In today’s fast-paced business landscape, administrative expenses
and costs can quickly eat into your organization’s profits.
Our comprehensive course will show you how to reduce
these expenses without compromising productivity.

You’ll discover the hidden costs of poor quality,
master the art of calculating return on investment (ROI),
and learn how to identify and eliminate wasteful practices.

With our expert guidance, you’ll transform your organization
into a lean, mean, and highly profitable machine.
Learn how to strike the perfect balance
between reducing expenses and maintaining productivity.
Don’t wait – enroll now and start optimizing your
administrative expenses and costs for long-term financial success.

 

How to Reduce Admin Expenses and Costs

July 23, 2024
2:00pm – 5:00pm

 

ONLINE MASTERCLASS VIA

 

Administrative expenses and costs are two of the factors which is not managed well
could lead to spiraling financial impact. Yet, these are important considerations on
both a day to day (expenses) and long term – CAPEX (costs) perspectives.
What is critical is how to relate these with the areas of
operational productivity, competitiveness, and profitability.

This learning session will cover the essence of administrative expenses and costs while appreciating how to build “better value” in the utilization of these financial factors to the organization.  Several topics have been selected to surface both strategies and initiatives to better protect the margins and profits.

 

• Understand the challenges in business and their administration in today’s times.
• Internalize the essence of human intervention as it affects expenses and costs.
• Insight in the aspects of administrative management of expenses and costs.
• Realize the strategies and initiatives towards reducing/managing expenses & costs.
• Enhance the skills and knowledge toward better office administration and finance.

 

Module 1: Introduction to Administrative Expenses and Costs

• Essence of business continuity and the critical role of administration
• Nature of administrative expenses and costs (CAPEX)

Module 2: Understanding Administrative Expenses

• Deep dive into the why, what, and which of administrative expenses
• Key outcomes that need to be satisfied by businesses (quality, standards, pricing, and delivery requirements)

Module 3: Understanding Administrative Costs (CAPEX)

• Deep dive into the why, what, and which of administrative costs (CAPEX)
• Critical elements involved in organizational business cycles (Man, Machines, Materials, Methods, Money, and Measures)

Module 4: The Impact of Human Intervention on Administrative Expenses

• Insights into human errors and human violations on productivity and expenses
• Unmanaged human intervention increases admin expenses

Module 5: Waste Reduction Strategies for Administrative Expense Management

• Muda as a strategy for administrative expense management (wastefulness, uselessness, and futility)
  -Waiting
  -Inventory
  -Overproduction
  -Defects
  -Motion
  -Overprocessing

Module 6: Mura as a Strategy for Administrative Expense Management

• Mura means unevenness, non-uniformity, and irregularity
• Mura drives and leads to Muda causes increases in administrative charges
• Cost of quality (preventive costs, appraisal costs, cost on non-conformance, and cost to meet changing outcomes)

Module 7: Muri as a Strategy for Administrative Expense Management

• Muri means overburden, beyond one’s power, excessiveness, impossible or unreasonableness
• Muri can result from Mura and in some cases be caused by excessive removal of Muda (waste) from the process

Module 8: Strategies for Better Administrative Cost Management

• Validity and reliability in compensation and benefits surveys
• Methods for ensuring accurate data collection
• Avoiding common pitfalls

 

Prof. Ricky De Vera, MBA, CSP, CMP
Certified Business Consultant – Japan/Singapore

Click here for his profile.

 

ONLINE MASTERCLASS

EARLY ACCESS PROMO
Jumpstart Special – Php. 1,199 + VAT per pax
(paid on or before July 8)

Early Bird Rate – Php. 1,399 + VAT per pax
(paid on or before July 16)

GROUP PROMO
Group Rate – Php. 1,299 + VAT per pax
(for 5 – 14 pax)

Super Group Rate – Php. 1,099 + VAT per pax
(for 15 or more pax)

SPECIAL PROMO
Birthday Promo – Free Seat if you register within birthday month
with at least 2 paid pax @ Php. 1,699 + VAT per pax
(Must present proof of date of birth)

Join Now Pay Later Promo – Php1,899 + VAT per pax
(Pay after 30 days from the date of the masterclass)

Student Rate – Php. 850 + VAT per pax
(Must present a valid High School or College student ID)

REGULAR RATE
Php. 1,699 + VAT per pax
(starting July 17)

 

Inclusive of the Masterclass Session, the presentation materials and the Digital Certificate.

 

Looking for customized in-house training in HR, Labor Law, Taxation, Accounting, Supply Chain Management, Soft Skills, or similar areas?

Click here for more information.

 

 

 

IMPORTANT REMINDERS

REGISTRATION.
You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

 

CHECK OUT.
When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

 

BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS.
On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.

 

PAYMENT
POWERMAX provides three (3) payment options:
(1) Bank Deposit/Online Bank Transfer
(2) G-Cash
(3) PayPal/Credit or Debit Card Through PayPal 

 

Bank Deposit or Online Bank Transfer / G-Cash
If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

 

IMPORTANT:
Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

 

Payment Through PayPal
If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

 

Masterclass access links.
Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead. 

 

Terms and Conditions.
By registering you agree to our Terms and Conditions and acknowledge our Privacy Policy.

 

Thank you and enjoy!

Keep safe and God Bless!