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Course Description

Participants get an overview of how their whole organization functions and makes basic financial decisions in a simulated environment. Participants will be able to generate improvement activities for a fictitious company and see how their decisions affect the bottom line. Materials will be included.

Course Outline

  1. Simple Rules of Business Finance
  2. Financial Statements 

a. Balance Sheets

b. Profit & Loss Statements

c. Cash Flow Statements

  1. Basic Financial Metrics
  2. Ansoff Matrix Strategic Planning Tool
  3. The Importance of Velocity in the Making of Products or Services
  4. Working Capital
  5. How Different Types of Improvement Projects Can Improve Cash Flow & Profitability

 

              

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