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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.
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
Prework for this course should be completed one week in advance and brought to class.
Leaders at all levels�vice presidents, directors, managers, and supervisors