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This course outlines essential strategies for monitoring, controlling, reviewing, and evaluating financial activities to ensure organisational stability and growth. Learn to use data collection, financial metrics, key performance indicators (KPIs), and other tools to oversee finances, manage cash flow, and drive performance and profitability improvement.
Our ready2manage titles focus on the specific skills required to manage operational functions. From strategic decision-making and performance optimisation to risk management and financial awareness, courses in this range target the evolving needs of aspiring to seasoned managers.
Use tools like the Balanced Scorecard to track metrics and ensure financial activities align with organisational goals. Implement key performance indicators (KPIs) and financial ratios to monitor financial health. Stay alert to sinister indicators that may signal potential issues, ensuring timely interventions. Establish clear expectations and accountability mechanisms to foster a culture of financial responsibility and continuous improvement.
Topics include: Monitor, Control, Review, and Evaluate Finances: Collecting Data - Metrics - Balanced Scorecard - Budgeting - Accountability - Ratios - Monitoring - KPIs - Sinister Alerts - Process Improvements - Expectations - Process Improvements.
