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Harvard Business School

Finance for Senior Executives

Jul 14—19
6 days
Boston, Massachusetts, United States
USD 13000
USD 2166 per day
Feb 2—7, 2020
6 days
Boston, Massachusetts, United States
USD 13000
USD 2166 per day

How it works

Description

When you can speak the language of finance, you have the power to build stronger strategies, expand your influence, and make better business decisions. Finance for Senior Executives delivers a foundation in corporate finance that is essential for leaders across every functional area. Exploring the flow of financial resources, capital markets, and systems for financial management and control, this executive finance program positions you to drive new levels of profitability for your organization.

Key Benefits

By examining corporate finance from both internal and external perspectives, this executive finance program provides a solid grounding in the fundamentals of finance. You will build the skills and confidence to immediately apply financial analysis techniques, set realistic performance goals and compensation incentives, and play a bigger role in helping your company optimize its financial resources and strengthen its bottom line.

Details

Apply strategic financial insight

  • Make informed strategic decisions regarding capital structure
  • Utilize capital markets for the most profitable outcomes
  • Balance profit, growth, and control in dynamic environments
  • Implement restructuring strategies
  • Understand the implications of financial reports

Establish optimal systems for management and control

  • Develop successful and realistic performance plans, incentives, and financial controls at corporate and divisional levels
  • Recognize and address biases within financial systems and structures
  • Identify the best performance metrics
  • Forecast and monitor outcomes with greater confidence

Improve collaboration with senior-level peers

  • Become a more effective leader through greater financial acumen
  • Communicate effectively about finance with executives from all functional areas
  • Engage in more productive discussions with financial specialists in your organization and ask the right questions
  • Address the concerns of colleagues who are not financial specialists and present information in ways that support their decision-making

Expand your personal and professional network

  • Extend your network by living and working with accomplished executives from various backgrounds, industries, and countries across the globe
  • Build relationships with a diverse group of peers who can provide wide-ranging insights into your business challenges and career decisions

What You Will Learn

Through a rich learning experience that includes dynamic faculty presentations, case studies, interactive classroom sessions, and structured and informal group activities that explore the fundamentals of finance for executives, as well as the managerial context in which strategic choices require investor support. Topics include:

Key Topics

The role and tools of finance

  • Understanding the role of finance in supporting the functional areas of a firm
  • Employing basic analytical skills and the principles of corporate finance
  • Applying standard analysis techniques, including capital budgeting, cash flow, valuation, and risk analysis

Performance and compensation

  • Establishing and monitoring executive compensation policies
  • Setting performance goals and incentives
  • Using diagnostic and interactive control systems to achieve objectives

Capital markets and financial institutions

  • Working with capital markets and financial institutions
  • Examining best practices for maximizing available resources
  • Understanding the implications of recent market developments

Growth, profit, and investors

  • Analyzing the pursuit of margin and growth, and their respective returns
  • Understanding the decision-making processes of corporate managers, stockholders, creditors, unions, financial advisors, investors, and turnaround specialists
  • Managing corporate distributions—including cash, property, and stock dividends—within the context of redemptions and liquidations
  • Restructuring and strategically employing valuation and financial analysis
  • Mastering the theory and best practices related to profit planning, strategic profitability analysis, resource allocation, residual income techniques, and performance scorecards

Who should attend

  • Executives from a variety of functional areas, including operations, marketing, information technology, human resources, research and development, legal affairs, and financial administration
  • Financial executives seeking to update their core skills in a broad strategic context

Experts

Eugene Soltes is the Jakurski Family Associate Professor of Business Administration at Harvard Business School where his research focuses on corporate misconduct and fraud, and how organizations design cultures and compliance systems to confront these challenges. He teaches in several of the scho...
Professor Stuart Gilson is the Steven R. Fenster Professor of Business Administration at the Harvard Business School, and former chairman of the Finance Area of the School. Professor Gilson’s research, teaching, and consulting activities focus on the operational, financial, and legal strategies ...
Christopher Malloy is a Professor in the Finance Unit at Harvard Business School, and a Faculty Research Fellow at the National Bureau of Economic Research.  Prior to joining HBS in 2007, Professor Malloy was an Assistant Professor in the Finance Department at London Business School, where he was...
Scott Mayfield is a Senior Lecturer of Business Administration in the Finance Unit at the Harvard Business School. Prior rejoining the faculty in 2011, Professor Mayfield was an assistant professor and member of the Finance Unit at HBS from 1997 to 2001. Professor Mayfield currently teaches the s...
Fritz Foley is the André R. Jakurski Professor of Business Administration at Harvard Business School. He is also a Research Associate in the National Bureau of Economic Research’s Corporate Finance and International Trade and Investment Programs and an Associate Editor of the Journal of Internati...
Victoria Ivashina is the Lovett-Learned Chaired Professor of Finance at Harvard Business School. She is a Research Associate at the National Bureau of Economic Research, and a Visiting Scholar at the Federal Reserve Bank of Boston and the European Central Bank. She serves on the editorial boards ...

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