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Teaching Responsibility

LJMU Schools involved in Delivery:

Justice Studies
Liverpool Business School

Learning Methods

Tutorial

Workshop

Module Offerings

7007LBSSLA-FEB_NS-MTP

7007LBSSLA-SEP-MTP

Aims

The module aims to provide learners with a detailed understanding of how financial management theories, concepts and techniques are used to support transformational business strategy and operations. The module will provide learners with a grounding in the financial tools used for decision-making and data analysis and consider how these can be used to meet complex organisational challenges within law enforcement. Learners will use critical analysis to consider the limitations of financial tools and will evaluate the role of values, ethics and sustainability in creating appropriate financial reporting structures. The module will support learners in being both forward facing and progressive in their financial planning.

Learning Outcomes

1.
Critically appraise the use of multi-source data and analytics in support of management decision making and consider the role of values, ethics and sustainability in guiding financial strategies.
  • Financial governance
  • Financial strategy
  • Organisational dynamics
  • Procurement
  • Financial strategy
  • Resource allocation
2.
Critically evaluate financial statements and data to appraise and manage organisational risk.
  • Financial governance
  • Risk management
  • Resource allocation
  • Procurement
  • Financial strategy
  • Financial strategy
  • Workforce planning
3.
Critically apply knowledge of financial management to support organisational governance and strategic decision making in policing
  • Financial strategy
  • Financial governance
  • Risk management
  • Financial strategy
4.
Critically evaluate the organisations financial position and its impact on human resource management and procurement

Module Content

Outline Syllabus:
Indicative content includes;
  • Sustainable practices within financial reporting
  • Strategic risk frameworks & analysis
  • Responsible and ethical supply chain management/procurement
  • Ethical data analysis and definitions of "value"
  • Financial governance, accountability & responsibility
  • Critical analysis of the Balanced Scorecard approach - unlocking value in transformational change
  • Relationship between financial and people management
Module Overview:
The module aims to provide learners with a detailed understanding of how financial management theories, concepts and techniques are used to support transformational organisational strategy and operations. It will provide learners with a grounding in the financial tools used for decision-making and data analysis and consider how these can be used to meet complex organisational challenges in law enforcement.

Learners will use critical analysis to consider the limitations of financial tools and will evaluate the role of values, ethics and sustainability in creating appropriate financial reporting structures. In the module, learners will critically reflect on their own experience as well as that of their peers to enhance their personal understanding of forward looking financial practice and budget management.

Learners wil explore the impact that the organisations financial position and strategy has on other operational areas such as people management and supply chain.

On completion of this module, students will have developed into more successful, financially literate senior leaders and will be able to apply their learning to their current policing role.

Assessments

Portfolio