Reading financial statements
starts Wednesday 4 November
Free, right now
The first three chapters online, with a knowledge check after each chapter. Plus a PDF with a worksheet and cheat sheet.
You can read the lessons straight away. For the PDF, you leave your details.
Start with lesson 1Prefer to have a trainer there with you?
The two-day Managing by the Numbers course. You put your own monthly report on the table and go home with the figures you will be managing by from next month onwards.
€1250,- excl. VAT
View the Managing by Numbers course All Financial management courses →The report comes in every month. Fourteen tabs, two hundred figures, and half an hour on the agenda to discuss it. You read what it says, you nod at the column that turns red, and a week later nothing has changed. Not because you do not understand the figures, but because nobody makes the leap from a number to a decision.
This free online course is the starter for our full Managing by the numbers. In three chapters you choose the handful of figures you as a manager really track, you learn to read a deviation without falling into the trap of averages and chance peaks, and you trace a deviation back to the cause you can actually do something about. Each chapter ends with a short knowledge check, so you notice straight away whether it sticks.
The full course goes on to cover the language of the figures in your organisation, costs, margin and break-even in plain English, your own dashboard and management report, the conversation with your team about results, the figures that mislead you knowingly or unknowingly, accounting to your manager and a personal action plan. Would you like to work through those chapters with an experienced trainer, and with your own report on the table? Then take a look at the Managing by the numbers course.
0.-
IntroductionHow this free course is structured and what you will learn in the three chapters.
1.-
Which figures do you follow as a managerFrom a report full of numbers to three to five KPIs, spread across the four perspectives, including the difference between leading and lagging indicators.
2.-
Reading a deviationThe golden question in four layers, the difference between noise and a signal, and what an average hides from you.
3.-
From deviation to actionThe performance cycle, probing through to the root cause with five whys, and the four types of intervention.
4.-
Figures as the language of the organisationWhy figures give your story weight, and how you steer upwards, sideways and downwards.
5.-
From organisational goal to departmental KPITranslating the organisation's strategy into control points for your own team, and setting priorities when everything seems important.
6.-
Company figures in plain EnglishFixed and variable costs, margin and break-even, and reading your organisation's financial reports.
7.-
Building your own dashboard and reportingSetting up a dashboard based on your KPI set, choosing the right chart and using traffic lights without them taking on a life of their own.
8.-
Conversations about figures and feedback on resultsFrom figure to conversation, giving feedback on results and difficult conversations with your team.
9.-
Figures that misleadRecognising false precision, cherry-picking and framing, in others and in yourself.
10.-
Accounting to your managerBuilding a story around the numbers, holding the accountability conversation and delivering bad news.
11.-
Personal action plan and embeddingYour own KPI set and dashboard, the first thirty days after the course and how to keep it up.
That is the difference with a pdf: there is someone standing in front of the class who answers your questions and thinks along with your own situation.
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