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Building your Business IQ

Exclusive – Deepen business and financial acumen by learning and applying clear and practical business models and business terms.

GK# 4515

Course Overview

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In today’s complex business environment, leaders are faced with making decisions every day about how to maximize their time, productivity, and achieve business results. Making good decisions requires not only effective time management and judgment but also an in-depth knowledge of your organization’s business model and strategy as well as the ability to understand how you contribute to the bottom line. The challenge is that most leaders lack the business understanding required to make decisions from a business perspective.

Schedule

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  • Delivery Format:
  • Date:
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$

What You'll Learn

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  • Use a nine-part template to describe your organization’s business model
  • Understand your organization’s Strategic Planning Process and Key Performance Indicators (KPIs)
  • Apply financial ratios to better understand how the organization is achieving their strategic goals
  • Depict the connection between high-level strategic goals and business unit and individual performance goals
  • Read financial statements and determine their meaning

Outline

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Viewing outline for:

Classroom Live Outline

Introduction

 

1. Business Literacy

  • The Business Model
  • The Strategic Planning Process
  • The Strategic Vision Framework
  • The Balanced Scorecard and KPIs

2. Financial Acumen

  • Financial Statements
  • The Balance Sheet
  • The Income Statement
  • Cash Flow Statement
  • Financial Ratios

3. Summary

 

Perform Phase

  • Introduction
  • Suggested Activities

Prerequisites

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Prework for this course should be completed one week in advance and brought to class.

 

Who Should Attend

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Leaders at all levels—vice presidents, directors, managers, and supervisors

PDUs

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This course qualifies you for the following PMI® Professional Development Units (PDUs):

Classroom Live and Virtual Classroom Live

  • Strategic and Business Management = 7

Follow-On Courses

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The High Impact Leadership series of courses will help leaders succeed in today’s complex environment and teaches the skills, knowledge, and competencies required to positively impact team performance, contribute to organizational results, and drive innovation to positively impact customers and even their industry.

Course Delivery

This course is available in the following formats:

Classroom Live

Receive face-to-face instruction at one of our training center locations.

Duration: 1 day

Virtual Classroom Live

Experience expert-led online training from the convenience of your home, office or anywhere with an internet connection.

Duration: 1 day

Request this course in a different delivery format.
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