The retail industry is the second largest
UK employer outside the public sector. Organisations operating
within this industry offer a wide variety of jobs, training
and excellent graduate development schemes.
ILX Retail
Clients
Arcadia
Group Plc
Asda
GAP UK
Kingsfisher
Plc
Thorntons
A recent article in the Independent
newspaper highlighted that employers from within the
industry felt that the most common area where it's
staff fell down was with their level of commercial
awareness.
Functions such as buying, stock turnover,
inventory management and pricing are all integral to the
success of any retail company. It is within these departments
that an understanding of the implications of your business
decisions has the most impact.
Intellexis has developed the following
blended offering to meet the specific needs of the retail
industry.
The Intellexis 4 Stage Approach to Understanding Finance
for Retail
The programme will be initiated by managers
completing an assessment using the Intellexis 'FACT'
financial awareness competency tool. The short assessment
covers the key financial concepts that are critical to Buying
and Inventory Management personnel. Following completion
of the exercise, participants are provided with a detailed
summary of their current finance knowledge and a development
plan outlining which of the e-learning courses they need
to undertake in order to acquire the pre-requisite knowledge
required for the classroom phase of the programme.
The FACT assessment will provide participants
with an outline of the financial awareness e-learning courses
they need to undertake in order to maximise the benefit
from the classroom stage of the training programme. Intellexis
has a world-class library of industry leading e-learning
courses which can be customised to provide an intelligent
response to any retail organisation's precise requirements.
Recommended Intellexis Courses
Finance Fundamentals
Financial Fundamentals is suitable for
managers and business professionals in any company providing
the basic introduction necessary to understanding finance
in business. It explains clearly and concisely the principles
underlying the recording of financial data. In addition
the financial statement are analyzed to provide basic costing
information, vital to many managerial decisions.
Curriculum
Finance for Managers: Financial
Fundamentals
Duration
8.5 - 11 hours
Audience
Managers, prospective managers, and
anyone else within an organisation involved in making
business decisions.
Aims and Objectives
To Provide a thorough grounding in
the basics of financial accounting and the principles
underlying the recording of financial data.
US English, UK English, French, German,
Spanish, Italian, Dutch, Mandarin
Publisher
Intellexis
Delivery Method
Online, CD
Operational Analysis
Operational Analysis explains how static, documented company
information can be turned into practical financial ratios
which are vital when making business decisions. These ratios
can be used to measure past performance and to project future
performance, leading to more effective business decisions.
This training course is suitable for managers and business
professionals in any company and presents the information
needed in a clear, concise and logical manner.
Curriculum
Finance for Managers: Operational
Analysis
Duration
9 - 11 hours
Audience
Managers, prospective managers, and
anyone else within an organisation involved in making
business decisions.
Aims and Objectives
To explain how static, documented
company information can be turned into practical financial
ratios that are invaluable whn making decisions.
The Cash Flow Challenge
business simulation is a fun and effective way to use the
knowledge and skills acquired during the finance for retail
programme in 'real-life' scenarios. This programme gives
participants an excellent view of how each business function
can contribute to cash generation.
Cash Flow Challenge is an interactive business
simulation in which decisions are judged in terms of their
style and effectiveness. Players take the role of Financial
Director for their own company. The goal: to raise £1
million for the organisation in a month.
Each player is given a series of options
to choose from in response to the various obstacles that
crop up along the way. Like any real Financial Director,
players have a team of people around them, offering advice,
opinions and criticisms
The game gives students first-hand experience
of the influences that act on financial decision makers
and demonstrates the common budgetary interplay between
different business sectors including sales, stock and credit
control.
Once a month is up, a detailed summary
analyses their performance evaluating performance both against
cash generated and the use of sound business decisions.
For further information please submit an Information
Request form, Email
us or contact us by telephone on +44 (0)20 7371 4444,quoting the reference retail.
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