Overview
When it comes to Finance, the consequences of getting it wrong can be devastating and that is why Finance is one of the most important areas of any business or organisation. Is finance given enough attention where you work? The truth is that managers at all levels can make a significant impact on the company’s financial performance and position.
Wouldn’t it be great if more people could contribute and there were lots of people looking out for the company’s finances? What if all managers understood accounts and felt confident when looking at the numbers? What if they were able to improve their commercial acumen and make decisions based on sound financial judgment? What if they cared about improving the finances as much as the Finance Director?
This is what the ‘Finance Made Easy’ workshop sets out to achieve!
What you''ll learn
Understanding the Theory
- Balance Sheets and P&Ls: what are they all about and how do they work?
- Cash vs Profit: What’s the difference and which is more important?
- How to write brilliant business cases
- The two main Pricing Methodologies
- Budgets and Forecasts: how do they work and the importance of MI
- How much are problem areas and inefficiencies really costing the business?
Practical application: Things YOU CAN DO to improve the finances
- Your role and Finance: how do your actions affect the finances?
- The Finance Function: its role and relationship with your department
- Six ways to save costs without affecting the customer experience
- Strategies to deal with Inflation
- Things managers could do daily, weekly, monthly and yearly to improve the finances
Who is it for?
- Experienced managers seeking to refresh and update their knowledge on key finance principles
- New managers that have never been formally trained on the finance aspects of their role
