Your Personal MBA: Understanding Business Functions & Business Acumen
Date and Time
Tuesday Oct 15, 2019
11:30 AM - 4:00 PM CDT
Location
Hilton Garden Inn 1501 S Neil St Champaign, IL 61820
Fees/Admission
CIHRG Members - $20 (free if full year meeting fees prepaid); Guests - $50
Website
https://cihrg.shrm.org/events/2019/10/note-third-tuesday-your-personal-mba-understanding-business
Contact Information
cihrg1@gmail.com
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Description
Instructor: Julie Kowalski, founder and president of Spizzerinctum Group LLC Understanding the Business functions like Strategy, Accounting, Marketing, Finance, Operations, Organizational Behavior, etc.is critical to being the value added partner your business units and executive team need you to be. Come learn the basics of business functions and expand your business acumen. In this dynamic session we will discuss the key business functions like Accounting, Marketing, Sales, Operations etc. and how they work together. We will also learn what the common yet sometimes confusing business terms like financial accounting, managerial accounting, fixed costs, variable costs etc. are so we can add even more value to our companies. This presentation is a must for every member! Topics Include: Definition of key business functions – the 5 parts of a business Easy to understand definitions of key business terms Ways to increase revenue Lifetime value (LV) Sustainable growth cycle Take-a-ways Understanding the purpose of 5 key business functions A list of the most common key business terms and easy to understand definitions Understanding of the 4 ways to increase revenue Understanding the three distinct phases of sustainable growth