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Better business minds for better business decisions |
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Target Audience People making decisions that impact sales and operations
- individual contributors, team leaders, and supervisors.
Finance for Everyone teaches
the pieces of a business and how they fit together, and
clarifies what the business needs in order to be healthy. Learners
make interlocking decisions in all the major areas of a
business, then review and defend their results.
Finance for Everyone requires
constant decision-making -
what prices to set, whether to increase capacity, how much
money to borrow, what R&D to pursue, and how to improve
prices, cost structure, and cash flow. It models
the real world, giving learners the opportunity to make decisions
in one area and see a clear view of the impact throughout
the organization.
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Business Visualization
A company manages separately
for cash and profit. The
Income/Outcome simulation board
separates these concepts into two distinct but related
flows of activity. Understanding cash flow is one
of the most powerful aha! moments achieved by learners.
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Learning begins with the Income/Outcome simulation
board and the modeling of simple financial statements for use
in tracking the position and performance of a company. Teams
take control of their business by taking the initiative on pricing,
capacity, marketing, borrowing, etc. The decisions made
in one department impact the ability to make good decisions in
other departments; and every decision made by a competitor impacts
a team’s positions and results. Every learner experiences
a universal business truth - each decision they make impacts
the company in three areas: other departments, the ability
to make future decisions, and the company’s bottom line
results.
Develop
the business acumen of your employees. Ensure
they can:
- Take initiatives in everyday activities leading to reductions
in costs, inventories, and working capital
- Work creatively with customers and suppliers, and look
for profit opportunities
- Understand how and why their everyday decisions
and actions impact other areas of the company
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Benefits of Finance for Everyone for your employees:
- Develop a big picture understanding of the needs of the
business
- Better able to take appropriate initiatives
- Communicate rapidly and effectively with other departments
- Increased communication up and down the management hierarchy
- Greater sense of involvement
A complete program runs in 8 hours. This includes
a business visualization module based on The Company Board,
our proprietary presentation of your company’s current
financial position. This module connects the
classroom learning to your real-world business. Programs are
presented by our certified facilitators or yours (trainer certification
available).
This program fits seamlessly with other Income/Outcome offerings. Use
the complete family of simulations to build organizational alignment
through the development of a common language and shared understanding
of business.
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