Profitability
analysis focuses mainly on the
relationship between the results of
operations as presented in the income
statement and the resources available to
the company as presented on the
balance sheet.
Tool for decision making in
organizations:
Nota:
The comparative
table, the SWOT analysis or the
cause or effect diagram are some of
the best tools to facilitate decision
making in a company.
Short-term and long-term
decision-making:
Nota:
Short-term
decisions can be made and then
retroactive actions can be made
on them if the expected is not
being achieved; on the other
hand, long-term decisions do
not accept reversal
This unit will address the following contents:
Mechanisms that create value in
organizations:
Nota:
How do you create
value in organizations? According to
the theory of the company,
mercantile or economic
organizations base their work and
operation on the creation of value..
Unit 3: Management Skills for
Decision Making
This unit will address the following contents:
Main Management
Skills:
Nota:
Ability to
work and organize Communicative
ability and knowing how to listen
Empathy Be committed Resilience
Encourage motivation
Development of
Management Skills:
Nota:
we
refer to a series of self-directed
capacities to perform leadership
activities. These resources allow us to
manage, coordinate and direct in the
most efficient way
Coaching:
Nota:
it is a process of reflective
and creative accompaniment, through
which a duly trained professional
accompanies his clients to achieve
their objectives.
Unit 2: Business Management Tools
This unit will address the following contents:
Benchmarking:
Nota:
consists of an
in-depth study of your competitors
to understand the strategies and
best practices used by them. Thus,
this analysis allows your company
to reproduce or adapt some of the
actions to attract the public and
reconquer it.
The Joint Venture:
Nota:
is a temporary
strategic partnership (short,
medium or long term) of
organization, a grouping or
alliance of people or groups of
companies that maintain their
individuality and legal
independence but act together
under the same direction and
rules, to carry out an operation
Downsizing:
Nota:
t is a business
strategy that consists of
reducing the number of workers
who provide their services in it
to make it more competitive.
The Balanced
Scorecard:
Nota:
is a business
management tool that is used to
measure the situation and evolution of a
company from a general perspective.