This strategic course focuses on the integration of cost management with business strategy to create sustainable competitive advantage. Participants will learn advanced cost analysis techniques that support strategic decision-making, including value chain analysis, strategic positioning, and cost driver analysis at the strategic level. The program emphasizes the role of cost management in achieving strategic objectives and creating customer value. Through strategic case studies and industry analysis, attendees will develop the expertise to use cost information for strategic planning and competitive positioning.
Strategic Cost Management and Analysis
Financial Management and Accounting
October 25, 2025
Introduction
Objectives
Key learning objectives for this course include:
- Integrate cost management with business strategy development
- Apply value chain analysis for competitive advantage
- Identify and manage strategic cost drivers
- Implement target costing and value engineering
- Use cost analysis for strategic positioning decisions
- Develop customer profitability analysis systems
- Apply lifecycle costing for product strategy
- Implement strategic performance measurement
- Use cost information for strategic decision-making
Target Audience
- Strategic Planning Managers
- Chief Financial Officers
- Business Unit Leaders
- Management Consultants
- Product Managers
- Cost Management Specialists
- Business Development Directors
- Operations Strategy Managers
Methodology
- Strategic case studies of cost management
- Value chain mapping exercises
- Target costing workshops
- Customer profitability analysis
- Industry analysis projects
- Group discussions on strategic applications
- Individual strategic cost analysis projects
Personal Impact
- Enhanced strategic thinking and analysis skills
- Improved integration of cost and strategy
- Stronger competitive analysis capabilities
- Increased confidence in strategic decisions
- Better understanding of value creation
- Professional growth in strategic management
Organizational Impact
- Improved competitive positioning through cost management
- Enhanced profitability through strategic cost reduction
- Better resource allocation aligned with strategy
- Increased customer value and satisfaction
- Stronger market position and advantage
- Improved strategic decision-making
Course Outline
Strategic Cost Management Foundation
Strategic Context- Strategic cost management concepts
- Cost leadership vs. differentiation strategies
- Strategic positioning and cost analysis
- Role of cost management in strategy
- Strategic planning process integration
- Competitive analysis using cost information
- Industry structure and cost behavior
- Strategic cost management framework
Value Chain Analysis
Value Chain Concepts- Value chain definition and components
- Internal value chain analysis
- Industry value chain mapping
- Value creation and cost analysis
- Cost analysis across value chain
- Strategic cost reduction opportunities
- Value chain reconfiguration
- Supplier and customer cost analysis
Strategic Cost Drivers
Cost Driver Analysis- Structural cost drivers identification
- Executional cost drivers management
- Cost driver relationships analysis
- Strategic cost driver leverage
- Scale and experience effects
- Technology and complexity drivers
- Workforce involvement and quality
- Capacity utilization strategies
Strategic Costing Techniques
Target Costing- Target costing principles and process
- Market-driven costing approaches
- Value engineering techniques
- Kaizen costing implementation
- Product lifecycle cost analysis
- Customer lifecycle costing
- Project lifecycle cost management
- Strategic pricing using lifecycle costs
Customer and Channel Analysis
Customer Profitability- Customer profitability analysis
- Customer lifetime value calculation
- Customer segmentation using cost data
- Customer relationship cost management
- Distribution channel cost analysis
- Channel profitability assessment
- Multi-channel cost management
- Strategic channel design
Strategic Implementation
Performance Measurement- Strategic performance measures
- Cost of quality measurement
- Strategic variance analysis
- Benchmarking for strategic improvement
- Implementing strategic cost management
- Organizational change for cost management
- Building cost-conscious culture
- Sustaining strategic cost advantage
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