Strategic Finance Workshop for Directors, Trustees or Governors


Strategic Finance Workshop for Directors, Trustees or Governors

How to ask the right questions to be able to share in decision making and hold the executives to account

The Strategic Finance Workshop is for executive and non-executive directors, trustees or governors who are looking to gain enough financial and legal literacy to enable them to operate confidently as board members when taking important strategic decisions and holding the executives to account. Participants will leave the workshop with an improved understanding of strategic finance and will be better equipped to contribute effectively to strategic decision making and evaluation of an organisation’s financial performance.

Learning Objectives

This 5-hour workshop enables board members who are not experts in finance to understand better the key financial aspects of good governance and to develop the confidence to make an informed and effective contribution to board discussions about the organisation’s strategy and performance. By the end of the workshop, participants will have:

  • Improved their financial knowledge in order to be able to contribute more effectively to strategic discussions and enable their organisations to achieve their strategic ambitions
  • Improved their understanding of the financial factors and risks in strategic decision making
  • Consolidated their basic understanding of key financial concepts
  • Been introduced to some of the financial instruments, legal structures and approaches currently available and have explored their benefits and risks, primarily from a financial perspective.

Workshops are delivered to directors, trustees or governors from one organisation, either on-site or at a convenient off-site location. They are a blended mixture of facilitated discussion, presentation, case studies and individual and group working around financial scenarios with opportunities for discussion of current challenges in the attendees’ own organisation.

Topics covered include:

  • Basics of Corporate Governance – what is the role of the board? What are the duties, liabilities and responsibilities of directors/trustees/governors? What is meant by fiduciary duty? What does good governance look like?
  • Financial Strategy – how the finance strategy supports and enables the Institution’s Strategy. What is the relationship between the annual budget and the Business Plan? How to determine the best use of the organisation’s funds.
  • Analysing and understanding accounts – reading and interpreting management accounts and the use of graphs, trends and ratios to analyse previous performance and future forecasts.
  • Financial planning – Operational and Project budgets – how to challenge annual budgets and appraise strategic investment projects. What to measure and what to do if things are going wrong.
  • Understanding key sources of funding – discussing funding alternatives and types of finance; the roles of external advisors.
  • Partnerships and Joint Ventures – how to analyse the financial risks and benefits of partnerships, joint ventures, mergers and aquisitions.

Workshop Leader: David Doughty CDir FIoD

Corporate Governance Consultancy - David DoughtyThe workshop is delivered by David Doughty, a Chartered Director and Fellow of the Institute of Directors who is a highly experienced Non-Executive, Chief Executive, Chair, Entrepreneur and Business Mentor. David has extensive executive and non-executive experience in small and medium enterprises in private, public and not for profit sectors. He is also a board level consultant to multi-national organisations and a Chartered Director Ambassador for the Institute of Directors.

See his LinkedIn profile here: (

Workshop Details

Workshops are usualy delivered during the working day to groups of board members from one organisation, either on or off-site.

Worksop duration is typically 5 hours from 10:00 to 15:00 with a working lunch.

Workshop content is tailored to focus on the current challenges of the organisation – all materials supplied by the organisation and the discussion on the day are in strict confidence. Non disclosure agreements can be signed if required. The workshop leader will not take notes during the workshop but the organisation may invite a note taker to observe the workshop and take notes for later use.

Workbooks are provided for each participent to enable them to make their own notes and review the workshop content afterwards.

For an initial discussion and to book a workshop for your organisation, contact David Doughty ( 01173 827 820)