It’s been tough out there and you need to be watching two key things - cash flow and costs. Many managers and staff do not understand the financial consequences of the decisions they make but you know that every decision affects the bottom line and your cash flow. Prepare your staff to manage the current situation and to take advantage of the upswing which will come.
Non-financial managers are often frustrated by the language of business. They experience difficulty in coming to grips with the financial aspects of a business problem, or in communicating with financial people like accountants. Managers find it difficult to manage costs if they do not understand exactly what costs are, how they behave and how they have been allocated. All this affects your cash flow.
Financial people use jargon - a challenge which all managers have to overcome – and these workshops will help them.
Understanding of the financial consequences of any managerial decision is vital. So too is sufficient knowledge of the language of business. Give your staff the confidence to communicate with financial people – your own accountants, or clients - on an equal footing.
Investing in my convenient 2-day in-company Finance for Non-Financial Managers workshop. The cost for 7 – 15 people will be less than sending two individuals on a public programme and I tailor the content to suit your needs.
If you recognise a need for developing your team in this area please call me on 27 83 377-1858 or email me at email@example.com for details and a formal proposal.