The Central Objectives of this programme are as follows:

• Team decision-making in each area.
• Generate financial statements.
• Prepare budgets and forecast cash flow.
• Calculate basic ratios.
• Compare operating income and ratios to that of competitors.
• Implement change and measure results.
• Use ratios and other measurements to identify the "buttons" which drive company performance and behaviour.
• Interpret operating reports and financial reports.
• Prioritize and control costs.
• Target profit opportunities using historical and competitive bench-marking to improve bottom line.
• Better serve internal and external customers.
• See how actions impact other areas of the company.

Designing Approach

Tailor-Made for Your Needs: Solid State Training Solutions works closely with every client as a long-term strategic partner. We conduct pre-training requirements process which includes collecting details of the registered delegates and conducting training needs analysis meetings to align the training solution with the client’s objectives.

Delivery Methodology

• Simulation – providing life-like scenarios through structured learning experiences and to improve business awareness and management skills.
• Role Play – acting-out situations in groups, under the supervision and feedback of a lead coach.
• Presentations, Videos and Video Recording – visual materials to support presentations of theory.
• Games – learning is fun with Solid State Training Solutions! Using a variety of tools and games to emphasize the learning experience.
• Discussions – use two-way communication between the trainer and the trainees to increase learning opportunities.
• Questionnaires – to gather information from the participants, attributed or anonymous, free-form questions and multiple-choice.
• Case Study Analysis – a key tool for such workshops, either individuals or groups review the materials provided to understand a key message and then present their findings to the other participants.

Emphasizing the importance of financial data on the decision-making process, this training course allows non-financial professionals to become better users of financial information so they can be more strategic contributors to their organization.

No matter what your functional background — strategy, marketing, engineering, or operations — you’ll learn concepts around accounting in a straightforward, easy-to-grasp manner, enabling you to use finance instruments to add value when your company makes growth and strategic allocation decisions. The program concludes with a Capstone Case Discussion where you apply what you’ve learned to assess your company’s performance following a financial crisis.

By the end of this course, participants will be able to gain the following:

• Broader skill set.
• Gain better understanding of the key financial elements of Value-Based Management.
• Valuable communication skills. 
• Improved effectiveness in communicating with accounting and finance colleagues.
• Customised application of insights. 
• Review financial statements from your own company or business unit – with the help of our expert faculty.
• New tools and methods. 
• Acquire powerful techniques to aid analysis and decision-making.