About the Course
This course has been designed to help you keep pace with the fast-changing society and its impact on the business world. Humans are evolving at an unprecendented rate driven by the sheer amount and access of information. This applies to our customers, our employees, management and ourselves.
More specifically, this course demystifies finance for non-financial executives, providing them with the knowledge and skills to interpret financial information and make informed business decisions. Participants will learn how to analyze financial statements, understand key financial metrics, and contribute more effectively to strategic discussions
Approach
This program applies a blend of presentations, case studies, and group discussions to impart knowledge that is relevant and relatable, enabling you to reflect on your approach up to now, and give you tools you can begin to apply even in the classroom.
Course Outline
Topics for the course include:
● Introduction to Financial Statements● Understanding Key Financial Metrics● Budgeting and Financial Planning● Cost Management and Control● Investment Analysis and Decision Making● Cash Flow Management● Financial Risk Management● Practical Applications in Business ScenariosWho Should Attend?
The program is most relevant for Non-financial executives and managers in FMCG companies who need to understand financial concepts and their impact on business decisions.
Learning Outcomes
By the end of this course, participants will be able to:
● Read and interpret financial statements to assess business performance.● Understand key financial metrics and their implications for business decisions.● Participate in budgeting and financial planning processes with confidence.● Apply cost management techniques to enhance profitability.● Evaluate investment opportunities using basic financial analysis.● Manage cash flow to ensure financial stability and operational efficiency.● Identify and manage financial risks in business operations.● Apply financial knowledge to real-world business scenarios and strategic decision-making.