Understanding, interpreting and using accounting information is critical for making strategic and financial business decisions. By making better business decisions, managers create value for the organization. Being a more effective business decision-maker requires accounting knowledge ranging from understanding of financial statements, cash flows, ratio analysis, cost behaviour, relevant costs and concepts of business valuation.
The objectives of this course are to:
- Gain an understanding of how to manage and participate effectively in teams by understanding the factors that lead to effective and ineffective team behaviour.
- Gain an understanding of the impact of organizational cultures on organizational effectiveness as well as the impact of leaders in building and maintaining a positive organizational culture. Improve leadership skills by practicing key behaviours needed to manage people effectively.
This course is to identify and understand how the efficient and effective management of all operational efforts within the firm contributes to realizing value. Tactical decisions such as operational system planning and control are the basis for addressing broader managerial concerns such as quality and supply management. Collectively, these must contribute to an overarching operations strategy that should be aligned with the firm’s business strategy to deliver a clear, distinctive competitive advantage.