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Case Study 1
Financial Intelligence for LEADERS
The CEO wanted to transform the organization into a “metric driven company.” The first step was to ensure the international leadership team had a strong foundation in finance, financial measurement, and analysis, along with their own metrics and impact. The Business Literacy Institute developed and facilitated a leadership program that included both foundational and advanced concepts in a way that excited everyone about their own business. The team is now moving forward, applying the concepts and analysis to improve the organization.
Case Study 2
Financial Intelligence for NON-FINANCIAL MANAGERS
This Fortune 500 company wanted to begin a process of financial transparency. To start, they needed to educate all managers about financial statements, ratios, capital budgeting analyses, and so on. They included the Business Literacy Institute’s two-day Finance for Non-Financial Managers program into their learning and development catalog, so that it was available to managers nationwide.
A new leadership development program targeted the high potential managers in this organization. One of the key objectives was to ensure they all understood the basics of financial measurement and analysis. Three customized courses were developed — Foundation, Analysis, and Strategy — to give them the knowledge and tools needed to continue their personal and professional progress and to support the organization’s financial goals.
Case Study 3
BASIC Financial Intelligence
The team-based workforce had much autonomy and authority. Business literacy training was required to ensure all team members understood how financial success was measured in their organization and how their decisions impacted results. The Business Literacy Institute developed a customized program and Money Map, and through a train-the-trainer program, certified the managers to roll out the program to their own teams.
A Regional Director of this national company wanted to transform the culture from a mentality of “us vs. them” to “business partner.” A highly customized training program was developed and delivered through a train-the-trainer model, along with Money Maps that illustrated the organization’s strategy, money flow, and process. This system approach has transformed the organization.
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Case Study 4
MONEY MAPS
Each individual was well trained in his or her specific job function, but lacked the big picture — that is, how what they did fit into their department, division, and company. The Business Literacy Institute developed programs and Money Maps to fill that gap. Employees in this organization had a huge impact on the success of the company, yet they didn’t realize it. This Money Map illustrated employees’ daily process and the positive or negative impact of their activities on their company’s results and profit sharing. The income statement of this organization was difficult to read. So, it was translated into a picture that showed everyone where the money goes. The financial goals were printed on the Money Map, and every month the actual results were added in for all to see their progress toward the company goals.
Case Study 5
KEYNOTES
The sales force was gathering for their annual meeting where new expectations were presented regarding their role in the profitability of the company. This keynote address provided the key concepts and tools they needed to enhance their understanding and ensure the expectations were met. The organization had a new financial focus for the year, and EVERY MANAGER needed to be on board with a strong understanding of the key measures and strategy. The Business Literacy Institute developed a customized keynote and then traveled the world addressing, discussing, and involving audiences around the topic.
Case Study 6
GAMES
The company hired the Business Literacy Institute for its first highly successful Business Basics Program. However, after four years of updates, they were ready for something fresh. The Business Literacy Institute then developed a game in which every player had a chance to learn first-hand how each individual in the organization impacted the goals and therefore the success of the organization. The game was popular with executives, directors, managers, and employees.
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