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03-29-2014, 06:57 AM
Post: #1
[GET] Seeing the Big Picture: Business and Financial Acumen Training
Seeing the Big Picture: Business and Financial Acumen Training
[code]https://www.udemy.com/seeing-the-big-picture/[/code]


[i]Possessing business acumen won't make you, or anyone else, a great leader – but without it, you will never become one.[/i]



[b]By the end of this course you will:[/b]


[list][*]Use the 5 Business Drivers (Cash, Profit, Assets, Growth, and People) to understand how companies make money[*]Develop a working knowledge of financial statements[*]Consistently make the right strategic bets for your company[/list]

Whether you are currently working for a company, own a company, or
looking to start a company, you need business acumen. Especially when
the stakes are high and when the right decisions, made at the right
time, will strengthen your company and your career in the long run. We
are not interested in turning you into an accounting genius, but we are
very interested in building your business confidence.



[b]Why Business Acumen?[/b]



[i]Ninety percent [/i]of business professionals don't understand
important business metrics, and those who do, have a hard time
explaining the numbers to those who don't. What they're both missing is
business acumen.



At its heart, "business acumen" means knowing how your company makes
money and making better decisions around the money you make, no matter
your role.



A company that doesn't know how it makes money isn't likely to make more.



So how does your business make money? The answer to this question isn't
simple. Are we talking about cash or profit? Do we mean relative to last
year, or relative to competitors? Are we making more money than we owe?
Where is the money coming from and where is it going? Are we making
money slower than we used to, and if so, why?



To find answers and improve career opportunities, savvy leaders focus on
5 critical Business Drivers: Cash, Profit, Assets, Growth, and
People.



The first three drivers appear on the financial statements: The Income
Statement (Profit), The Balance Sheet (Assets), and The Statement of
Cash Flows (Cash). Growth is the goal of every company and People is how
you make it all happen. But understanding your company's financials is
only the beginning.



Next, you need to apply that understanding.


[code]?couponCode=REDDIT[/code]
03-29-2014, 07:57 AM
Post: #2
RE:
Thanks a lot
03-30-2014, 02:00 AM
Post: #3
RE:
thank you very much
03-30-2014, 02:50 AM
Post: #4
RE:
thanks rep added




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