CodeDateVenueFees 
FI1225 Mar - 29 MarPrague$5695Register

In order to succeed, every organisation requires their employees to comprehend what is required to run a business, and fully understand where his or her role fits into the big picture.
ZOE’s course on ‘Understanding the Business’ entails a structure and design that will empower employees to understand and apply business development principles to their own role, thus fully participating and helping the organisation to accomplish its strategic goals.


Who Should Attend?

  • Supervisors
  • Team Leaders
  • Management
  • Team Members
  • Administrative Executives

Course Objectives:

By the end of this program, participants should be able to:

  • Overcome any psychological barriers to understand financial statements
  • Appreciate the significance of making money and being profitable
  • Understand how cash is generated and why it is critical
  • Understand the process through which someone can turn inventory
    or capital
  • Identify the growth factors
  • Understand customers choices to buy from some businesses over others
  • Know the purpose of annual reports and their key components
  • Understand the pillars of business acumen
  • Learn how the price/earnings ratio is calculated and used
  • Understand the pillars of business acumen
  • Analyse business case studies
  • Interpret financial statements and make informed business decisions
  • Tie business acumen to organisational success
  • Plan risk management strategies for development
  • Pay close attention to value add and end user value

Course Outline:

Getting Started

  • Housekeeping Items
  • The Parking Lot
  • Workshop Objectives
  • Pre-Assignment

Session One

  • Action Plans and Evaluations
  • Seeing the Big Picture
  • Short and Long Term Interactions
  • Recognize Growth Opportunities
  • Mindfulness of Decisions
  • Everything is Related
  • Case Study

Session Two

  • Review Questions
  • KPI’s (Key Performance Indicators)
  • Decisiveness
  • Flexible
  • Strong Initiative
  • Intuitive
  • Case Study

Session Three

  • Review Questions
  • Risk Management Strategies
  • Continuous Assessment
  • Internal and External Factors
  • Making Adjustments and Corrections
  • Knowing When to Pull the Trigger or Plug
  • Case Study

Session Four

  • Review Questions
  • Recognizing Learning Events
  • Develop a Sense of Always Learning
  • Evaluate Past Decisions
  • Problems are Learning Opportunities
  • Recognize Your Blind Spots
  • Case Study

Session Five

  • Review Questions
  • You Need to Know These Answers and More
  • What Makes Money My Company Money?
  • What Were Sales Last Year?
  • What is our Profit Margin?
  • What Were Our Costs?
  • Case Study

Session Six

  • Review Questions
  • Financial Literacy (I)
  • Assets
  • Financial Ratios
  • Liabilities
  • Equity
  • Case Study

Session Seven

  • Review Questions
  • Financial Literacy (II)
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement
  • Read, Read, and Read
  • Case Study

Session Eight

  • Review Questions
  • Business Acumen in Management
  • Talent Management
  • Change Management
  • Asset Management
  • Organizational Management
  • Case Study

Session Nine

  • Review Questions
  • Critical Thinking in Business
  • Ask the Right Questions
  • Organize the Data
  • Evaluate the Information
  • Make the Decision
  • Case Study

Session Ten

  • Review Questions
  • Key Financial Levers
  • Investing in People
  • Effective Communication
  • Process Improvement
  • Goal Alignment
  • Case Study

Session Eleven

  • Review Questions
  • Wrapping Up
  • Words from the Wise
  • Review of Parking Lot
  • Completion of Action Plans and Evaluations

General Notes

  • All our courses can be facilitated as Customized In-House Training course.
  • Course duration is flexible and the contents can be modified to fit any number of days.
  • As for Open Enrolment Courses, we offer our clients the flexibility to chose the location, date, and time and our team of experts who are spread around the globe will assist in facilitating the course.
  • The course fee includes facilitation, training materials, 2 coffee breaks, buffet lunch and a Certificate of successful completion of Training.
  • FREE Consultation and Coaching provided during and after the course.

Course Curriculum

No curriculum found !
Note
Customized Schedule is available for all courses irrespective of dates on the Calendar. Please get in touch with us for details.
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