Finance & Performance - Business Management Toolbox

Upon completion of this path, participants will be capable of:

• Acquiring basic knowledge of financial management/planning and performance measurement
• Learning methods: Virtual class / Autonomous learning

• Financial management
  
• • Understanding accounting and bookkeeping entries
    
  • Drawing up a balance sheet and a profit and loss account
    
  • Commenting on one’s balance sheet notes
    
  • Analysing a financial situation
    
  • Knowing the basics of management control
    
  • Assessing an investment or an opportunity
    
  • Budgeting, drawing up a financial plan
    
  • Knowing the main management software suites
    
• Performance measurement
  
• • Difference between indicators for monitoring performance (reporting) and management indicators
    
  • Diagnosis by the participants of their own indicators
    
  • Performance modelling as justification for selecting indicators: the aims and the variables involved
    
  • The two main modelling methods: the Balanced Scorecard (BSC) and the OVAR matrix
    
  • Construction of a performance model using the BSC method (e.g. strategic card) and the OVAR method
    
  • The passage from modelling performance to selecting indicators
    
  • Organising a dashboard of indicators
    
  • Presentation of practical issues involved in creating a dashboard
    
  • Limits of the dashboard

• Executive of small or medium-sized business
  
• New manager who has acquired sufficient experience to be responsible for a team; person with more than ten years’ experience but no initial training in management; needs to cope with new responsibilities, and needs to learn everything about this new role
  
• SME manager in direct contact with the business’s executives
  
• Young manager in a defined career plan within the business who needs to upgrade and prove his/her knowledge in order to be considered for promotion
  
• Employee aiming at a managerial position
  
• Employee with ambitions of promotion who decides on his/her own initiative to train in order to improve his/her skills and prove they have been acquired
  
• Self-employed person whose business has developed considerably over the years, and now has to manage people and unite them in respect of his/her vision
  
• New business manager
  
• Person who has recently been given responsibility for managing a project, activity, budget, etc. within a large organisation
  

At the end of the course, participants will receive a certificate of attendance issued by the House of Training.