The financial strategy online assessment can assess how well your staff are able to understand the importance of future planning. Financial strategy is fundamental to supporting the strategic planning process. Medium and long term objectives need to be supported with a financial strategy and this assessment will measure management knowledge and aptitude. The ability to think strategically about finance is often an essential or desirable skill on management job descriptions. Our financial strategy online assessment is an excellent tool for organisations to identify and improve their staff skills in this area. Individuals may also wish to undertake the assessment to identify their skill levels and enhance their CVs.
This online assessment provides access to our assessment tool; three attempts at our online questionnaire; and a feedback report showing the level of competency achieved in two areas – underpinning knowledge and practical application. A free trial of the online competency assessment tool is available.
The content of the assessment include:
• Corporate Framework
• Financial Aims and Objectives
• Medium Term Financial Strategies
• Financial Planning Process
• Financial Management Strategies
• Supply and Demand
• Financial Decision Making
• Options Appraisal
• Cost Benefit Analysis