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Great News!

Summit Advisors' President recently returned from Buenos Aires, Argentina; Lima, Peru; Johannesburg, South Africa; and Kingston, Jamaica where he was consulting with companies on strategic planning. He also conducted various three-day management workshops for companies on Executive Leadership and Improving Managerial Skills. He will be returning to Argentina and San Paulo, Brazil in a few months.

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Management Consulting  *  On-site Training & Development  *  Executive Coaching  *
 
 

Fundamentals of Finance for Non-Financial Managers

Course Outline

Understand Language of Finance

Understand Generally Accepted Accounting Principles

Interpreting your company's financial signals

Financial Statement Analysis

Reading and Understanding Financial Reports

Financial Business

Evaluate Return on Investment

Measures and Counter Measures

Who should attend:

Non-Financial Executives or managers in all functional areas, industries and organizations, both public and private sectors.

Objectives

  • Learn how to see your business in terms of dollars-and-cents decision options

  • Be able to read the balance sheet

  • Lead or manage depending on financial indicators

  • Understand the various financial indicators and how they tell your past, present and future performance

  • Learn how to manage cash flow

  • Learn how to calculate return on investment

  • Enhance working relationships with financial professionals

  • Reduce the risks in decision making

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Strategic Planning

It’s that time of year to begin reviewing your strategic plan. If you have not yet developed a strategic plan, now is the time to commit.

Below are five questions to consider, developed by Peter Drucker, as an effective way to begin strategic planning.

What is your mission? Why does your organization exist in the first place? What are you trying to accomplish for your customers?

Who are your customers? Describe the organization you wish to satisfy with your actions.

What does your customer value? What is it that you do especially well that you are uniquely suited to provide to your customers? How can you exceed the standards set by your competition?

What results are you trying to accomplish? How do you measure success?

What is your plan? How do you go about satisfying your customers and getting the results that are most important?

Summit Advisors can help facilitate your strategic planning process.

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