FNCE0012 - Mastering Financial Decision Making: Strategies for Increased Performance and Profitability
Topics
- Analyzing Real-World Scenarios: Tackle in-class case studies that present real-world challenges, requiring you to identify potential solutions and make informed decisions.
- Understanding Key Financial Metrics: Grasp the intricacies of the income statement, including cost of sales, selling, general and administrative expenses, gross margin, operating income, and the distinction between profit and cash flow.
- Driving Profitability: Learn the importance of managing fixed and variable costs, conduct breakeven analysis, and understand operating leverage to identify different paths to profitability improvement.
- Making Cost-Effective Decisions: Distinguish between sunk and opportunity costs, and apply differential analysis to enhance your long-term outlook.
- Optimizing Capital Budgeting: Learn to use the internal rate of return, payback period, and net present value investment analysis methods and make impactful investment decisions resulting in increased cash flow.
- Evaluating Product Lines: Determine pricing levels and assess the profitability of product lines to inform your strategic decisions.
- Deciding on Outsourcing: Make informed decisions regarding the operational and financial aspects of insourcing versus outsourcing.
Learning Outcomes
By the end of this program, you will be able to:- Optimize Cost Structure: Understand your company’s cost structure and how operational decisions impact profits and cash flow.
- Set Pricing Strategies: Determine optimal pricing levels based on reliable data to maximize profitability.
- Invest Wisely: Make sound capital budget investment decisions that positively impact operations, cash flow, and profitability.
- Evaluate Outsourcing Options: Make informed decisions regarding outsourcing production and services.
- Assess Product Lines: Evaluate the profitability of product lines and develop actionable strategies.
- Make Informed Decisions: Analyze needs, identify potential solutions, and make decisions based on a thorough evaluation of criteria and consequences.
Who Should Attend
Managers and directors of departments who are responsible for organizational or departmental profitability.
Join us and unlock the power of strategic financial decisions to drive your organization's success.
Corporate Executive Education Packages
Package Pricing: 1 class day per participantApplies Towards the Following Certificates
- Emerging Leader Certificate : Electives
- Women in Leadership Certificate : Electives