Commercial outlook to work

Finance for

Non- Finance

Customer determines value. Organisation determines cost. Together these determine performance & profit.

Successful managers know that their decisions affect the profitability of the company, but are often puzzled by the numbers they deal with. It is important for all managers to develop eyesight for value & cost of all activities.

This program empowers the non-finance manager with an understanding of the numbers. The program provides the managers with a comprehensive working knowledge of critical financial principles in an easy to follow manner that will help them make better decisions in their organisation. This training module facilitates gaining this insight in a simple, no jargon fashion that can be implemented straight away.

Objective

• Interpret crucial financial data

• Understand value, performance & cost equation in work context

• Understand cost behind common activities

• Learn ways to imbibe cost & value sensitivity

Take away

At the end of the workshop the participants will be able to communicate finance related matters more effectively & understand the performance metrics of an organisation. They will learn to interpret crucial financial data in ways that enable them to improve their effectiveness and make a more productive corporate contribution for value creation.

The participants will understand the value & cost implication of routine work/ activities & ways to control/ improve these.

3 + 1/2 days