Our Business Acumen for Leaders approach is rooted in the idea of strategic finance: developing leaders' financial literacy to understand and utilize reports and metrics. These critical core competencies enable data-driven decision making.
|Developing business and financial acumen to understand how decisions impact profitability, cash flow and asset utilization.|
|Learning why business acumen is important when reviewing key financial reports and metrics such as the income statement, balance sheet and cash flow statement.|
|Identifying and considering critical financial questions before making strategic decisions and investment choices.|
|Applying the output of investment analysis tools and measures to real-life scenarios utilizing the business acumen skills developed throughout the simulation.|
|Understanding how leadership and financial decisions impact shareholder value|
Dealership-based leaders must understand financial concepts, executing dealer strategies and plans, and honing the leadership skills needed to improve dealership performance.
Sample Program Agenda
Dealer Management Simulation Program
This leadership development program can be delivered over multiple consecutive days, or split into smaller intensive sessions. Whether virtually, or in a traditional classroom setting, business acumen is a critical skill. At IE, programs can be customized to fit your business challenges and learning needs. At Insight Experience, we pride ourselves on our ability to partner and customize our offerings to meet your learning objectives.
Creates an understanding of financial reporting and market dynamics as well as an ability to apply that knowledge to a role and operating decisions that create financial impact.
A quick and easy to understand infographic on the basics of the three major financial statements: cash flow statement, income statement, balance sheet, that are relevant to day-to-day business.
Operating managers have a direct impact on both cash flow and profitability. They make day-to-day decisions that can greatly impact both. Yet, despite expertise in their respective fields, many managers don’t understand the difference between profitability and cash flow or how their decisions impact either.