Business Administration for Non-Financial Managers
This seminar imparts business administration knowledge based on methods and ratios which are applied as a standard feature for the business management at ‘Vorwerk International’:
Focus:
- Key variable for the economic value added (EVA) with driver model and key performance indicators (KPI)
- Correlation between cash flow and asset management
This course connects the participants with the corporate programmes of the client. The aim of the course is to encourage the business expertise of participants and to strengthen the resultsoriented focus of businesses.
Participants:
Specialists and executives in sales, marketing, product management, development and production, as well as in other non-commercial capacities, who require business expertise in their current jobs.
Contents of the seminar:
• Target system of the enterprise
• The tasks of accounting and controlling
• Accounting as a planning, management and control tool
• Correlations between balance sheet and profit and loss account
• Business ratios to measure success
• “Key variable for the economic value added” as a central control parameter
• Cost elements, cost centre accounting and cost unit accounting
• Measures to increase the business success
• Deliberate and successful cost management
• Management of turnover and margin on sales
• Asset management, cash flow managament
These topics will be trained on the basis of a practical simulation case study.
Course length: 3 days
Recommended number of participants: 8 - 16
