On the 20th of February two workshop sessions on the problems of business modeling were passed in the MBA Center of SUSU.
The masters of the workshop sessions were:
- Irina Sufiiarova, expert in the field of staff management and motivation, instructor of Human Resource Management at the Presidential program of MBA Center in the Ural Business School;
- Konstantin Terentev, instructor of MBA Center of SUSU with five-year work experience as a financial director and consultant on the finance management.
The students of the workshop sessions of 3D model of Management As a Business Tool to Strengthen the Business by I. Sufiiarova learned how to organize an objective management system, taking into account the impact assessment of each employee. This system is based on several indicators: KPI (method of A. Litiagina), quality assessment of job performance and adjustment of fair salaries and bonuses based on a single factor of effectiveness. In addition, in the course of the workshop session some problems of system errors and staff motivation were discovered.
The workshop session by K. Terentev called Financial Modeling in Excel was aimed at informing the participants about the simple and effective technique of financial calculations on the basis one of the accessible to public program products.
From point of view of K. Terentev, the most difficult task of any financial director is maximum proper estimate and planning of cash flow and profits of the company and the errors in this planning are significant risk factor for any business.
The main questions, that were paid attention to during the workshop session, were: automation of the work and building the models of company’s development, as well as the possibility of using the electronic worksheets in planning the liquidity and profits of a company.
