The European Chamber is pleased to invite you to a full-day training on Finance for Non-Finance Managers. Dr. Laurenz Awater is General Manager of INNOVA Management Institute, a training company known for organizing high-level executive workshops for expat managers.

Business simulations are among the most effective training methods for business management courses. The learning-by-doing approach provides a live experience of business management, based on a comprehensive model of a manufacturing company. Participants take their own business decisions, see the economic impacts of their activities and thus realize their personal contribution to their company’s economic success.

Employees who think entrepreneurially and understand the financial relations and value streams within a manufacturing enterprise, are the basis for long-term success of a company. This board-based simulation provides for a risk-free learning-by-doing environment ideal for participants to learn the basics of finance and accounting through simple but increasingly challenging exercises. After completition of this training learners know how to fill

- P&L Accounts
- Balance Sheets
- Key Performance Indicator Sheets and how to make Cash Flow Statements.

They have learnt to

- interpret a balance sheet
- identify attack points for performance improvement and
- how to increase liquidity and profitability.

Learning benefits include

- Strengthening entrepreneurial thinking among participants
- Reinforcing thinking toward overall company goals
- Understanding the basics of finance and accounting
- Making financial statements and balance sheets
- Learning to speak the language of finance
- Comprehending the interdependency of production, supply and distribution
- Understanding key performance indicators and how to influence them.

COURSE AGENDA

9.00 – 9.30         Registration and Welcome
9.30h – 12.00     Part One: Introduction
12.00 – 13.00     Part Two: The First Business Year
                             Group Discussion
13.00 – 15.00     Lunch Break
15.00 – 15.15     Part Three: The Second Business Year
                             Group Discussion
15.30 – 17.00     Part Four: The Third Business Year
17.00 – 17.30     Part Five: How successful was the 3rd Business Year?  
                              Summary

If you have any inquery, please don't hesitate to contact
Martin Gothe at mgothe@europeanchamber.com.cn or +86 (21) 6385 2023 - 111.

Speakers

Dr. Laurenz Awater

General Manager and corporate trainer

Dr. Laurenz Awater

General Manager and corporate trainer

View speaker details

Laurenz is an organizational development and intercultural expert whose China experience dates back to 1985 when he was foreign student at Beijing University. Laurenz is fluent in Chinese and works as management trainer and consultant. His Ph.D. thesis on ‘China’s Political Economic History from 1949 to 1997’ is a standard reference book at German universities and received mentioning on ‘Wikipedia’ and on books on G8 summit policy, China’s WTO-integration and EU-Foreign Policy.

When working in German industry Laurenz was involved in large infrastructure and construction projects in China. In 2003 he founded the Shanghai INNOVA Management Institute, a training company known for organizing high-level executive workshops for expat managers and for its leadership and management training programs. Since then the Shanghai INNOVA Management Institute has built up a client base of more than 200 MNCs, mainly larger and mid-sized concerns from Western Europe.

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