Our Mission:
Providing Business Knowledge and Literacy For Future Business Leaders - Worldwide.
Finance For Non Financial Managers
Financial Management Fundamentals
Finance For Managers And Directors
Finance For Inside Sales Personnel
Business Management simulation
Advanced Business Management Simulation
Finance For Non-Financial Managers
Key Benefits
Finance is the language of business. Money is the record keeping process. Money (investment) flows toward low risk, and business performance is generally measured in financial terms such as "return on Investment " (ROI). Risk, return, investor confidence are all indicators of the "health" of a company.
Finance for Non-Financial Managers program introduces the participant to basic business concepts. How a business (company) obtains and invests its cash, generates profits, manages profits, liquidity, solvency, cash flow and other assets.
Understanding the structure of the basic financial statements are key items in the analysis of a business operation. This training program will also introduce the participant to the structure of income statements, balance sheets and key performance indicators.
Program Objectives and Learning Opportunities
Describe the structure and purposes of the income statement.
Describe the structure and purposes of the balance sheet.
Describe the importance of key business ratios.
Perform analyses of both the income statement and balance sheet.
Describe key measures of profitability, liquidity, solvency and efficiency.
Compare the profitability of their company to that of their competitors.
Target Audience
All employees who want and need an understanding of basic business concepts in language that is free of technical lexicon.
Format
Two day programs. (Can be customized for teams)
Program is suggested to be delivered off-site; away from the office.
Discussions/presentations/simulations/case studies.
Group exercises focused on job related business operations.
Financial Management Fundamentals
Course Description:
Financial Management Fundamentals provides the Individual Contributor with the financial knowledge essential for a regional sales manager.
This training will:
Develop the tactical application of financial key performance indicators in the day-to-day management of business.
Plan and execute strategies in relation to market trends, risks and competition that involve a current segment of business.
After completing this course, participants will:
Possess business planning, forecasting and pipeline management skills.
Identify, understand and analyze financial key performance ratios.
Demonstrate a working knowledge of strategic and tactical planning.
Experience the impact of condensed decision making on the market place.
Apply performance management and revenue recognition skills.
Balance and integrate operations through the efficient use of resources.
Know the difference between operating with and without a viable plan.
Gain an understanding of the entire market place and the “big picture.”
Finance For Managers and Directors
Course Description:
Finance for Managers and Directors provides the business unit manager with the financial knowledge essential for a profit center.
This training will:
Develop a better understanding of financial statements and how to analyze them.
Plan and execute strategies in relation to market trends, risks and competition that involve the business of a profit center.
After completing this course, participants will:
Understand the basic structure and how to read financial statements of public companies.
Gain an understanding of how to analyze a company’s performance and financial strength based upon its published financial reports.
Know how and where to access a public company’s financial reports and related information.
Possess business planning, forecasting and pipeline management skills.
Identify, understand and analyze financial key performance ratios.
Demonstrate a working knowledge of strategic and tactical planning.
Experience the impact of condensed decision making on the market place.
Apply performance management and revenue recognition skills.
Finance For Inside Sales Personnel
Course Description:
Finance for Inside Sales Personnel provides the financial knowledge essential for understanding how one's customers create profits and how their customer's customers create profit.
This training will:
Develop an understanding of key financial statements with a focus on the income statement and on how profits are created.
Plan and execute strategies in relation to market trends, risks and competition for a business-operating unit
After completing this course, participants will:
Identify, understand and analyze key financial statements.
Apply performance management and revenue recognition skills.
Know the difference between operating with and without a viable plan.
Demonstrate a working knowledge of strategic and tactical planning.
Experience the impact of condensed decision making on the market place.
Balance and integrate operations through the efficient use of resources.
Gain an understanding of the entire market place and the "big picture."
Business Management Simulation
What will Business Management Simulation Training do for you?
The Business Management Simulation (BMS) is a training exercise in total operational management. In two days you will gain four years of simulated but true-to-life decision making experience as the president/owner of your own operation. Each simulated year mirrors "real life" business in detail and complexity. It affords each participant a "holistic" and "practical" experience in running a profit-center and to learn how business is conducted nationally and internationally.
Program Objectives and Learning:
Possess an applied understanding of the importance for cash flow management.
Understand the effects of different management styles in a free and competitive market.
Demonstrate a simple and clear method for understanding fixed and variable costs.
Understand the impact of condensed decision making on job proficiency and profit.
Plan for profit-center costs, break-even ratios and profit.
Target Audience:
All employees.
Format:
Two day program. (limited to 15 participants per program)
Program is strongly suggested to be delivered off-site; away from the office.
Discussions/presentations.
Business simulation.
Video play-back reviews. (Optional)
High participant involvement: Learning-by-doing.
Advanced Business Management Simulation
What will Advanced Business Management Simulation Training do for you?
Incorporates all of the attributes from BMS Phase 1 training, plus the added challenges of managing a multi-site, multi-product operation. The multi-site, multi-product business simulation requires monitoring the design and development of each product, the projected life cycle and establishment of a profitable product mix. In the role of profit-center manager, each participant is responsible for all operational and financial decisions for each site and product operation from the initial investment in fixed assets to the design, development and sale of products.
Program Objectives and Learning
Understand the major activities involved in managing a successful profit-center. (e.g. Finance, Marketing, Operations, Planning)
Have gained experience in strategic profit center planning.
Have gained experience in problem solving and decision-making as it relates to running a profitable business.
Understand the major key performance indicators: Break Even Point Ratio, Profit Ratio, Gross Margin, Fixed Cost Controls, Return on Investments, Shareholder's Equity, Income Statements and Balance Sheets.
Target Audience
Limited to those who have attended Business Management Simulation Phase 1 training.
Present and future Profit-Center Managers.
Format
Three day program. (limited to 15 participants per program)
Program is suggested to be delivered off-site; away from the office.
Total participant interaction with the business simulator.
Year-end computer print-outs: income statements, balance sheets, annual reports for each participant's profit center.
Application directed to real-life business operations.