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Commercial Awareness

in Maguire Training (England)

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2 Days

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Course objectives:

This course is designed to help delegates understand the commercial needs of the business and gain an appreciation of exactly how their role fits into the company matrix. They will also study the effects and consequences that their own decision making has on the bottom line and how this affects business overall.

 

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Course details

Type Course Duration 2 Days
Method / place Contact course provider Inhouse / Classes
Course objectives This course is designed to help delegates understand the commercial needs of the business and gain an appreciation of exactly how their role fits into the company matrix. They will also study the effects and consequences that their own decision making has on the bottom line and how this affects business overall.
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Course programme

Commercial Awareness
Commercial Awareness
Duration: 2 Days
This course is designed to help delegates understand the commercial needs of the business and gain an appreciation of exactly how their role fits into the company matrix. They will also study the effects and consequences that their own decision making has on the bottom line and how this affects business overall.  
Content includes:
  • Examination of customers wants & needs
  • Commercial awareness ~ a definition
  • Sales V's Marketing orientation
  • Strategic business planning
  • S.W.O.T. analysis
  • Strategic options
  • Pareto principle
  • Product life cycles
  • Building closer customer relationships
  • Promotional activity
  • Managing costs
  • Targets and incentives
  • Creative problem solving
  • Decision making strategies
  • Understanding cash flow
  • Producing 'commercially aware' business plan
Associated courses to the above subject include: - Finance for Non-Financial Managers
- Professional Selling Skills
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