Econowise - The Centre For Excellence

Start Date:2012-08-01
End Date:2012-12-31
Event Type:Finance Seminar
For:

Finance managers

Event Details:

                                                                         ECONOWISE
                                                                         Conducted by

                                                               The Centre For Excellence
 


Introduction

 

Managers from all functions increasingly feel the need to understand the money flow into, within and outside the company, especially in a rapidly changing environment that we find ourselves in.

 

Financial acumen is no longer restricted to the finance department of a company. Sensitivity and alertness to Profitability, shareholder interest, margins and costs is expected out of every functional manager. 

 

The program is designed to deliver the same. Post the program, the participant will be able to understand the basics of Finance. It will also enable them to convert data available into decision making information. Moreover it empowers participants to measure efficiency of employees thro the financial yardsticks like contribution margins & inventory management. 

 

The Decision Makers will be enabled to evaluate credit period implications, loan/lease proposals and manage risks by calculating contingency funds. 

 

Objective 

To enable the participants to:- 

  • Have a clear understanding of relevance of finance to their own function
  • To realize that managing money is very much in their domain
  • To connect their actions to broader financial picture of the organization
  • To understand the need of being alert to changes in business environment proactively
  • Realizing significance of competition and hence having a strategy


Contents 

  • Understanding your Business
  • Why profits are essential
  • Money flow in the economy
  • Importance of credit period and collection of Out standings
  • Understanding Inflation, GDP & Interest rate co-relation
  • Understanding financial statements
  • Contribution Margins and decision making
  • Implications of inventory holding
  • Working capital management
  • Managing cash flows 

 

Methodology

The workshop is interactive, participative and experiential.


If you need details of this or any of our programs do let us know and we will be happy to send the same to you. 

 

To view the list of 120 In-house training programs conducted by International Trainer, Nikhil Desai & other trainers of The Centre For Excellence clickhttp://www.cexcellence.com/workshops.html

We look forward to hearing from you regarding your training requirements for this program.

 

                                                           The Centre For Excellence 

          Phone: +91 22 2265 0838 / +91 22 2265 3577 / +91 22 3020 7777 Fax: +91 22 2264 1425

                              Email: training@cexcellence.com Web:www.cexcellence.com

 

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