The missing links in your professional development
Ever have to Google something new before a big meeting, new project, or first shift in a new role? Wade through confusing and conflicting resources? And then pretend you actually know what you’re on about? There is a better way. Enhanced online-based short courses are your key to learning what you need to know as quickly and effectively as possible. And they work a heck of a lot better than experiential learning (learning by doing) alone.
Non-accredited courses have an important place in your professional development. Thanks to agile development, they’re incredibly up to date and reflective of contemporary conditions. Short courses directly address the learning outcomes and constraints of the individual student. In other words, they’re not too long, and not too short.
Reading financial statements – an essential skill for strategy professionals
There’s no two ways about it: understanding a company’s value means getting to know its financial statements. No media release, news story, statement from a director or cool website can tell you as much about where a company is headed. Getting in to the detail of a financial statement is a must-do if you’re:
- Analysing a potential investment
- Providing formal investment advice
- Consulting with a new organisation
- Conducting market research
- Conducting holistic fundamental analysis
- Trying to understand the nature of a business
- Providing management advice
Financial statements are where you can cut past all the fluff and spin, and see what kind of results the company is really achieving. Whether you’re a consultant, a manager with strategy oversight, or a professional with investment advice responsibilities, you’ve got to know what you’re looking for.
The growing need for effective supervisors
Reckon it’s impossible to nail down the definition of a ‘good’ supervisor? The differences between effective supervisors in different sectors probably aren’t as big as you think. It’s something academics have been studying for ages. In fact, as early as the fifties, psychologists were working out how and why people don’t like being micromanaged. Another study, comparing supervisors in an insurance company, a tractor factory and a railroad gang (!) found that more productive supervisors in all sectors spend more time fostering supportive personal relationships with staff.
There’s going to be a huge demand for effective supervisors in coming years. In fact, the Australian and New Zealand Standard Classification of Occupations (ANZSCO) with supervisory duties, the projected median growth rate is well above the projected general employment growth rate. The problem is, supervisory skills aren’t something you’re born with. And they don’t come as a side effect of subject matter expertise. That’s why, if you want to be an effective supervisor, you’ve got to take charge and challenge yourself to learn ‘em.
Looking for a way to get to grips with financial statements, without becoming a management accountant? Monarch Institute’s Navigating Financial Statements short course is the result of decades of development and refinement with finance industry stakeholders and clients including major banks. Because it’s 100% flexible and online, it’s the perfect just-in-time professional education solution.
Need to get better results from your team – and yourself? The Effective Supervisor short course will help you get more out of your time with staff, by planning and communicating clearly, and solving problems efficiently.
Sources: psc.isr.umich.edu, lmip.gov.au