Commercial Mindset

Overview

There are many things to consider when trying to develop a strong commercial mindset. This starts with building up a strong understanding of your business activities, including your products, customers and suppliers. You will also need to develop deep market knowledge of your industry sector, such as key competitors, market trends, capital flows and technology disruptors.

We can all hopefully read our financial statements, but can we recognize and quantify how different actions or strategies will impact our company’s profitability and cash flow? And equally important, how much time these will take to be reflected within the numbers?

Possessing a strong commercial awareness is being able to look beyond the finance function and take a big picture view of the organisation, while still aligning that view with the company’s strategy and values. Doing this makes you well-placed to drive significant growth and value throughout your business.

Learning Objectives:

After completion of this course, participants will be able to:

• Understand the value drivers in their business;
• Tell the financial story;
• Articulate market knowledge;
• Drive business growth; and
• Maximise shareholder value.

Additional Information:

CPE Credit/CPD Hours: 4.2

Field of Study: Management Services

No prerequisite knowledge is required to be successful in this course.

No advance preparation is required.

Program Level: Basic

Delivery Method: QAS Self Study