An important knowledge area of managers and business leaders is how to interpret a P&L sheet to assist them in making key business decisions and to understand the business performance; where it is succeeding and where there are challenges.
A P&L is a financial report that provides a summary of a company’s revenues, expenses, and profits/losses over a given period of time and shows a company’s ability to generate sales, manage expenses and create profits. This half-day workshop is designed for senior managers who do not have a financial background and need to develop a stronger understand of how to interpret financial information.
After this workshop you will have a sound understanding of how the numbers co-relate to each other to drive the bottom line:
Know how the numbers are collated and where they come from
Be able to investigate overspends, revenue & gross profit shortfalls
Be able to compare data and reports
Be able to identify potential risks or areas of concern and ask the right questions in respect to Gross Profit, EBIDT, Expenses, etc.
General Managers, Directors and CEO's who do not have a financial background and are somewhat unfamiliar with 'Profit and Loss' statements
Mock 'Profit and Loss' statements for case studies
Henry is an accomplished business leader with over 30 years of business experience in corporate and private sectors, both in Australia and abroad.
As General Manager Kmart New Zealand, Henry was responsible for the strategic integration of the NZ operation into Kmart Australia, including IT, Merchandise, Purchasing, Logistics, Loss Prevention and HR, creating a significant uplift in EBITDA & futureproofing the NZ business.
Following a successful 23 year corporate career in Coles Myer Henry was responsible for growing a WA household name retail chain from 12 to 60 stores, strategically positioning the brand as value priced destination. Establishing a culture that focused on employee development, outcome focused teams driving efficiencies and succession planning, the organisation boasted unprecedented staff retention levels.
Henry has built and led many cross functional teams and will work with you to identify opportunities and gaps in all areas of your business, developing strategy, plans, processes & workshops to ensure teams & individual employee is aligned to achieve the business goals.
Henry’s workshops are practical, pragmatic & outcomes based. The key is having very clear focus on expectations and objectives so that each team member walks away with a clear understanding of what is expected and what needs to be achieved.
As one of the most experienced business heads in retail expansion & having worked across the corporate and private sector in all functional areas, Henry’s breadth & width of hands on experience & knowledge is an enviable commodity. Since 2000 Henry has been providing bespoke workshops, mentoring and personal coaching to teams and executives at all levels.