The high wage costs for employees in the UK, the required flexibility in order processing and the costs of training employees lead to enormous sales pressure in the service sector. For many service companies and industries (e.g. banks), these questions go to the core.
Digitisation and innovation can be the key to escaping a saturated market’s limited growth and operating successfully with sideways movement.
YOUR EXPECTATIONS:
Our seminars show what alternative courses of action there are and how management deals with them.
In the UK´s saturated markets, trading companies are under massive pressure from sales and costs due to strong competition from one another. In addition to customer frequency, one of the success factors in retail is the shopping experience. The trading company aims to increase the frequency of customers and to maintain high-quality standards. Innovative solutions show the development of a wide variety of sales forms aimed at personalised customer orientation.
YOUR EXPECTATIONS:
With our seminars you can influence critical success factors and test your customer loyalty in comparison to the competition.
The high depreciation of the capital-intensive machines almost forces mass production, which quickly leads to overcapacities in UK saturated markets. Coupled with the decreasing depth of added value of European production companies and increasing competitive pressure from cheap imports from the Far East, production companies are putting enormous pressure on costs. Digitisation leads to ever shorter innovation cycles that are in disharmony with the depreciation periods for investments.
YOUR EXPECTATIONS:
See and experience how alternative action scenarios affect your result with 5th Mind.
Business Fundamentals ™
Intro:
The seminar for beginners, managers, and employees who want to quickly and easily acquire the most important business and financial fundamentals.
Duration:
1-2 days
Industry sectors:
Service, trade and production
Subjects:
Balance sheet / P&L, costs, price, cash flow, key figures (profitability, stability, liquidity), budgeting, ...
Advanced Business ™
Intro:
The seminar for practitioners and executives who want to deepen their knowledge in the field of financial management.
Duration:
2-3 Days
Industry sectors:
Service, trade and production
Subjects:
Business fundamentals + liquidity indicators, working capital management, value-oriented corporate management, planning, competition & differentiation, CAPEX / OPEX, investment calculation, stock market, ...
Strategy & Finance ™
Intro:
The seminar for practitioners and (young) executives who want to quickly and easily examine all business administration relationships, strategy, finance and corporate management.
Duration:
2-4 days
Industry sectors:
Service, trade and production
Subjects:
Business Fundamentals + Advanced Business + Strategic Management, Vision / Mission / Strategy, SWOT, strategy models (BCG matrix, Gälweiler, Ansoff's product/market matrix, Porter, Balanced Score Card), environmental analyses, strategic innovation, implementation of a strategy, internationalisation, crisis scenarios, …