The level of exposure to financial risk is a very important indicator of the financial health of a business. Organisations having higher levels of financial risk are particularly vulnerable when there is a downturn in economic activity. During an economic downturn the real-life practical problems and risks faced by us all on a daily basis take on an increased significance. The financial problems faced in an economic downturn may have a critically adverse impact on individual and organisational performance and so it is crucially important to be able to use the appropriate management tools to resolve them and avoid their repetition.
This training course takes a very user-friendly approach to enable participants to identify various forms of financial risk and business risk, use root cause analysis to determine the source of resultant business problems, and then use the tools and techniques of the problem-solving process and identify appropriate actions. The Instructor’s own commercial and industrial experience plus many other real-world business scenarios are shared throughout this seminar to reinforce the use of such tools and techniques.
This training course will highlight:
By the end of this training course, participants will have learned how to:
The business problems faced during an economic downturn have a significant impact on the financial performance of the whole organisation. Business professionals in every role and at every management level in the organisation have a responsibility to ensure that their business skills toolbox includes the ability to identify such problems and to use the appropriate management tools that ensure that they are effectively resolved and are not repeated.
This training course enables participants to identify financial problems, particularly those faced during an economic downturn,and it is suitable for a wide range of participants from companies, corporations and government organisations, and will greatly benefit business professionals and managers working in:
and senior managers and other managers interested in managing financial risk and business risk, root cause analysis and the problem-solving process.
Training methodology includes its presentation in a very user-friendly way to suit individuals with varying levels of financial knowledge and business experience.
The training course will be conducted along workshop principles to ensure the development of transferable skills and knowledge using formal presentations, numerous worked examples, and real-world scenarios. Discussion of current issues, policies and procedures, together with interactive team case studies and exercises, and videos reinforce the application of each of the learning points and topics covered.
Our aim is to make this course an enjoyable learning experience.
We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.
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