European Chamber is pleased to offer a high quality training on Finance for Non-Finance Managers. The trainer, Dr. Laurenz Awater, coming for the first time to Nanjing for the EU Chamber, is General Manager of INNOVA Management Institute, a training company known and proven by EU Chambers in Shanghai for organizing high-level executive workshops for expat managers.
Business simulations are among the most effective training methods for business management courses. The learning-by-doing approach provides a live experience of business management, based on a comprehensive model of a manufacturing company. Participants take their own business decisions, see the economic impacts of their activities and thus realize their personal contribution to their company’s economic success.
Employees who think entrepreneurially and understand the financial relations and value streams within a manufacturing enterprise, are the basis for long-term success of a company. This board-based simulation provides for a risk-free learning-by-doing environment ideal for participants to learn the basics of finance and accounting through simple but increasingly challenging exercises. After completition of this training learners know how to fill
- P&L Accounts
- Balance Sheets
- Key Performance Indicator Sheets and how to make Cash Flow Statements.
They have learnt to
- interpret a balance sheet
- identify attack points for performance improvement and
- how to increase liquidity and profitability.
Learning benefits include
- Strengthening entrepreneurial thinking among participants
- Reinforcing thinking toward overall company goals
- Understanding the basics of finance and accounting
- Making financial statements and balance sheets
- Learning to speak the language of finance
- Comprehending the interdependency of production, supply and distribution
- Understanding key performance indicators and how to influence them.
Course Agenda
09.00 – 09.30 Registration and Welcome
09.30h – 12.00 Part One: Introduction
12.00 – 13.00 Part Two: The 1st Business Year, Group Discussion
13.00 – 15.00 Lunch Break
15.00 – 15.15 Part Three: The 2nd Business Year, Group Discussion
15.30 – 17.00 Part Four: The 3rd Business Year
17.00 – 17.30 Part Five: How successful was the 3rd Business Year?
Registration: Please kindly register with Ms. Angela Fang at nanjing@europeanchamber.com.cn before 16th December