The economies around the world are experiencing periods of financial crisis and major restructurings. These uncertain sentiments undoubtedly put company budgets under intense pressure and scrutiny. Against this backdrop, company strategists have to try to steer their companies in the right direction and allocate limited resources (e.g. funding) while managing and maintaining staff morale.

In desperation, many have resorted to quick fixes such as reducing headcounts and cutting corners in work quality. Although suppressing current cashflow difficulties, these would create a whole set of new problems later on in the medium and longer run. This workshop seeks to present powerful ideas to reengineer current systems, create leverages, reduce costs and permanently increase profits in key areas that zap up your bandwidths.


Target Audience
This workshop is designed to benefit senior management, business owners and strategists, entrepreneurs and decision makers concerned with maximizing profits through proper cost controls without compromises on product/service quality and brand. The workshop is centered on providing practical examples that will inspire actions to produce consistent results!

S.No	Outline
1	What is Real Profit and how is it determined?
2	How to Avoid the Traps of Business Shrinkage
3	Top 20 Financial Engineering Ways to Reduce Cost without Cutting Staff
4	Looking into Fixed and Variable Costs
5	Contribution Margin (CM) concept and How to Reduce Break-even Level
6	Increasing your profit with CM analysis
7	Reducing costs in Purchasing, Selling, HR, Finance and Operations
8	5-Way Leverage to increase profits through Leads, Conversions, Transactions, Average $ Sales & Margins

Trainer: Andy Ng
Andy Ng (CPA, MBA) graduated from the National University of Singapore (NUS) in 1988 and has a MBA from the Heriot-Watt University of UK. He has till date, coached and trained over 80,000 people in 11 countries including Tanzania, Japan, Indonesia, Taiwan, Malaysia, China, Australia, Brunei, Maldives and Thailand.

Andy used to be the Director of Finance, HR and Admin at the world's 5th largest computer networking equipment supplier - Allied Telesyn International. Andy’s other experiences include banking at Chase Manhattan Bank, consultancy at KPMG and sales at Vickers Ballas Securities.

The workshops conducted by Andy are highly popular, with some segments being aired on MediaCorp Radio. Andy is also a Certified Trainer with the American Management Association (AMA), Advanced Training (UK) and Action International. He is also ACTA-certified by Singapore Workforce Development Agency. Currently he sits on the Executive Committee of Association of Professional Trainers Singapore (APTS).