Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

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

By: Tom Associates  

Lagos State, Nigeria

25 - 27 Jul, 2018  3 days

Follow Event

  

NGN 125,000

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. Jul 25 - 27 Jul, 2018

Registration: 08:00:am - 09:00:am

Class Session: 09:00:am - 04:00:am

NGN 125,000.00(Including VAT)
(Convert Currency)

Mr Abiodun Toki 08033019120

Discount of 5% to 3-4 participants from same organization. Discount of 10% to 5 or more participants from same organization.
Related Courses
Supply Chain and Logistic Management Course Supply Chain and Logistic Management Course

4 days, 27 - 30 Nov, 2018 

2018-11-27 12:11:00
Lagos State, Nigeria

Tom Associates

The importance of careful management of the supply chain is now most critical. Companies should recognise that proper management of the supply chain will contribute immensely to reduced cost and, in ...

Management Development for Personal Assistants and Senior Secretaries Course Management Development for Personal Assistants and Senior Secretaries Course

5 days, 10 - 14 Dec, 2018 

2018-12-10 12:12:00
Lagos State, Nigeria

Tom Associates

This course will take the PAs and Senior Secretaries through some thought process that focuses on the style and work culture which characterizes the managers they work with. The jobs of Personal ...

Contract Management Course Contract Management Course

4 days, 04 - 07 Dec, 2018 

2018-12-04 12:12:00
Lagos State, Nigeria

Tom Associates

Organizations need effective contract management practices to avoid risk and achieve optimal outcomes. This course provides the knowledge and skills to successfully manage and execute the contracting ...

Fleet Management for Profitability Course Fleet Management for Profitability Course

3 days, 07 - 09 Nov, 2018 

2018-11-07 12:11:00
Lagos State, Nigeria

Tom Associates

This is a comprehensive fleet management course that covers important and vital aspects of the fleet life cycle. Fleet management practitioners and owners must keep abreast of the latest ...