In an organization work activities revolve around equipment, people and procedures to meet timelines and financial budgets. Work is not simply accomplishment and meeting deadlines. It is about being efficient in terms of cost and time and customer satisfaction. As artificial intelligence and robotics are rapidly advancing, employees that remain in the organization are increasingly expected to work independently, establishing priorities, identify constraints and solve work problems. This capacity to manage work differentiates managers and supervisors from other staff and employees.
+ (603) - 2116 5926
| Subject | Description |
|---|---|
| Objective | Financial intelligence at the leadership level of a business organization is uncompromised. Decisions on investments and operations have financial and cash flow impact. Low ROI, weak cash flow and rising costs are sometimes due to poor understanding of the financial relationships between the variables. This programme is aimed at addressing that and to empower the executive or manager in managing the organization with better financial understanding. |
| On Completion | The executive and manager will acquire a foundation for understanding the financial outcomes and for making judgement or decisions. With this foundation, he or she can also formulate policies, review and monitor the results. |
| Methodology | This programme uses self-reflection, personal discovery and workshops, all assisted by the instructor to deepen the understanding and to develop financial thinking. Individuals can undertake self-learning on request. |
| Audience | Executives and managers seeking senior management roles will undoubtedly benefit from this. Financial intelligence will also serve to empower any executive in the current condition. Financial responsibility always remains, it cannot be outsourced. The same goes for financial intelligence. |
| Duration | 2 days or equivalent of 16 hours |
| Code |
FA032 |
COURSE CONTENT
| MAIN COURSE CONTENT | SUMMARY DESCRIPTION |
|---|---|
| CORPORATE RETURN ON INVESTMENT |
|
| BUSINESS COSTING, PRICING AND PROFITABILITY |
|
| FINANCIAL RISKS AND POLICIES |
|
| FINANCIAL PLANS, BUDGETS & OUTCOME |
|