Income|Outcome® Blog

Developing Corporate Finance Skills in Non-Financial Managers

Unlocking Organizational Potential: A Finance Director's Journey with Business Acumen Training

A Finance Director shares their journey through business acumen training and how it transformed their approach to strategic decision-making. This post explores the impact of financial literacy on cross-functional collaboration, leadership effectiveness, and unlocking an organization’s full potential.

Income-Outcome’s Business Acumen Training: A Chat with Christian Castaneda

Business Acumen for Finance Professionals: Insights from World Vision Australia's CFO, Gordon Allison

Gordon Allison, CFO of World Vision Australia, shares why business acumen is essential for finance professionals. From breaking down silos to improving collaboration with sales, see how business acumen training transformed his team—and why ongoing learning is key to long-term success.

A Pressing Dilemma in the Healthcare Industry

Bemus Landscape Case Study: How One Family-Owned Business Exceeded Business Acumen Expectations In Less Than 2 Days

4 Things All Employees Should Know About the Company Where They Work

Every employee contributes to a company’s financial health—whether they realize it or not. Zingerman’s 10 rules for engaging employees in finance align with Income|Outcome’s philosophy: business acumen should extend beyond leadership. From understanding financial reports to differentiating profit from cash, this post highlights four key financial concepts every employee should know.

3 Reasons the CFO Should Drive Business Acumen Training

The Difference Between Cash and Profit

How Much Financial Acumen Do Lawyers Need?

How to Rapidly Respond to Changing Conditions in Your Industry

Keep Up Employee Training Programs in a Down Economy

Cutting costs in a downturn is necessary—but cutting training may cost more in the long run. High performers leave when they feel stuck, and undertrained employees can’t drive profitability. Here’s why investing in training is a strategic move, even when budgets are tight.

Business Success Involves More Than Asking the Right Questions

Decision-Making and Speed of Change in the Gulf Countries

In the Gulf region, decision-making can be slow and full of endless negotiations. But once a course of action is set, change happens at an unbelievable pace. The key? Having someone in charge.

Decision-making - it's a business acumen competency (2 of 4)

Strong decision-making requires good information—but how do you ensure you get it? It comes down to business literacy, holistic thinking, and a strong decision-making culture. See how the Income|Outcome simulation helps teams understand the cross-functional impact of every decision.

Decision-making - Speed and accuracy of information (1 of 4)

The fastest, most accurate flow of information is the greatest competitive advantage in business today. Without it, even the best decision-making skills are useless. Three client stories reveal what happens when companies get it right—and when they don’t.

Decision-making - Broadening the information base (3 of 4)

Why do even experts make poor decisions? A study by INSEAD researchers Lobo & Yao found that overconfidence, narrow focus, and lack of experience all play a role. Learn how to improve decision-making through broader data, financial literacy, and experiential learning.

Decision-making - Choosing between conflicting forecasts (4 of 4)

What do you do when your team has conflicting forecasts? A study by Lobo and Yao analyzed 20,000 predictions and found a formula for accuracy. Learn how to make better, data-driven business decisions using business literacy, acumen, and structured processes.

Business Acumen: Disruptive Technologies and Innovations

Disruption isn’t just about technology—it’s about business acumen. Companies that understand financial realities, decision-making, and operational execution don’t just survive disruption—they lead it. Here’s why strong business fundamentals are the real competitive advantage.

Business Acumen - fearless with finance

EBIT vs. EBITDA: Which Tells the Better Story?

EBIT and EBITDA are both used to measure operating performance—but they aren’t the same. Learn the difference, when to use each, and what they really tell you about a business.

Cost Structure: Direct, Indirect, and the Space Between

Learn how to distinguish direct and indirect costs—and why business decisions depend on getting it right. Includes examples and a practical framework.

CTL: Return On Sales

Apply Return on Sales (ROS) to your own business with this hands-on exercise. Compare your performance, analyze key drivers, and set improvement goals using real-world data.

Calculator: Cash Conversion Cycle (CCC)

Use our Cash Conversion Cycle (CCC) Calculator to measure how long it takes to turn inventory into cash from sales.

CTL: Cash Conversion Cycle

Learn how to calculate and compare the Cash Conversion Cycle (CCC) for your company and competitors. Use our interactive table and calculators to analyze DSO, DIO, and DPO, and see how cash flow efficiency impacts business performance.

CTL: Analyzing Your Company’s Cash Flow Statement

Learn how to analyze your company’s cash flow using real-world financial data. Understand what cash movements mean for business decisions.

Semi-Variable Costs: When Costs Don’t Fit Neatly

Not all costs are purely fixed or variable—some have elements of both. Learn about semi-variable costs, including stepwise (Type A) and base-plus-variable (Type B) costs, and why they matter for budgeting, pricing, and financial planning.

Understanding the Cash Conversion Cycle

The Cash Conversion Cycle (CCC) is a key financial metric that measures how long it takes a company to turn investments in inventory into cash. This post breaks down the components of the CCC—inventory turnover, accounts receivable, and accounts payable—and explains why optimizing it is crucial for business success.

What is the Statement of Cash Flows?

Business Acumen: Understanding Direct and Indirect Costs

Return on Sales (ROS): How to Measure and Improve Profitability

Learn how Return on Sales (ROS) measures your company's profitability and efficiency. Understand the Triangle of Ratios and how ROS connects to Asset Turnover and Return on Assets (ROA) for a complete financial picture.

What is a Balance Sheet?

What is an Income Statement?

Learn the basics of an income statement, its components, and why it’s essential for understanding a business's financial health.

What is Gross Margin?

Gross margin is a key financial metric that measures the percentage of revenue left after direct costs. Many companies define it differently, leading to confusion. This post explains what gross margin is, how to calculate it, and why it’s essential for business viability. With clear examples and practical insights, this guide helps employees understand how their actions impact a company’s financial health.

What is Days Sales Outstanding?

DSO measures how long it takes customers to pay after being invoiced. Learn how to calculate it, why it impacts cash flow, and how reducing it can improve your business.

Business Acumen: Supply and Demand in action

Supply and demand isn’t just theory—it’s reality. When demand surges, prices rise, whether it’s for products or labor. The oil boom in Williston, North Dakota, is a perfect example. In Income|Outcome, participants experience these dynamics first-hand—before encountering them the hard way.

How to Pitch Employee Engagement to the CFO

Learning Styles and Visualization

4 Reasons Your Company Should Use Games to Drive Adult Learning

Fresh business acumen for the Finance Manager

Business Strategy Games and the "Just Do It" Principle

What Type of Year Was it for Your Company’s Training Programs?

Prioritizing Learning and Development Activities - How Do You Do It?

Stealth Learning: The Aha! Moments That Stick