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Business Acumen: Fiscal and Operational Literacy
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Provider:
Cornell University-ILR (View Profile)
Topic(s):
Human Resources
Who Should Attend?
HR professionals responsible for developing strategies that
directly support business functions
Full Seminar Description
Day-to-day operations require HR practitioners to demonstrate and act on knowledge about business strategies, goals, customers and finances. Being able to analyze and manage HR practices from a business perspective is core to being a strategic business partner. Participants will work with a finance expert to examine and interpret operational practices and levers that are commonly used to make business decisions. Gaining insight to business operations and becoming conversant in the language of line leaders will increase your confidence during business discussions and increase your impact with line leaders. Fee per person: $895. Fee includes breakfast, lunch and refreshments.Day-to-day operations require HR practitioners to demonstrate and act on knowledge about business strategies, goals, customers and finances. Being able to analyze and manage HR practices from a business perspective is core to being a strategic business partner.
Participants will work with a finance expert to examine and interpret operational practices and levers that are commonly used to make business decisions. Gaining insight to business operations and becoming conversant in the language of line leaders will increase your confidence during business discussions and increase your impact with line leaders.
Key Topics
- Analyze core determinants of an operating plan
- Establish operating plan metrics
- Create an annual budget with assumptions
- Construct budget forecasts
- Analyze business trends, leading and lagging indicators
- Prepare a written communication on quarterly results
Who Will Benefit
HR professionals responsible for developing strategies that directly support business functionsSponsor Background:
- Over 50 years ago, Cornell University's School of Industrial and Labor Relations was formed to provide training to employers to improve workplaces and workplace life.
- Cornell workshops have a reputation for being current in subject theory and application as well as on legal or regulatory issues.
- Classes are highly interactive…between student and instructor and student to student.
- Discussion groups, case studies, role plays, and other exercises provide practice for your learning.
- Your instructors are skilled communicators and experienced professionals committed to providing the finest in real world, practical education.
- The majority of our clients are repeat users…a testimony to the quality and value received.
Substitution and Cancellation Policy
Substitutions of registrants can be made at any time. Cancellations and transfers are subject to a 25% charge unless received in writing one week prior to the program. Registrants who do not cancel in writing prior to the program date and who do not attend are responsible for the entire fee.
PLEASE NOTE: CORNELL NO LONGER ACCEPTS REGISTRATIONS WITH THE "BILL ME" OPTION. ALL WORKSHOPS MUST BE PAID IN ADVANCE EITHER BY CREDIT CARD OR PROOF OF PAYMENT SUCH AS A PO NUMBER.

