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HomeLadakhNPC organizing Residential Training Program on “Stress Mgmt and Strategic Financial Planning...

NPC organizing Residential Training Program on “Stress Mgmt and Strategic Financial Planning for Organizational Excellence” at Leh

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CURTAIN RAISER

Stress is universal. Many people find that they have to contend with the pressures generated by a fast-moving and highly competitive work environment. Some stress is essentially good because it stimulates you to face challenges. However, excessive ongoing stress causes a constant stimulation of the body’s stress reaction system. Stress Management Training will provide a toolkit of tips and strategies to reduce stress both at home and workplace. Strategic Financial Planning and Implementation ensures accountability aligning with actionable and achievable goals and objectives. This involves setting and committing to new standards of performance with built-in contingencies for all situations. Periodic reviews and links to operational plans help to make the strategy a reality. Strategic Financial Planning is often perceived as being relevant only to those who are employed in the higher ranks of an organisation’s Finance Department. This is not, or certainly should not be, the case. In an effort to upgrade the skills of various officials from Central & State Government Departments, Academic Institutions, PSUs, etc., National Productivity Council (NPC) a national level organization under Ministry of Commerce & Industry, Government of India organizing various Residential Training Program in different locations throughout the country. Economic Services Group of NPC will be conducting one such Residential Training Program on “Stress Management and Strategic Financial Planning for Organizational Excellence” during July 22-26, 2024 at Leh, Ladakh. This training programme has been designed to inculcate the importance of Stress Management & Strategic Financial Planning to help participants to understand Stress Management and how Financial Policies and objectives are established and to enable them to contribute effectively within the organization by improving managerial effectiveness and performance. There will be around 32 participants from different PSUs, Academic institutes, Corporations and various other Centre and State Departments.  Rajesh Sund, Director (Economic Services), NPC, who is coordinator of the program and also faculty for Strategic Financial Planning has specified that this Training Program has been conceptualized with the objective to provide understanding of Stress & its impact, awareness regarding the different stressors and understanding of stress management interventions. Participants will also be enabling the use to distinguish the key financial planning tools and measures, Valuation techniques for learning &developing unique strategies, implement correctly and set financial targets. This Training Program will be a perfect balance of theoretical learning and hands-on practice and enables participants to develop the expertise to maintain profitability and performance.

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