financial vs commercial acumen

Contents Definition of Financial Acumen Definition of Commercial Acumen Example of Financial Acumen Example of Commercial Acumen Recap Acumen – the ability to make good judgments and effective decisions – has become something of a buzzword among directors and learning and development professionals lately. But what does it actually mean in the context of financial and […]

Richmond L&D Forum 2019

We’re looking forward to meeting some of you at the 8th Richmond Learning & Development Forum on 20th March. The Forum provides an opportunity for the most proactive and forward-thinking of L&D professionals to share ideas and features a CPD-accredited conference programme of think tanks, workshops and keynote speakers. Arrange a Consultation Our own Helen Howard, […]

People Development Summit 2019

If you’re planning to attend this year’s People Development Summit, be sure to come and speak to Complete Financial Training. Taking place from 13th-15th March, we’ll be flying to Prague to meet with learning and development professionals, as they come together to share their knowledge and experience, as well as learn about new solutions to […]

Financial Business Case Guide

In order to secure budget for your outsourced financial training programme, you have been asked to submit a business case to justify the spend. Sound familiar? This free best practice guide seeks to walk you through the process involved in creating a clear and compelling business case for outsourced financial training. The typical areas of […]

Foster Commercial Acumen

Contents Defining commercial acumen Why is commercial acumen important? What does commercial thinking look like? The challenges of fostering commercial acumen in your team Training someone to have commercial acumen What is the definition of commercial acumen? Often referred to as ‘business acumen’ or ‘business savvy’, someone with high commercial acumen takes into account a […]

Pieces of paper with financial graphs and charts

Do you know which course to choose when it comes to financial training for your team? It can be difficult to know what areas of financial training would benefit your organisation’s employees; do you know what areas they are most confident or where there is room for improvement? If not, don’t panic. We’ve created a […]

E-Learning

For a business to be successful, everyone within the organisation should possess some commercial and financial acumen. Yet, outside of the finance function, employees seldom possess the financial and commercial knowledge necessary to help your organisation to achieve the desired results. Imagine the boost to your business’ financial health if all your employees were better […]

Zero Based Budgeting: Budgeting Techniques

In the context of business management, budgeting serves a crucial purpose. It not only allows organisations to forecast income and expenditure, thereby determining operational profitability, but also provides a crucial guide to predicting cash flow which is of critical importance to financial sustainability. Budgeting also forms an integral part of the decision-making process and enables […]

Impact of Price Increase on Value

As discussed in our previous blog, it’s clear that discounting a selling price can have a huge impact on margin unless a massive increase in sales volume is achieved. But what about if you are considering increasing your selling prices? Based on the example used below, a decision to increase the selling price by just […]

The Impact of Discounting On Your Margins

By beating competitors’ prices, more sales will be secured and more money will be made – right? Not necessarily. Many businesses are more concerned by the loss of a sale to a competitor than by ensuring that every sale is profitable. Rather than concentrating on delivering a product or service that offers value, some businesses […]