When financial statements are perceived difficult and unapproachable, an organization can not expect the non-financial professional to truly understand what is required in order to increase efficiencies or to increase profitability. The financial leadership development programs delivered through the Bonanza Education Concepts, provides the non-financial professional the opportunity to develop an understanding of the financial business drivers embedded within the financial statements and how to use the information to more effectively make decisions and communicate with multi-level audiences. The once difficult and avoided financial conversations begin to take place across the organization and those conversations lead to collaboration, which in turn, can potentially reveal hidden innovation located within the existing human capital. With the help of the Bonanza Concepts, the everyday decisions that affect corporate profitability can have a clear cross-functional understanding.
How does it work?
Our starting point is always developing an understanding of the financial relationships. This understanding provides the prerequisite to communicate and use financial information as a useful tool in employees' daily work. What is unique about our financial leadership development programs is the cognitive use of color and form that makes it possible to quickly see context through a visual language that would otherwise be difficult to conceptualize or interpret.
The Bonanza financial leadership development programs create a commitment and desire to learn. Participants enhance skills like listening, cooperation, and communication while analyzing financial statements and running simulated companies. The learning environment is fun and competitive as they compare their solutions with other teams who solve similar issues. The Programs take place in an interactive and positive atmosphere where the participants are engaged and laugh a lot, which is important in order to absorb new knowledge. Who would believe a financial leadership development program that builds confidence and ability in reading, understanding, and communication the information on the balance sheet, income statement, and cash flow statement could be so enjoyable and yet so effective?