learn to apply financial key skills through simulation ......sales managers dr. helmut hergeth dr....

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FINANCE FOR NON-FINANCIAL MANAGERS Learn to Apply Financial Skills Through Simulation 4 Hour Session | Base Price - $3,500* *for up to 30 participants This unique session is designed to help leaders with no financial background understand the fundamentals of cash flow and statement analysis, as well as provide more experienced executives with insights on resource and investment planning. In this session, participants complete a hands-on simulation that allows them to “run their own business” , including making decisions on product development and pricing as well as managing short and long-term financial plans. Past clients have used this experience to support post-program workshops that identified significant cost savings and growth opportunities. KEY TAKEAWAYS YOU WILL BE ABLE TO: > Interpret financial statements and use them to make informed decisions > Provide more insights for resource planning purposes > Engage in financial competitive analysis FOLLOW US! WEBSITE https://execed.poole.ncsu.edu/ FACEBOOK & TWITTER @NCStateExecEd LINKEDIN Executive Education at NC State Simulation | $170/participant

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Page 1: Learn to Apply Financial KEY Skills Through Simulation ......SALES MANAGERS DR. HELMUT HERGETH Dr. Hergeth worked for Akzo-Nobel’s Fiber and Polymer Divison in Germany and the US

FINANCE FOR NON-FINANCIALMANAGERS

Learn to Apply Financial Skills Through Simulation

4 Hour Session | Base Price - $3,500**for up to 30 participants

This unique session is designed to help leaders with no financial background understand the fundamentals of cash flow and statement analysis, as well as provide more experienced executives with insights on resource and investment planning.

In this session, participants complete a hands-on simulation that allows them to “run their own business”, including making decisions on product development and pricing as well as managing short and long-term financial plans. Past clients have used this experience to support post-program workshops that identified significant cost savings and growth opportunities.

KEYTAKEAWAYS

YOU WILL BE ABLE TO:

> Interpret financial statements and use them to make informed decisions

> Provide more insights for resource planning purposes

> Engage in financial competitive analysis

FOLLOW US!WEBSITE https://execed.poole.ncsu.edu/FACEBOOK & TWITTER @NCStateExecEd LINKEDIN Executive Education at NC State

Simulation | $170/participant

Page 2: Learn to Apply Financial KEY Skills Through Simulation ......SALES MANAGERS DR. HELMUT HERGETH Dr. Hergeth worked for Akzo-Nobel’s Fiber and Polymer Divison in Germany and the US

WHY NC STATE?The NC State advantage is

grounded in our land-grant mission. We leverage the capabilities of the entire

university, including our world-class expertise in Agricultural

Sciences, Biomanufacturing, Computer Science, Design,

Engineering, Management, and other groups, to create an

experience linked to the unique challenges of your industry.

PAST PARTICIPANTS

LEARN MORETo learn more about this program, or to register for this course, please visit: go.ncsu.edu/nonfinancial-managers

WHO SHOULD ATTEND

PROJECTS AND ACTIVITIES

TECHNICAL AND HREXECUTIVES

BUSINESS UNIT LEADERS

SALES MANAGERS

DR. HELMUT HERGETHDr. Hergeth worked for Akzo-Nobel’s Fiber and Polymer Divison in Germany and the US as Export and Marketing Manager. His teaching and research focus on Strategic Cost Management issues and Economic Sustainability in the Textile and Apparel Industries, and on Textile Technology Management and Roadmapping.

ORGANIZATIONALCASH FLOWSSIMULATION

INCOME STATEMENT AND BALANCE SHEET

ANALYSIS

SESS

ION

FA

CILI

TATO

R

Individuals satisfactorily completing this course will receive documentation to apply for Continuing Education Units (CEUs) and Professional Development Hours.

CREDENTIAL OPPORTUNITIES