Using Financial Opportunities, Detecting Risks

You will learn an easy-to-understand and proven method to help you recognize when a decision will affect company finances in a negative way and to avoid making that decision. 4 + 1 days.

Overview

CONCEPT

Much of what is decided in a company has a major effect on the company‘s financial position and its financial results. Many of these effects are not apparent at first glance. A portfolio expansion makes sense if the customer wants it. Really? Did you consider that an expansion of the portfolio almost always drives costs up? Capacity expansion is logical when capacity limits have been reached. Really? Did you consider that new capital investment raises capital intensity, and profitability can suffer when only the smallest of problems occurs, like a downturn in the economy or industry over-capacity? The danger with financial mistakes is that once they become known they can hardly be repaired. This in turn means that with every strategic decision, you have to think-through all of the possible consequences that could lead to negative financial results. It doesn‘t matter whether it‘s a question of development, production, logistics, purchasing; or questions concerning marketing, sales or distribution or even human resources – the financial aspect has to go hand-in-hand like a red flag in decisions of this sort. Increasing unnecessary fixed costs is easier than struggling to lower them later accompanied by social problems. Purchasing externally from the very start, instead of manufacturing something yourself, helps you avoid having to create a program for making your costs more flexible at a later date. When creating processes it‘s a good idea to think early about costs, transparency and process costs. It will help you avoid having to come up with a process-cost reduction program at a later date. Using capital sparingly means you will not have to reduce capital intensity at a later date.

WHO SHOULD PARTICIPATE

  • Executives from all areas of a company who want to be able to recognize the consequences their decisions – about technology, development, sourcing, IT, production, marketing, sales, distribution, logistics or human resources – can have on the financial position and financial results of the company
  • Decision-makers from all areas of a company and from all positions, whose goal it is to recognize the consequences of his or her own decisions on financial objective-achievement. This seminar will help them avoid at an early stage decisions that can lead to poor financial results

TOPICS TO BE COVERED

Always have an Eye on Financial Goals and Results

  • How executives in all areas and in all positions should include financial goals and results into their own decisions

How Company Finances Relate to Everything a Company

  • How corporate management and financial management are interrelated
  • How strategic decisions affecting company and business strategies can dramatically change financial key-performance indicators (KPIs)
  • How decisions about research, development and innovation are reflected in financial results
  • What effects do decisions about marketing, sales and distribution, logistics, service and customer management have on financial results

Learning the right Method

As a non-specialist in the field of financial management, you will learn an easy-to-understand and proven method to help you recognize when a decision will affect company finances in a negative way and to avoid making that decision.

PART 2: PRIVATE COACHING

One day in a private, individual session at our Executive Center in Zurich. It lets you come up with ways to implement your new ideas in company-specific measures. Can be taken alone or with a max. of 2 other decision-makers from your company (included in fee). Date and time upon request.

Key details

ZN5510

Language
Deutsch
Date
Part 1: 09.03.2020 - 12.03.2020, Berlin
Part 2: 31.12.2020 - 31.12.2020, Küsnacht/Zürich
Fees
CHF 6'900.- / EUR 6'400.- Excl. VAT, invoicing in Euro possible (depending on current exchange rate)

ZN5520

Language
Deutsch
Date
Part 1: 11.05.2020 - 14.05.2020, St.Gallen
Part 2: 31.12.2020 - 31.12.2020, Küsnacht/Zürich
Fees
CHF 6'900.- / EUR 6'400.- Excl. VAT, invoicing in Euro possible (depending on current exchange rate)

ZN5530

Language
Deutsch
Date
Part 1: 19.10.2020 - 22.10.2020, London
Part 2: 31.12.2020 - 31.12.2020, Küsnacht/Zürich
Fees
CHF 6'900.- / EUR 6'400.- Excl. VAT, invoicing in Euro possible (depending on current exchange rate)

ZN5540

Language
Deutsch
Date
Part 1: 07.12.2020 - 10.12.2020, Hamburg
Part 2: 31.12.2020 - 31.12.2020, Küsnacht/Zürich
Fees
CHF 6'900.- / EUR 6'400.- Excl. VAT, invoicing in Euro possible (depending on current exchange rate)
Registration
For registration, please click the link below.

Register here
Registration