The public sector as a whole is grappling with, and trying to adjust to, the consequences of continuing austerity measures. Finance practitioners wish to ensure that that the financial strategy is aligned with service strategy. The initial focus is on understanding the current context and what factors can drive strategy development. Based in this context the implementation of strategic planning was reviewed, examining the tools available including risk identification, analysis of impact, budget approaches and key service drivers. Potential options available were reviewed, including shared services, partnership working and social initiatives. The tools and techniques, such as NPV and IRR, that could be applied were examined.
The materials were presented in four sessions:
- Financial Strategy - Context
- Financial Strategy – Implementation
- Service Delivery Options
- Assessment Tools
The following files are available to download: