Develop your commercial eyesight
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 an eyesight for value & cost of all activities.
This training module facilitates gaining this commercial eyesight in a simple, no jargon fashion that can be implemented straight away.
Who should attend?
Working professionals at:
Finance and accounting
Terms & definitions
Components of a Balance Sheet
Profit and Loss
Value, performance, cost equation
How to improve value & profits
Types of cost
Lifecycle cost (LCC)
Ways to improve performance
Better resource usage
On attending this training workshop, the participants will be able to communicate finance related matters more effectively & understand the performance metrics, the value & cost implication of routine work & ways to control/improve these. It will help them in getting a commercial eyesight for their work.
Interpret crucial financial data
Understand value, performance & cost equation in work context
Understand cost behind common activities
Develop a commercial eyesight for work
Q & A
What is the programme duration?
You may choose from the following durations.