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عربي

عربي

course

Financial Acumen :Business Success

Why Attend

As a professional, you are constantly faced with decisions that require professional judgment. By definition, acumen is "the ability to make good judgments and make quick decisions". Backing-up your experience with strong financial acumen would provide quantitative support for your options, add credibility to your decisions and raise the likelihood of winning strategic bets. In this training course, we will combine the strategic and commercial aspects of the business with the financial one. You will understand how day-to-day operating decisions in procurement, production, and sales, as well as on how and where to compete, will impact your company’s profitability and financial situation.

Overview

Course Outline

Schedule & Fees

Methodology

The course uses a mix of interactive techniques, such as brief presentations by the consultant, case studies, hands-on applications of analysis using Excel and group exercises to apply knowledge acquired throughout the course.

Course Objectives

By the end of the course, participants will be able to:

Define where and how their company competes and identify which competitive advantages generate shareholder value

Interpret how macroeconomic conditions and industry specific situations can impact their company’s profitability and performance

List the components of the basic financial statements

Analyze the ability of the company to survive over the short run and long run, and exercise commercial decisions that can improve their company’s performance

Apply cost concepts to make informed decisions that are strategically and financially fit for the company

Target Audience

Managers, supervisors and staff from any function including finance who need to improve their understanding and usage of financial information.

Target Competencies

Strategy identification

Economic analysis

Industry analysis

Understanding financial statements

Financial analysis

Working capital management

Financial decision making

Managerial decision making

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