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Management & Analytical skills

Get the key skills you need to manage and motivate your team. Learn essential analytical skills to make more informed decisions.

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The Key Issues

As a newly promoted manager, you now need to manage a team, motivate them, give feedback, and ensure strategies are executed. At the same time, relying on gut feelings or opinions is no longer enough. In today’s fast-paced business world, you need to use data to make informed decisions and follow the right process to drive better outcomes.

Delegation strategies

Coaching
skills

Performance management

Key Competences​

Making decisions using data

Creating short presentations

Organizing, collecting and evaluating data

The Right Programme for You

You are a manager who needs to quickly learn how to motivate your team, give feedback, and ensure strategies are executed. You also need to start using data to make smarter, more informed decisions.

  • Business Professionals
  • New Managers
  • Managers
  • Senior Managers

Highlights

Learn how to use clear goal setting and professional feedback to manage your team on a daily basis

Use a 2×2 grid and a Swot Analysis to evaluate ideas and analyse strategies

Understand and use the 3 steps of the analytical process: plan, analyse and conclude

Learn, Practice and Use

  • Understand your management roles and responsibilities.
  • Improve communication with your team & set expectations for you and your direct reports.
  • Adapt your management style to meet the needs of individual team members.
  • Communicate organizational goals that get results.
  • Use effective coaching techniques to maximize your team’s performance.
  • Understanding and using the conversational triangle in your management role.
  • Research and organize data from multiple sources in the right formats.
  • Categorize data for analysis before starting.
  • Make difficult decisions involving qualitative data.
  • Recognize patterns and determine what they mean for your business.
  • Evaluate the evidence to identify the best opportunity or most rational solution.
  • Presenting conclusions graphically Use 2×2 grids and SWOT analyses to evaluate ideas and analyse strategies.

Programme Details

Management& Analytical skills is a highly interactive programme with exercises and role plays

ThirteenProgramme Modules

  • Discovering the qualities and abilities required for effective management.
  • Identifying the roles and responsibilities managers perform.
  • Exploring the contextual issues and challenges that new managers face today.
  • Defining the goal of performance management.
  • Identifying the process and challenges.
  • Practicing the skills of performance management.
  • Describe the importance of communication to effective management.
  • Recognizing the qualities of effective communication.
  • Understanding the process of communication and the barriers that can derail it.
  • Recognizing different types of work conversations.
  • Identifying the two key conversation skills.
  • Understanding and utilizing the conversational triangle.
  • Identifying the importance of and requirements for coaching.
  • Learning the micro-skills of effective coaching
  • Confronting problem behaviours in a tactful manner.
  • Using the AMA Guide to manage a coaching discussion.
  • Differentiating between coaching and disciplining.
  • Recognizing the manager’s role in employee motivation.
  • Exploring important elements of the motivational process.
  • Utilizing managerial practices for building a motivational climate
  • Describing the types of delegation that managers can engage in.
  • Identify the importance of, and the barriers to, effective delegation.
  • Assessing your current delegation practices and their challenges.
  • Recognizing what can and can’t be delegated.
  • Identifying the phases of effective delegation.
  •  Practicing delegation discussion.
  • The dimensions of conflict resolution
  • Identify your own preferred conflict-resolution styles for better conflict management
  • Use different conflict resolution styles in different situations
  • The Importance of the Accounting Equation.
  • The Accrual Process.
  • The Difference Between Accounting Profit and Cash Flow.
  • Understand the Purpose of and Terminology Associated with the Following Financial Statements
  • Income Statement or Profit and Loss Statement (P&L):
    • Balance Sheet
    • Statement of Retained Earnings
    • Cash Flow Statement
  • Prepare a Set of Simple Financial Statements
  • Understand the Accounting Process, from the Recording of Business Transactions to the Preparation of Financial Statements
  • Understand How Various Business Transactions Affect the Financial Statements
  • Various Components of an Annual Report
  • Importance of Notes in Evaluating Financial Statements
  • External Auditor’s Role and the Significance of the Opinion Letter
  • Calculate the Key Financial Ratios Using the Financial Statements
  • Use Financial Ratios to Evaluate:
    • An Organization’s Liquidity, Leverage and Profitability
    • The Performance of an Organization as Compared to Its Competitors’
    • An Organization’s Performance Compared with Budgeted Goals
  • Identify Sources of Financial Information Beyond the Financial Statements
  • Use the Dupont Formula to Evaluate Management Performance
  • Use the Concept of Economic Value Added (EVA(R)) and Cash Flow Return on Investment (CFROI) to Determine if a Segment of an Organization Is Adding Value to the Business
  • Differentiate Between Fixed and Variable Costs
  •  Help Your Organization Improve Profitability Through the Use of:
    • Break-Even Analysis
    • Contribution Margin Analysis
    • Direct Costing in Appropriate
    • Understand Traditional Cost Accounting and Its Limitations
    • Understand the Relevance of Activity-Based Costing in Today’s Business Environment
  • Distinguish Between Capital Expenditure Budgets and Operating Budgets and Understand the Function of the Capital Budget
  • Understand Why Cash Has a Time Value
  • Recognize and Apply Different Methods of Evaluating Capital Expenditure and Monitoring Project Performance
  • Understand the Role of Budgeting and Issues That Budgets Can Solve
  • Understand the Budgeting Process
  • Identify Different Types of Budgeting Systems in Use Today
  • Analyze Budgets for Different Purposes
  • Recognize and Apply Different Methods of Evaluating and Monitoring Operating Performance
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Faculty

Bettina
Hausmann

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Bettina
Hausmann

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Bettina
Hausmann

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Bettina
Hausmann

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Bettina
Hausmann

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Upcoming Programmes

Choose your preferred learning solution

Face-to-Face
4 days
€3,495

There are no sessions scheduled in the near future for this programme. Please check back soon.

In-Company
This programme is available
as an In-Company solution
for your teams.

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Get in touch with the MCE team to learn more about implementing this programme for your team.

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There are no sessions scheduled in the near future for this programme. Please check back soon.

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