Finance for Strategic Leaders

Practising leaders must understand the finance function to be an effective decision maker within their role. Finance impacts all aspects of an organisation and has a profound influence on the development and achievement of strategic objectives. The aim of this unit is to provide leaders with an understanding of the scope, complexity and role of finance within an organisational context.

Leaders will know how to critically assess methods for analysing financial data and information required to make strategic decisions. Ultimately, the aim of this unit is to equip leaders to be more confident in their understanding of the finance function.

Assessment Method

• The learner may be asked to produce a report on principles for leading and developing people.
• The learner may be asked to write a proposal on strategies to enable and optimise performance
• The learner may produce a reflective account of their leadership practice to evidence their ability to meet each of the evidence criteria.