Profit
and Cash
Printable
Brochure
Cambridge Consulting has recognized a critical emerging need of many
organizations today as developing a workforce that is business literate.
They want workers to think and behave more like business owners rather than
employees. Helping a workforce to develop a sense of urgency and ownership
requires that employees understand how their daily decisions and activities
impact an organization's expenses, cash flow and profitability. A
major obstacle for a workforce to "think like an owner" and
effectively contribute to the bottom line is a lack of understanding the
financial terminology and measures that organizations are evaluated on.
Most of us understand how to read a thermometer or odometer and how to respond
accordingly. However, as employees, how many of us understand the
importance of key measures found in financial reports and how our jobs impact
those measures? Profit and Cash, developed by Capital
Connections, is a half to full-day training program on business financial
literacy. Profit and Cash utilizes a game and accelerated learning
approach where employees at every level will understand essential financial
concepts and tools as well as organization-specific financial measures.
The unique business game experience utilizes an interactive team approach as
participants "run their own company". Participants will see and
comprehend the "big picture" of making decisions that drive the
success of their company.
| Purpose:
To increase participant's business knowledge so they
understand the financial objectives of their organization and how best to
contribute to them. |
| Learning
Objectives: |
- Define
basic financial terminology and business concepts
- Understand
financial statements (e.g., income statements, balance sheets and cash
flow statements) and what they measure about a company
- Understand
how key financial ratios (e.g., EBITDA, EVA, ROA, ROE, etc.) are
calculated and interpreted in terms of their effect on the
organization and shareholder value
- Increase
understanding of why different business decisions are made and the
financial ramifications
- Connect
day-to-day activities and decisions to the company's financial
performance of the company
|
| Duration:
Four to
eight hours
|
| Target
Population: Profit
and Cash is for any employee of an organization needing to understand
the business and finances of their company.
|
 |
|
Learning Methods: A
simulation, case studies, organization-specific exercises and scenarios
are used. Profit and Cash has two standard versions in
manufacturing and service. Customized versions exist for the
industries of avionics, banking, energy, insurance, non-profit, retail,
steel and telecommunications. |
"Profit and Cash is the finest, most flexible
financial literacy tool we have ever experienced. It addresses the
critical factors that must be in place to support and sustain business literacy
in today's business environment."
Jerome Harris, Senior Managing Director
American Express
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