GU Cash Flow Financial Statements And 3 Management Skills Discussions

Module 6 Discussion – Income Statement and Cash Flow Statement

Directions

In Week 6 we talked about ‘profits’ and ‘cash’. How do profits and cash flow differ from each other, and why is it important to understand both ‘profits’ and ‘cash flow’ of your company? With regard to profit and cash, what should you be keeping an eye on as a technology manager and why?

Module 7 Discussion – Analyzing Financial Statements

Directions

In this course we’ve talked frequently about the fact there is a ‘Story Behind the Numbers.’ As you reflect on your department, division or company, what are some of the key financial drivers that tell your story? What can you do to keep an eye on them to better understand how the story is unfolding, and make smart, proactive financial decisions?

Module 8 Discussion – Apply What You’ve Learned

Directions

This last week is not about just reflection, it’s about determining how you can best apply what you’ve learned. In Week 8 we’ve identified a few skills you can begin implementing immediately; but there are lots of others to consider as well. As you reflect on the course, describe two or three financial management skills you feel are most relevant to you and identify specific ways in which you anticipate applying them tomorrow or in the future. Be specific.