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This is a bundled training package. It contains training for each of the bundled items below:

Course Price
Thinking Like a CFO: Mind-set and Financial Priorities $74.95
Thinking Like a CFO: Making Financial Decisions $74.95
Thinking Like a CFO: Preparing and Presenting a Business Case $74.95
Thinking Like a CFO: Managing Risk $74.95

Bundle Price: $169.00
Total Savings: $130.80

Thinking Like a CFO: Mind-set and Financial Priorities

Effective management of your departmental operations in terms of productivity, efficiency, and quality is important, but it's no longer enough to ensure success. You must also ensure you align your decisions and departmental activities with your organization's financial goals. You can do this by investing your resources profitably, maintaining a healthy cash flow, and managing your business risks adequately. Thinking like a chief financial officer, or CFO, in your everyday decision making and management can help you achieve these goals. Adopting a CFO mind-set will give you a better understanding of your organization's financial priorities and assist you in getting your CFO's buy-in for your budgets, project plans, and proposals requiring investment. This course provides some basic tips to get you started thinking like a CFO and explains why it's important to have that perspective. It then details the various responsibilities of CFOs in organizations to help you understand their viewpoint. The course then presents a practical outline of how CFOs pursue three of their basic priorities: managing costs, supporting revenue growth, and managing cash flows in the organization. Understanding how CFOs accomplish these priorities can help you achieve your departmental goals more effectively.

Learning Objectives
  • Identify the value of adopting a CFO mind-set
  • Recognize appropriate actions to help you think like a CFO
  • Recognize what CFOs do in organizations
  • Recognize how cost structure affects CFO decision making
  • Use CVP to calculate sales required to achieve a desired profit
  • Recognize ways of effectively managing cash in an organization

Thinking Like a CFO: Making Financial Decisions

Thinking like a CFO gives you a better understanding of your organization's strategic plans, its operational priorities, and the impact of those priorities on your department. Making decisions and managing your day-to-day operations with a CFO mind-set can also help you get your management's support for financial plans, investment proposals, and funding requests. At a more operational level, many of your decisions and managerial activities related to budgeting, managing payables and receivables, incurring incremental costs, and making purchase decisions can benefit from a CFO perspective. This course presents some examples of how a CFO perspective is applied to many of the activities and financial decisions you make in your area of business on a daily basis. It presents some guidelines for functional managers for creating budgets, and best practices that may contribute to reduced working capital needs. And it teaches you how your request for incurring an incremental cost or making a buy or lease decision could be evaluated from a CFO perspective.

Learning Objectives
  • Identify guidelines for functional managers when creating budgets
  • Classify techniques for effectively managing components of the working capital equation
  • Determine if incurring a step cost is possible for a company in a given scenario
  • Decide between leasing and purchasing in a given scenario

Thinking Like a CFO: Preparing and Presenting a Business Case

Applying CFO thinking in your business decisions and departmental activities helps you align them to your organization's goals. It also helps you get senior management's support and approval when you present your budget, marketing plan, and proposals requiring purchases and funds. As a functional manager and departmental leader, you often need to make a business case for your requests for more resources and funds to the senior management. As several departments often compete for the same resources and budget allocations, your ability to prepare a strong business case and present it effectively becomes critical to your success. This course teaches you how to apply a CFO perspective in preparing and presenting a business case. You are walked through the typical steps for developing and presenting a business case. A key step is to analyze alternative solutions to the issue you’ve identified, and this course shows you how to use various financial metrics – payback period, net present value, and risk analysis – to decide between alternative possibilities. Next, you're introduced to a template for structuring your business case for best effect. Finally, the course demonstrates how to strengthen your case by anticipating the kinds of questions that management is likely to ask.

Learning Objectives
  • Identify the types of activities that are involved in defining the business issue and identifying alternatives
  • Decide between investment options based on payback period technique
  • Decide between investment options based on the NPV method
  • Decide between alternative proposals based on risk analysis
  • Match types of statements to where they belong in a business case
  • Anticipate questions a CFO might ask in response to a business case presentation

Thinking Like a CFO: Managing Risk

Thinking like a CFO means you're not just concerned about productivity and efficiency, but also about your organization's long-term financial health and sustainability. One way you express that concern is by how you deal with your department's financial, operational, and compliance risks. If you approach these like a CFO, your decisions will be more in line with organizational goals, and you'll be more likely to win senior management's support for your department's risk management plans. This course introduces you to a process for managing regulatory and financial risks in line with CFO priorities. It begins by focusing on general actions you can take to support CFO priorities for risk management and compliance. It then presents a method for identifying and categorizing risks your department could be facing. Next it teaches a ranking technique for prioritizing risks. Finally, it suggests an approach to developing a risk response plan for departmental risks.

Learning Objectives
  • Identify actions to take to support CFO priorities in relation to risk management and compliance
  • Describe the benefits of managing risk and ensuring compliance
  • Recognize how to identify risks faced by your department
  • Use a ranking technique to prioritize risks
  • Focus on the right factors when developing a risk response plan
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Thinking Like a CFO e-learning bundle
  • Course ID:
  • Duration:
    4 hours
  • Price: