This Program is ideal for industrialists, businessmen, managers, women entrepreneurs, self-employed professionals, freelancers & non finance executives.
Financial mismanagement is one of the prime factors of business failures. And this happens because of a widely held belief that finance management is the job of the finance department alone. The truth is that finance management or mis-management happens in every department of an organization. Most decisions taken by various so-called non-finance managers/executives are in fact financial decisions. A decision taken by a sales person, who is offered a large order provided he can cut price, to accept or to refuse the offer, is a financial decision. A decision as to the levels of inventory to be maintained by the stores manager is a financial decision. An HR decision as to the size of the ‘bench’ to be maintained is also a financial decision.
Pedagogy of the course
The program is practice-oriented comprising lectures, simulations, case studies, and group discussions and is modelled keeping non-finance persons in mind.
Benefits of the course
It gives an insight on how financial data is used to make business decisions, while understanding its financial implications. In addition, the ability to interpret financial information will help to understand resource acquisition and allocation, and communicate more effectively with the firm's financial managers. The course is designed to provide necessary knowledge to understand:
“I have already started implementing the ideas as far as my job & personal life is concerned by making four goals & I would like to mention here that I have so far achieved Rs. 1,000 Mil. costsaving in one of my goal of material cost reduction.”
Mr. Vivek C. Mahajan,
“My time management skills improved. I saved a total of 70 Minutes/day (30 minutes from professional life and 40 from personal life and utilizing the same for creative planning and self-development. Long pending things got started and procrastination under control. My public speaking skills improved through this programme. I had ...
Mr. V.B. Pillai,
Mazagon Dock Limited
“ EPP program of LMI has been very effective for me in respect of realizing the Value of Time, Concentrating on High Pay Off Activities and Delegation. Precisely it has helped me to crystalize my focus to go “National”. Being a Major Regional player so far, now with a single ...
Mr. Rajesh Bhutoria,
Director of Viscom Security (P) Ltd.
“I was a good experience as we learned many new aspects in the simulations which should be considered while setting up a new venture.” Emailfirstname.lastname@example.org
The EPP program is definitely very different and has brought about amazing results. The best part was that it touched upon all aspects of life and has helped bring more meaning and quality to my life. It helps you discover yourself, crystallize your thinking to understand what exactly you want ...
Country Manager – Customer Support & Services, Tata Infotech
We have found the training beneficial to increase our productivity and overall change in positive attitude of our employees. Although we have derived many benefits, I would like to name few of them as under: To speed-up development programme of our new products. Effective commissioning of our new products and ...