Nigerian Seminars and Trainings

Search conferences, training, seminars, courses and workshops in Nigeria and around the world

business logo

Business Acumen Master Class: Transformative Learning of How the Business Makes Money

By: Tom Associates Training  

Lagos State, Nigeria

22 - 24 Feb, 2017  3 days

Follow Event

  

NGN 115,500

Business Acumen is all about seeing the big picture and recognizing that all decisions no matter how small can have an effect on the bottom line. Therefore the focus of this course is to prepare employees to:

  • Acquire a culture of owner/entrepreneur thinking
  • Keep in sight significant business basics
  • Use Business Drivers to understand how companies make money
  • Get into the habit of making informed decisions
  • Know how departmental initiatives (HR, finance, engineering, sales, etc.) must align with business imperatives
  • Deliver clear and measurable business results.

Course Contents

Day One

  • Business Acumen Overview
  • The Fundamentals of Successful Business
  • Customer value and expectations
  • Cash and cash flow
  • Growth
  • Margin
  • Performance
  • A Manager's Business Acumen
  • Generating Demand
  • New business development, marketing, sales
  • Fulfilling Demand
  • Procurement, production, distribution
  • Strategic Supports
  • Finance, human resources, administration, technology
  • Understand and Speak Business Language
  • The discipline of business
  • Critical financial terminology everyone should know and understand
  • Understand Strategy
  • The Seven Questions that give meaning to Strategy
  • The importance and benefits of strategic management
  • Elements of the strategic thinking and planning
  • Why and how strategy fails
  • Internal and External Environment Analysis

Day Two

  • Business Tools
  • Balanced scorecard approach
  • Key Performance Indicators
  • SWOT issues
  • Michael Porter’s Five Forces Analysis
  • Effective Decision Making and Problem Solving Techniques
  • Leadership and Employee Maturity Levels
  • Blanchard’s model of situational leadership
  • Supporting, Coaching, Delegating and Directing
  • What is appropriate and when
  • Basic Problem Solving and Decision Steps

Day Three

  • Recognize and Seize Growth Opportunities
  • Revenue Generation - Recognize what makes the business Money
  • Evaluate constraints that could significantly affect future prospects
  • Measure Profit and Profitability
  • Manage risk better
  • Innovation - identify your blind spots
5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos. Registration: 8.30 - 9.00 a.m. Class Session: 9.00 - 4.00 p.m. Feb 22 - 24 Feb, 2017
NGN 115,500.00(Including VAT)
(Convert Currency)

08033019120

Discount of 5% to 3-4 participants from same organization. Discount of 10% to 5 or more participants from same organization.
Discount of 5% to 3-4 participants from same organization. Discount of 10% to 5 or more participants from same organization.
Related Courses
Mastering Competitive Positioning, Blue Ocean Strategy and Value Chain Management Mastering Competitive Positioning, Blue Ocean Strategy and Value Chain Management

3 days, 06 - 08 Dec, 2017 

2017-12-06 12:12:00
Lagos State, Nigeria

Tom Associates Training

How does the management find a unique positioning, the “place” the organization should be in the industry? That is discovering a good strategy. In your arena of tough business rivalry, ...

Customer Experience Management Customer Experience Management

3 days, 15 - 17 Nov, 2017 

2017-11-15 12:11:00
Lagos State, Nigeria

Tom Associates Training

Customers, truly, provide the sources of the lifeblood for any business. But truly also, not all customers of any business are created equal. Some require more attention than others. By gaining ...

Building and Sustaining a Successful Enterprise Building and Sustaining a Successful Enterprise

4 days, 24 - 27 Oct, 2017 

2017-10-24 12:10:00
Lagos State, Nigeria

Tom Associates Training

This Building and Sustaining a Successful Enterprise training  course will discuss: Set right strategy Beat powerful competitors Get funding for new growth initiatives Be relentlessly ...

Internal Audit Course Internal Audit Course

4 days, 12 - 15 Dec, 2017 

2017-12-12 12:12:00
Lagos State, Nigeria

Tom Associates Training

This Internal Audit course will discuss the following. Day One Review and Appraisal of Operations  Compliance with policies, plans and procedures Safeguard of assets Detection and prevention of ...