Understanding Business

Developing the managers of tomorrow

This course is ideal for team leaders and supervisors looking to understand and develop their knowledge on how to run a business. The course emphasises the importance of planning and preparing for the future; as well as marketing and growing your organisation. 

Understanding Business

Overview of Course

This course will cover: 

  • Basic understanding of key financial terminology in order to be able to understand the financial aspects of a business that will enable cost savings in your team.
  • How to improve your confidence and knowledge of business reports and financial terminology giving you a better understanding of how you can impact on improving the bottom line.
  • How to establish a greater understanding of the day to day operations within your organisation and your role within that.
  • Understanding and identifying your company’s vision, mission and strategies for moving the business forward and where your department can impact the overall success.
  • Improving the awareness of you and your team and the importance of accountability and how individuals can be more cost effective with their actions on a daily basis, cutting waste and monitoring use of resources.

Did You Know?

What you will learn

  • To fully understand the business sector of your company and how this compares to other sectors in terms of operation and focus
  • To understand how planning in business is constructed with overall vision, mission and effective strategies to drive business forward successfully
  • Understand common financial terms and business data reports across a typical business year
  • Identify accountability in business including basic generic and specific business legal obligations

Progression

• Personal Development Planning
• Delivering Successful Presentations
• Success in Mentoring
• Performance Management
• Leading a Successful Team

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