In collaboration with:
Description
Objectives
Upon completion of this path, participants will be capable of:
- Acquiring basic knowledge of financial management/planning and performance measurement
- Learning methods: Virtual class / Autonomous learning
Programme
- Financial management
- Understanding accounting and bookkeeping entries
- Drawing up a balance sheet and a profit and loss account
- Commenting on one’s balance sheet notes
- Analysing a financial situation
- Knowing the basics of management control
- Assessing an investment or an opportunity
- Budgeting, drawing up a financial plan
- Knowing the main management software suites
- Understanding accounting and bookkeeping entries
- Performance measurement
- Difference between indicators for monitoring performance (reporting) and management indicators
- Diagnosis by the participants of their own indicators
- Performance modelling as justification for selecting indicators: the aims and the variables involved
- The two main modelling methods: the Balanced Scorecard (BSC) and the OVAR matrix
- Construction of a performance model using the BSC method (e.g. strategic card) and the OVAR method
- The passage from modelling performance to selecting indicators
- Organising a dashboard of indicators
- Presentation of practical issues involved in creating a dashboard
- Limits of the dashboard
- Difference between indicators for monitoring performance (reporting) and management indicators
Target audience
- Executive of small or medium-sized business
- New manager who has acquired sufficient experience to be responsible for a team; person with more than ten years’ experience but no initial training in management; needs to cope with new responsibilities, and needs to learn everything about this new role
- SME manager in direct contact with the business’s executives
- Young manager in a defined career plan within the business who needs to upgrade and prove his/her knowledge in order to be considered for promotion
- Employee aiming at a managerial position
- Employee with ambitions of promotion who decides on his/her own initiative to train in order to improve his/her skills and prove they have been acquired
- Self-employed person whose business has developed considerably over the years, and now has to manage people and unite them in respect of his/her vision
- New business manager
- Person who has recently been given responsibility for managing a project, activity, budget, etc. within a large organisation
Conditions
Course Material
The training material will be handed out at the beginning of the course.
Certificate
At the end of the course, participants will receive a certificate of attendance issued by the House of Training.
Location
L-1615 Luxembourg
Luxembourg
Sessions and schedules
-
Mon 18.11.2024
09:30 to 12:30
3H
Finance & Performance (Business Management Toolbox)
Chambre de Commerce Luxembourg
-
Fri 22.11.2024
14:00 to 16:00
2H
Finance & Performance (Business Management Toolbox) - Debrief
Classe virtuelle
-
Tue 26.11.2024
09:30 to 12:30
3H
Finance & Performance (Business Management Toolbox)
Chambre de Commerce Luxembourg
-
Fri 29.11.2024
14:00 to 16:00
2H
Finance & Performance (Business Management Toolbox) - Debrief
Classe virtuelle
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