Running the Business Course
This course introduces the way most manufacturers work at a senior executive level and the groups that support manufacturer’s business activity – Finance, Human Resources, and IT.
Learning Objectives
- Identify the structure of a typical manufacturing company, how it sets business priorities and how it measures success.
- Identify the responsibilities and operations of the Finance & Administration, Human Resources, and IT departments across a manufacturing organization.
- Recall examples of how these departments support and enable the main business processes.
- Identify terminology relating to financial reporting and other business areas.
Course Content
- Organizational Structure
- Introduction
- Senior Management Introduction
- Senior Management
- Knowledge Check
- Defining Strategy
- Introduction
- Strategy
- Knowledge Check
- Measuring Performance
- Introduction
- Financial Reports
- Benchmarking
- Ratio Analysis
- Knowledge Check
- Finance and Administration
- Introduction
- Cash-to-Cash Cycle
- Major Responsibilities
- Knowledge Check
- Human Resources
- Introduction
- The Role of HR
- Information technology
- Introduction
- Overview
- Major IT Systems
- Knowledge Check
- Final Assessment