The ability to understand and apply financial principles is a game-changer for business professionals. Whether you’re managing budgets, shaping strategy, or leading organizational change, financial literacy helps you make better decisions, communicate with confidence, and drive business success.
Finance
Simplifying Health Care Budgets: What You Need to Know
In health care, a well-crafted budget is more than just a financial plan—it’s a strategic powerhouse. By mastering budgeting skills and approaches, health care leaders can turn financial challenges into opportunities, ensuring that every dollar spent drives innovation, enhances patient care, and secures a sustainable future.
Key Financial Statements Health Care Leaders Should Know
Understanding financial statements is not just a matter of accounting; it is a strategic necessity that informs decision-making and drives organizational success. By prioritizing the balance sheet, income statement, and cash flow statement, leaders can ensure their organizations remain financially healthy and capable of delivering quality care.
Are You Fluent in the Language of Business?
Far too many current and aspiring leaders tell us the financial “stuff” makes them queasy, uncomfortable, or worse. To help them make sense of this “stuff” and feel more confident, we take a unique approach.
Owning Your Finances [Webinar Recording]
If you want to thrive you must make financial literacy a priority, and that starts with how you manage your money.
75 Stories – Dan Topf, CPED Instructor
Dan Topf has been an instructor at the Wisconsin School of Business Center for Professional & Executive Development since 2014.
75 Stories – Ann Martel, CPED Instructor
Ann Martel has served as a Transition to Executive Management (TEM) instructor, revamped the Finance & Accounting for Non-Financial Professionals program, and developed custom professional development programs for our partners since 2014.
What’s More Important than Profit?
Cash may be more important than profit. The more we align our decisions to help employees drive cash availability, to use cash wisely, and to generate more cash for the company, the better.
Take a Strategic Approach to Evaluating Your Sales Ecosystem
Frequently, execution weaknesses trace to the supporting elements in the sales ecosystem, not to the talent base. h, strategic analysis of the elements in a typical sales ecosystem. A focused effort on continuous improvement – with honest inputs from the sales people – will yield the kind of productive supporting environment sales professionals require to succeed.
Costs of Innovation Must be Weighed Against Standing Still
When faced with the decision of whether or not to invest in an innovative idea, managers often measure the cost of the incremental investment. However, the error in this analysis is that it doesn’t take into account the cost of doing nothing — the cost of standing still.