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Determine Your Organization’s Financial IQ

Do Your Managers Understand the Financial Information Shared?

Your CFO, CEO and others talk about the key financial measures important in your organization.  Reports are shared, data is provided, and it is usually assumed that everyone understands what the reports and data mean and what should be done with the information contained in them.

We conducted a national study to determine if managers really understand the key financial concepts.  The experts at the Center for Innovation and Change helped us validate the test questions and ensure its reliability.  You’ll be surprised at the results — the average score was 38%!  That tells us that managers don’t know the financial concepts needed to be a part of the financial success of the company.

The test, validated on a national scale, is now available for purchase.  It is easy and quick.  And, in a very short period of time you’ll be able to assess your organization’s financial IQ.

Benefits of and Uses for the FIQ

• Assess your organization’s FIQ
• Determine the key financial concepts that need reinforcing
• Identify which parts of the organization need help (we can report results by department, team, level, and so on)
• Get people motivated and excited to learn
• Determine improvement after training by using a “pre” and “post” test
• Identify the starting point for developing training programs

Benefits to Your Organization When You Increase the Level of Financial Intelligence®

• Improved financial metrics
• Greater alignment throughout the organization
• Provides the tools for better decision making
• Increased understanding of their impact on the company’s results
• Development of true partners

Take the Test As Is Or Customize

You can take the study as is, or you can customize the questions to fit your specific measures and areas of financial focus. 

Where to Start

Call us and we can help you think through who in your organization should take the test and how to roll it out. Think about the following questions:

• Who should take the test?
• What will do you with the results?
• What level of financial understanding do you want everyone to have?
• What are the key financial concepts important for everyone to understand?

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