Booking options
£1,068
£1,068
Delivered Online or In-Person
You travel to organiser or they travel to you
Loughborough
2 hours
All levels
This course will provide an opportunity to begin to understand what commercial and financial awareness means and the importance of everyone in thinking commercially.
4 x 4 Hour Sessions £1,068.00 incl. VAT
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This course will provide an opportunity to begin to understand what commercial and financial awareness means and the importance of everyone in thinking commercially. We will examine the key tools and techniques to analyse our commercial position in order to make the right commercial decisions. We will also examine the key financial processes and terminology to increase your confidence and competence when dealing with the financial aspects of your role.
Available as private Face to Face and virtual sessions (max 12 delegates) - £3,490 Plus VAT
Objectives
Define thinking commercially within BT and describe the key skills and qualities required
Understand the importance of Strategy and describe how you help deliver the strategy
Examine the key commercial awareness tools to analyse the business and the external environment
Understand and describe the key financial principles that underpin how finance is conducted within organisations
Describe key financial terms and jargon and state how they apply
List and explain the elements of the financial statements
Describe the factors that would positively and negatively affect the financial results and how you could add value
Understand the different approaches and types of Budget
Topics
Thinking commercially
Understanding the commercial environment
Key commercial thinking tools - SWOT, PESTLE, Porter's 5 Forces
Business cycles
Principles and Jargon
Financial Statements: Balance Sheet and Profit & Loss
Analysing Financial Reports with Ratios
Using Financial Information for Forecasting and Decision Making: Costing, Planning and Budgeting
Action Plan