Finance for Non Finance Managers

Aims Of The Programme

Finance is not something that is separate from the day to day activities within a business; each decision that is made within the organisation has a financial impact.

There is a direct link between everyone in the business and the financial well being of the organisation. Basically each person within the business is impacting the finances in some way.

Target Group

For this reason a financial awareness programme is ideal for a wide range of people, for example, from:

• Senior managers to first line supervisors

• Graduate inductees to employees with long service

• Front line sales staff to those in support roles

Developing a thoughtfully put together programme pays dividends in terms of personal knowledge, changes in attitude and a tangible improvement in organisational performance.

Methodology

So much finance training can be dull and boring. We make this subject lively, fun, interesting and above all relevant by:

• Drawing learning from day to day events within the business

• Allowing participants to directly reflect on the organisation and the job they do

• Incorporating high levels of interactivity, for example:

• Running light hearted but focussed business games

• Using live company data where possible

• Providing realistic case studies

• Cutting out the jargon and keeping things simple

• Encouraging group work

• Catering for different learning styles and providing multi sensory input

Each programme we run is designed specifically to meet our clients’ individual needs. The content will ultimately depend on things such as the industry that the client operates in; the roles delegates undertake and the specific issues the business wishes to address.

The example content areas detailed below are provided for illustration purposes and give an indication of the topics typically covered in many of our financial awareness programmes.

Why finance is important. Establishes the link between shareholder value, the business and finance

Risk and shareholder expectations. Explores the nature of risk, how this is measured by shareholders and how this impacts decisions made within the business

Finance and the wider environment. Considers the factors that need to be taken into account when making commercial decisions

The financial statements. Understanding what a balance sheet, profit and loss account and cash flow statement are,and how the statements impact on each other

Financial analysis. Understanding the concepts of analysis and exploring the usefulness of financial analysis in decision making

How you impact the financial statements. Explores the responsibilities delegates have. It establishes how the day to day actions undertaken by delegates impact on the bottom line profit, and thus shareholder value

Budgeting and control. Establishes why budgeting is important. Understanding the main stages in the budgeting and monitoring processes

How you can make a difference. Investigates how delegates can put their learning into action back in the work place

This list is not exhaustive so please talk to us if you don’t see what you are looking for.