Able to understand, present, drive and measure business plans in terms of financial figures.
Understand, present, drive and measure business plans in terms of financial figures.
-Operating managers, in order to be effective and result oriented, should be finance savvy, able to understand, present, drive and measure business plans in terms of financial figures, and communicate in a common ‘business language’ through financial figures. An introductory programme on finance can be instrumental in enhancing the profile of operating managers.
Further, operating managers need to be equipped with a financial decision making tool kit which helps them identify businesses to get into, take pricing decisions, identify areas for cost reduction and take, make or buy decisions.
-In other words, knowledge of ‘finance’ becomes important as it exerts a unifying influence over processes that aim at attaining a company’s goal. The program provides managers with an extensive working knowledge of critical financial principles in an easy to follow manner, so that the knowledge gained can help them take better decisions in their organization.