Compare courses
Register

Available dates

This course has no confirmed dates in the future. Subscribe to be notified when it is offered.

About the course

The purpose of this new course is to increase the speed, accuracy and effectiveness in the decision-making and control processes in industrial companies - by broadening the circle of managers and other key people with competence in how to interpret and actively use financial information and financial tools.

The new volatile business landscape decreases the room for mistakes and waste rapidly. Even more important; the window to capture various opportunities opens and closes faster. Organisations will simply have to act faster and thus in a more decentralised way, and with even better understanding and control of the financial requirements and the financial consequences.

The new volatile business landscape

  • An accelerated development and deployment of digitalisation. The latter comes on various levels in a multi-layer stack: IoT, big data, data science, analytics, AI, machine learning, Industry 4.0, 3-D printing, servitisation, new business models, eco-systems, blockchain, cybersecurity
  • Stagnant economic growth
  • New geopolitical realities, e.g. Trump, Xi Jinping, trade conflicts, Brexit and strong nationalistic agendas
  • Pressing environmental challenges, e.g. global warming, air pollution and shortage of fresh water

Themes

  • The project perspective
    • Cash flow
    • Projects
    • Investments
  • The period perspective
    • Income statements
    • Balance sheet
    • Strategic footprints in financial reports
  • Financial KPIs
    • Growth
    • Financial strength
    • Profitability
  • Control
    • Budget
    • Scorecards
    • Product and service costing
  • Communication
    • Make a message stick
    • Negotiating financial matters

Presentations of own projects/initiatives

Albeit the headlines look generic, the content is tailor-made to the specific needs of industrial companies, as well as the specific needs of the participants. The latter according to an initial diagnostic test.

Who should attend

This new course is for non-financial managers and other key people, having a significant impact on the financial performance of their companies.

Companies mostly with a history in developing, manufacturing and selling tangible products. Companies now taking on the challenges and opportunities in the new volatile business landscape. The participants have at least 8 years of professional experience and are often members of a management team (or will likely soon to be). The participants often share the experience of feeling hampered by having difficulties in understanding, or being able to use, arguments in “lingua economica”.

Trust the experts

Magnus Bild

Magnus Bild designs and delivers tailor-made financial programs to financial specialists and general managers, in groups ranging in size from one individual to 200 people. Magnus’s guiding principle is to combine relevant content with innovative program design and appropriate pedagogical methods....

More...

Anders Holmström

Program Director at KTH Executive School. Management Consultant KTH Advisory Services. Chairman of the board of AB Energivärden. Facilitator at Chamber Business Networks. Fan of the idea that Business of Technology is one of the pillars on which the future prosperity of mankind will rest. Progr...

More...

Ulf Änggård

Ulf Änggård supporting companies and organisations to thrive in the new business landscape enabled by new technologies and perspectives in the KTH Executive School. Co-founder of Itclarifies that helps companies clarify risks, compliance and criticial details in business documents with the help...

More...

Mikael Runsten

Mikael Runsten has designed and delivered financial education programs for management teams and financial specialists since the late 1980s. Mikael combines financial and pedagogical expertise in his projects for maximum results. Mikael Runsten is an economics doctor and founder of the education...

More...

Course reviews

Downloadable files