In business, being sustainable means adopting business strategies and activities that meet the needs of the enterprise and its stakeholders today. In order to manage a sustainable business, the practices of a business should be sustainable if they wish to stay in businesses, because if the business is unsustainable, then by the definition of sustainability they will cease to be able to be in competition.
Business sustainability requires visionary leaders who look at the ‘bottom line’ of a company’s financial position. They adopt managerial strategies that integrate all financial concerns. Sustainable businesses take a long-term view of profitability. They avoid decisions that increase profits at the expense of legal obligations, employee morale, and customer loyalty. They find ways to meet shareholder expectations while still meeting the needs of workers, consumers, and other stakeholders. A sustainable business recognizes the need for investments in sound procedures and operations that will avoid even bigger costs down the road. A business that is managed well is more than likely to get through all the stages of growth without much pain or failure.
This course focuses on management of the financial aspects of the business in the best possible way by exploring strategies that will help the business get better. The managing a sustainable business course delves deep into the intricacies of Finance basics, working capital & cash flow management, management accounts and rolling budgets.
This course is made available between January and March, with reference to our events calendar on the exact dates.