Case Study: Boosting Financial Acumen at Top Middle Eastern Corporate
Making financial decisions with employees who have little to no finance experience can be difficult.
The CEO of a large, state-supported Middle Eastern corporate identified that changes in the macro-economic landscape would require team members to have a better understanding of underlying business economics. Since the majority of the CEO’s executive director team were engineers with no formal financial education, it became clear that reviewing fiscal issues would be challenging.
To address this problem, the CEO approached FE to run a five-day course, five times a year, to provide employees with essential accounting and project appraisal skills. The program was preceded with rigorous online pre-work to ensure participants arrived in class with a common level of knowledge. The training started from a foundation level but quickly accelerated into highly applied content, complemented by examples of live investment projects in the organization.
Meeting the Client’s Needs
A key requirement was that each participant would complete the training understanding how they could make a positive impact on the organization. This meant there was a real sense of responsibility to ensure participants had the tools needed for adding tangible value to the firm.