If you don’t have the time to complete an MBA degree but still want to understand the key concepts, then this course is for you. This course is designed for managers, professionals, and business owners who want to develop a broad perspective to deal more effectively in today’s rapidly changing and increasingly complex business environment. Learn the key elements and components of a traditional MBA while looking strategically at an organization from a holistic perspective to improve business planning and decision-making, You will also learn to recognize how different business processes drive results as well as identify the effective use of key performance indicators to motivate, measure, evaluate, and improve results. Choose from 30 topics to create a custom course that meets your specific needs.
Learning Objectives
Gain a high-level but thorough understanding of the key elements and components of a traditional MBA
Recognize how to look strategically at an organization from a holistic perspective to improve business planning and decision-making
Discover how different business processes drive results
Identify the effective use of key performance indicators to motivate, measure, evaluate, and improve results
Major Topics
The 8hr MBA contains the following modules which can be mixed and matched according to customer needs:
Basics of Business Law: Corporate Management; Employee Handbook; Intellectual Property; Contract Law; Contract Components
Best Practices for Better Budgeting and Planning: Budgeting Best Practices; SWOT Analysis; The 80/20 Rule; Common budget problems; Rolling forecasts; Spontaneous assets and liabilities; The effects of bad data; Contigency opportunities
Faster Disaster Recovery: Common Disasters; Uncommon Disasters; Preparing for a Disaster; Disaster Recovery
Ferreting Out Fraud: Fraud Triangle; Fraud Risk Factors; Warning Signs of Fraud; Fraud Prevention
Insightful Financial Analysis: The financial analysis process; Corporate overview; Industry analysis; Business strategy; Ratio analysis; Cash sufficiency; DuPont analysis; Horizontal and vertical analysis; Continuity plan
Nuances of Negotiating: Using your network; Drafting a battle plan; Setting expectations; Closing the gap; Using “Yes and”; Don’t give in
Business Benefits of Sustainability: Triple Bottom Line: Economy, Society, Environment; Bottom Line Impact of Sustainability; Creating a green team; Monitoring success
Creativity & Innovation: Creativity methods for generating ideas quickly; Breaking through mental barriers; Brainstorming; Innovation; Using the creative side of your brain
International Business: Business Models; Customs and Etiquette; Communication; Import/Export/Product liability; Guides/Interpreters; International markets
Masterful Marketing: Lead generation methods (referrals, direct marketing, publish a book, etc.): People business – people create the relationships that drive revenue; Differences between the various social media platforms
Strategy for Success: Simon Sinek – “Start with why”; 5 Step Backcasting Process; Good & Bad Mission Statements
Emotional Intelligence: Benefits of emotional intelligence (EI); Steps to increase your emotional intelligence; Emotional intelligence to decision making; Active listening versus traditional listening
Essence of Entrepreneurship: Why current business plans that focus primarily on the numbers is the wrong approach; Components of the non-traditional business plan: People, Opportunity, Context, Risk and Reward; The dark side of being an entrepreneur; Lead Generation Strategies
Good Governance: Duty of Care; Duty of Loyalty; Increased Risk Factors; Minimizing Liability; Ethical Organization Strategies
Latest in Leadership: Principles of improvisation – respect, support, trust, listen, focus, adapt; Team building; Leadership attributes; Leadership styles
Smarter Decision-making: Decision- Making Bias; Decision- Making Styles; Solving Problems; Brainstorming and Brainswarming
Teamwork & High Performance Teams: Illustrate the principles of improvisation and how they relate to building a high performance teams; Demonstrate the positive effects of replacing Yes But with Yes And; Experiment with the improvisation concept of “listening to understand (listen)” and “being present (focus)”
Balanced Scorecard: Identifying a small number of strategic objects for each perspective; Four perspectives of the balanced scorecard (financial, customer, business process, learning & growth); Articulate the value that a balanced scorecard brings to an organization
Business Process Improvement: Benefits of Lean; Lean in a Service Organization; Flow Organization; Reducing costs; Maximizing productivity; Minimizing waste and re-work; Best practices; The lean business; Value and value stream; Pursuit of perfection; Employee empowerment
Effective Change Management: Different personality traits;The five change management principles; Kotter’s 8 step change model, Who Moved My Cheese and adaptive change as described by Jim Collins concept of the Big Hairy Audacious Goal (BHAG)
Performance Management: Key Elements of Developing People; Setting Performance Goals Steps; Employee Motivation Elements; Formal vs. Informal Compensation
Project Management: 5 groups that exist in a project management process (initiating, plan, execute, monitoring & controlling, and close); Identifying the 10 knowledge areas that exist in a project management process; Change management is an area that exists within a project management system
Communication in the Workplace: Characteristics, Strengths and Weaknesses of Personality Styles; Connecting with Personality Styles, Audience Demagraphics
Networking – Building a Stronger Professional Network: Types of Networks; Types of Influential People; Building Your Network; Clique versus entrepreneurial networks; Volunteerism
Powerful Presentation Skills: Using visualization; Practice is essential; Positive energy; Slide count calculation; A speech versus an experience; Fear of questions; Know your audience; Communication styles; Turn off the adrenaline; The power of a pause
Presenting Number for Impact: Presentation tips; Providing context with your numbers; Tables and charts; Using visuals; Formatting your information; WIFM
Success with Social Media: Forms of Social Media; Business Benefits; Getting Started in Social Media
The Art of Effective Writing: Formatting words for readability; Making your point; Active versus passive writing; Choosing words for understandability; Using emoticons and punctuation; Bad writing examples
Provider
Lowe's Companies, Inc.
Course Level
Basic
Professional Area of Focus
Business & Industry
CPE Field of Study
Business Management & Organization
Who Should Attend
CPAs, corporate finance teams, business leaders and other financial professionals