Schedules Introduction Objectives Training Methodology Who Should Attend? Outline

Home / Strategy & Strategic Planning / Advanced Commercial Awareness

Course Schedule

Classroom Sessions:

Date	Venue	Fees
03 - 07 Jun 2024	London - UK	$5,950
09 - 13 Sep 2024	London - UK	$5,950
16 - 20 Dec 2024	London - UK	$5,950

Course Description

INTRODUCTION

In today's rapidly evolving business landscape, possessing a strong sense of commercial awareness and business acumen is crucial for professionals at all levels. This GLOMACS Advanced Commercial Awareness training course is designed to equip participants with the knowledge, skills, and mindset needed to understand market dynamics, make informed business decisions, and drive organizational success.

Objectives

By the end of this Advanced Commercial Awareness training course, participants will:

Understand the significance of commercial awareness and its impact on business success
Develop the ability to analyze market trends, customer behavior, and competition effectively
Interpret financial statements and ratios to assess company performance
Gain insights into strategic thinking, risk management, and ethical considerations in business
Acquire practical knowledge of supply chain management, operations, and innovation
Learn to integrate commercial awareness into daily decision-making processes

Training Methodology

This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes experiential exercises, targeted self-assessments, video examples, skill practices, case studies, team activities and group discussions.

WHO SHOULD ATTEND?

This GLOMACS Advanced Commercial Awareness training course is suitable to a wide range of professionals but will greatly benefit:

Professionals at all levels seeking to enhance their business acumen
Managers and executives responsible for strategic decision-making
Entrepreneurs and business owners aiming to expand their market understanding
Individuals in marketing, sales, finance, operations, and related roles
Graduates and early-career professionals looking to develop a strong foundation in business skills

Course Outline

DAY 1

Foundations of Commercial Awareness

Introduction to Commercial Awareness and its importance
Differentiating Commercial Awareness from Business Acumen
Basics of supply and demand and their impact on pricing and decision-making

DAY 2

Market Understanding

Conducting effective market research and analysis
Identifying target markets and customer segments
Analyzing market trends and competition

DAY 3

Financial Fundamentals

Introduction to financial statements and their interpretation
Understanding key financial ratios and metrics
Budgeting and financial planning

DAY 4

Strategic Decision Making

Fundamentals of strategic planning
SWOT analysis and its role in decision-making
Managing risks and considering ethics in business decisions

DAY 5

Business Operations and Adaptability

Understanding supply chain management and operations
Embracing innovation and change
Integrating commercial awareness into daily decision-making

Certificates

On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance

Providers and Associations

Endorsed Education Provider

GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org