“Excellent training day that has improved my budget management confidence.”

The NHS Budget Holder's Survival Guide

Today was a really fulfilling day with an entertaining and challenging group attending The NHS Budget Holder’s Survival Guide in Cambridge.

Comments from today’s event include (with written permission gratefully received from each participant):

“Very good knowledge of subject matter and I feel I have learnt a great deal on today’s course. THANK YOU!” – Angela Coleman, Orthoptic Team Leader, SEPT Community Health Services

“Excellent training day that has improved my budget management confidence.” – Marie Alexander, Training Manager, Norfolk and Suffolk NHS Foundation Trust

“Wish I had attended your course before.” – Sekaran L., Consultant Physician, Luton & Dunstable Hospital NHS Foundation Trust

“The workshop and practical approach was ideal for my learning style.” – Mary Smith, Speech and Language Therapy Manager, SEPT Community Health Services

It’s always interesting to see how people’s confidence in interpreting financial reports can be transformed in just a day. I’ve spent two decades doing finance training within the NHS and have developed a Seven Step Method for interpreting financial reports using seven questions, making three calculations and taking no more than 15 minutes. It works every time.

Many thanks to everyone who made the day so successful.

davidbaileyfcca

“Both enjoyable and informative!”

Today’s event in Braintree was a chance to investigate tools and techniques to improve Forecasting and Financial Modelling in the NHS:

Get the skills to forecast confidently and improve financial control through financial modelling.
This one day interactive workshop is the essential practical introduction to the skills and knowledge needed by finance staff to be able to forecast successfully and to create robust and reliable financial models. It covers alternative methods of forecasting in the NHS and best practice in developing financial models.
The workshop is designed for finance staff with responsibility for forecasting and financial modelling. Engaging practical exercises are backed-up by simple theory to ensure comprehensive coverage of the topics. This workshop covers all the forecasting methods available to accountants, the reasons for poor forecasts and how to avoid them and a best practice guide to spreadsheet modelling.
This workshop relates to the KSF dimension G4: Financial Management.

Evaluations

Comments on the evaluation forms included (with kind written permission received from each person):

“Both enjoyable and informative!” – Steven Giles, Financial Controller, South East Essex PCT
“Interesting workshop. Will make me think about how I currently work and improvements I can make.” – Natalie Brodie, GP Finance Lead, Basildon and Brentwood CCG, South Essex Cluster
“Very informative.” – Dean Chittenden, Resource and Finance Assistant, South West Essex Community Services
“Content relevant and useful for my day to day role.” – Kerry Carter, Senior Management Accountant, South West Essex Community Services

Resources

Here are the resources from the day – please use the Username and Password given to you to access them – thank you!

A copy of the authorised version of the Best Practice Spreadsheet Modelling Standards. The Spreadsheet Standards Review Board is the body that develops and maintains the Best Practice Spreadsheet Modelling Standards. The SSRB was established by BPM Analytical Empowerment Pty Ltd to bring together the best spreadsheet modelling skills from around the world in order to develop and gain general acceptance for comprehensive and universally applicable Best Practice Spreadsheet Modelling Standards:

BPSM Best Practice Spreadsheet Modelling Standards

A simple Visual Basic Excel macro which will colour-code cells to highlight the contents of each cell with different formats:

Colour Coding Excel Macro

An Excel workbook containing some simple suggestions for spreadsheet design:

Spreadsheet Tips

Principles, Techniques and Practice of Spreadsheet Style by Philip L. Bewig — July 28, 2005:

How do you know your spreadsheet is right?

Spreadsheet Modelling Best Practice by Nick Read and Jonathan Batson – April 1999:

IBM Spreadsheet Modelling Best Practice

CIMA’s review of In-year Financial Forecasting in the NHS from 2007:

In-year Financial Forecasting in the NHS – CIMA

davidbaileyfcca

Please get in touch if you would like any further resources or information.

“The best day of the course by far. Really fascinating tour of the financial world. Thank you very much.”

Finance_Masterclass

It’s always a pleasure to work with Leadership and Organisational Development in the East of England and with The King’s Fund. Today I ran a Finance Masterclass on the Provider Excellence Programme. It was a pleasure to have the delegates’ company and particularly pleasurable to have some challenge and robust debate.
Whenever the words ‘NHS Finance’ are uttered, people in the NHS have a reaction. Here are just some of the first words or phrases which come into the minds of a group of senior NHS leaders:

Boring
Important
Cost Improvement
Tight Rein
Containment
Big
Complex
Strapped
Bureaucracy
Dull
Demanding
Panic
Crisis
Challenging
Jargon
Confusion
Inefficient

Comments from Participants

“The best day of the course by far. Really fascinating tour of the financial world. Thank you very much.” – Rob Mallinson, Clinical Director for Medicine and Acute Consultant Physician, Ipswich Hospital NHS Trust
“Excellently presented. Good pace and good chance for questions, discussion and challenge.” – Mags Farley, Head of Operations, Princess Alexandra Hospital NHS Trust
“Thoroughly enjoyable session – very informative.” – Michelle Allott, Deputy Director of Nursing and Patient Safety, Norfolk and Suffolk NHS Foundation Trust
“A really enjoyable and entertaining session – surprising for a finance session! An informative and useful session.” – Annie Traynor, Trust Lead for Corporate Services, East of England Ambulance Service NHS Trust
“Very good overview in the time, hit the objectives.” – Dean Goodrom, Head of Estates and Facilities, East and North Herts NHS Trust

Resources

Here are the resources from the day.

PDF File of the PowerPoint slides from the day.

2012-06-12-Provider-Excellence-Programme PDF

Other resources:

Audit Commission – Achieving First Class Financial Management PDF
NHS Executive – Directions on Financial Management in England PDF

Please feel free to leave your Comments.

davidbaileyfcca

“Very well presented and very relevant to my role.”

The NHS Budget Holder's Survival Guide

Today was a chance to run a workshop in Hatfield in Hertfordshire. Today’s The NHS Budget Holder’s Survival Guide was a clear attempt to change the culture of finance through creating a cohort of confident and knowledgeable budget holders willing and able to challenge finance within their organisations to improve services.

Course content:
  • Budgets and budgetary control
  • Understanding financial reports
  • The three methods of accounting
  • Forecasting your financial position
  • How budgets are set
  • Planning to develop your service
  • Your responsibilities… and your rights
  • The seven point plan for interpreting your financial information.

Comments from today’s event include (with written permission received from each participant):

“Very well presented and very relevant to my role. Thank you.” – Jill Dickinson, Unit Manager, East and North Herts NHS Trust
“Enjoyed the course – surprisingly!!” – Jillian David, Service Manager, Mount Vernon Cancer Centre, East and North Herts NHS Trust

Many thanks to everyone involved.

davidbaileyfcca

“Really good workshop. Relevant and interactive.”

Marketing Yourself and Your Service

In the NHS, marketing does not always seem relevant. After all, isn’t it just about selling and advertising? Today’s Marketing Yourself and Your Service workshop in Newmarket was a fascinating insight into how useful many of the marketing techniques used outside the NHS can be in creating a patient-led NHS and in ensuring equity of service delivery. Here are just some of the comments from delegates (all reproduced with kind written permission):

“Excellent content, pace, style. Right balance of interaction. Very nice presentation style.” – Alasdair Drake, Consultant Gynaecological Oncology, East and North Herts NHS Trust
“Really good workshop. Relevant and interactive.” – Dr Abhijit Bagade, Consultant in Public Health Medicine, NHS Cambridgeshire
“An enjoyable day with some useful insights into marketing.” – Pat Phen, Consultant Cardiologist, Basildon and Thurrock University Hospitals NHS Foundation Trust
“Nice mix of slides, handouts etc which kept day flowing.” – Miriam Mitchell, Speech and Language Therapist, South West Essex Community Services

Some of the key documents are:

The Chartered Institute of Marketing: The real NHS: the benefits of a marketing approach
Presentation Slides: Presentation
Handouts: Questionnaires – Service and Self Assessments

Many thanks to everyone for such a positive day.

davidbaileyfcca

“Really informative and fun day.”

The NHS Budget Holder's Survival Guide

It’s always a pleasure to train at the British Racing School. The thoroughbred racehorses are magnificent and the facilities excellent. Today’s The NHS Budget Holder’s Survival Guide was timely reminder of the continuing need for targeted financial training for managers and clinicians on all aspects of budgeting and finance..

Comments from today’s event include (with written permission received from each participant):

“Could David come into my workplace to help implementation of theories and review / follow up outcomes.” – Michael McMahon, Modern Matron, Cambridgeshire Community Services
“Interesting course can take experience away and use information from today. Good group participation.” – Teresa Burden, Sterile Services Manager, Bedford Hospital NHS Trust
“Very enjoyable for a subject I thought I would struggle with and find very dry. Thank you!” – Joanne Radnor, Sexual Health Services Manager, CCS – Luton
“Really informative and fun day. Learnt some French, Latin and history along the way. Thank you.” – Jason Foster, Deputy General Manager – Outpatients, East and North Herts NHS Trust
“Excellent presentation, interaction of group.” – Rachel Hiscock, Breast Imaging Manager, Norfolk and Norwich University NHS Foundation Trust
“Enjoyable and interesting today with usable information for dealing with budgets.” – Elizabeth Harper, Radiology Services Manager, East and North Herts NHS Trust
“Very well presented and an enjoyable day :)” – Debbie Healy, Senior Health Improvement Specialist, NHS North East Essex
“Very engaging and interesting – learnt a lot. Will use the calculator next time I’m checking budgets.” – Laura Cooper, Health Improvement Specialist, NHS North East Essex
“Good mix of interaction and being talked to. Having been a budget holder for 10 years it was good to know my understanding mostly learnt on the run was basically ok. Feeling quite positive.” – Deborah Wooller, Service Lead, Specialist Rehab and Stroke, Norfolk Community Health and Care NHS Trust
“Thanks for clarifying budget holders responsibilities. Easy to understand.” – P White, Acting Stroke Care Team Leader, Norfolk Community Health and Care NHS Trust
“Very good presentation and speaker. I felt out of my depth coming on this course as never been involved with budgets / finance before but it was explained in simple terms in a non-patronising way.” – Babs Foster, Team Leader, Specialist Surgery, Ipswich Hospital NHS Trust

Many thanks to everyone who participated in such an enjoyable day.

davidbaileyfcca