For directors of board and top managers of Microfinance Institutions
***** A truly innovative programme – Externally Rated
In our work with microfinance institutions over the last decade, the programme directors of this course Ademola Tosoye and Ommara Raza Ali, identified a number of strategic and operational issues that are inhibiting the growth of microfinance institutions.
Ademola Tosoye – I have come across a number of institutions that have entirely forgot the importance of doing the basic things to stimulate performance. I see cases of mission drifts, defective strategies, poor communication, lack of strategic direction, poor corporate governance and the inability of directors to challenge senior managers on the importance of innovation.
Ommara Raza Ali – Likewise, I have also come across poor financial manage-ment systems, poor product development. Outdated management systems, mis-match in assets and liability, mission drift, lack of strategic oversight at board levels, poor risk management, inefficient financial systems and senior leaders not focusing on key priorities etc.
It is on these basis, that these two seasoned professionals have developed an intensive two–day executive programme aimed at turning around microfinance institutions so that they can become effective and efficient in delivering vital services to those that are at the bottom of the economic pyramid, whilst at the same time being sustainable. Our transformation programme, is a unique programme that we also use as a diagnostic tool, it allows us to analyse an MFI, by identifying the specific constraints to growth, we then assist you in developing a plan that addresses these specific areas.This programme is based on ten modules. Its aim is to challenge senior executives using the critical thinking concept. Participants that attend the programme will go through these fundamental modules. You have to be prepared to be challenged in a stimulating and thought provoking environment.
Module 2 - Strategic Leadership and Management
Module 3 - Management Values – Vision, Culture, Strategy, Communication and Clarity
Module 4 - Service Methodology and Product Development channels
Module 5 - Financial Management for non-Financial Managers
Module 6 - Competitive Positioning
Module 7 - Systematic Expansion Planning
Module 8 - Critical Analysis - Ratings and Evaluation of an institution
Module 9 - Business Planning
Module 10 - Action Plan