Diagnosing and Understanding Business Performance (Essential Finance)

In a dynamic and changing business environment, financial management skills are essential for non-finance managers to encourage, motivate and challenge those employees for whom they are responsible. Key non finance manager’s understanding of financial models and reports is a differentiator in ensuring the making of timely and reliable decision that adds value to a business and increases shareholders’ value.

Diagnosing and Understanding Business Performance (Essential Finance for Non-Finance Managers) is a program designed to equip non finance managers and even finance managers with financial skills which is a fundamental pre-requisite for modern effective management.

This is a comprehensive 3-day program facilitated experts with several years’ business and finance experience in world-class organizations. Through practical examples and case studies, this interactive program will ensure you gain a full understanding of financial processes and terminologies.

Participants will gain the skills to analyse and interpret financial statements, understand the link between income, cost, profits and cash and the basics in creating sustainable value.

At the end of the program, participants will:

• Understand financial jargons and participate with confidence in financial strategy meetings
• Understand financial statements and be able to determine the health or otherwise of your organisation
• Improve their performance through financial analysis, tools and techniques
• Be able to identify whether your organization and other related businesses you are involved with are failure prone
• Make everyday decisions that create value in your organization.

An appreciation and understanding of finance by non-finance managers and executives provides relevant fundamentals for harmonious work and growth of any organisation. 

The program has been created for managers to enable them make right decisions and contribute to the growing success of the organisation. This intensive program provides a thorough grounding in finance for both non-finance and finance managers

Specifically participants at the end of the program will be able to

• Understand financial statements and use ratios as a guide for financial improvements and overall performance of the organisation
• Position your organisation with emphasise on liquidity and growth
• Master the workings of working capital to ensure better strategic decision making
• Establish successful and realistic performance plans, incentives and financial controls at all levels
• Employ proven forecasting modules in planning, predicting and monitoring results with greater confidence
• Work more effectively with a diverse range of colleagues in financial roles within and outside the organisation for the benefit of the organisation
• Use tools to project and measure growth and value   

Participants will also be taken through fundamentals of effective leadership and an alignment of thoughts between business performance and leadership.