In this course we examine how the organization’s ability to generate enough sales to make the business profitability can significantly improve its changes for growth. We start with a brief overview of developing strategies to maximize sales revenue and profitability. This leads to a conversation about the role of continuous improvements to reduce business costs, increase revenue, productivity and efficiency and how even small improvements in these areas can make a big difference to an organization’s profit margin.
Then we explore how making more significant changes to your business by entering new market or developing new products or services can increase profits. This course enable you to assess your business’s profitability and different ways you can grow it.
Learning Objectives
- Explore the development of strategies to maximize sales revenue and profitability.
- Identify the role of continuous improvements to reduce business costs, increase revenue, productivity and efficiency and how even small improvements in these areas can make a big difference to an organization’s profit margin.
- Discover how making more significant changes to your business by entering new market or developing new products or services can increase profits.
Included In Certifications
This course is included in the following Certification Programs:
8 CoursesImproving Productivity and Profitability Certification
- Introduction to Improving Productivity and Profitability
- Uncovering and Managing Costs
- Reviewing Products and Price
- Effectiveness and Cutting Waste
- Selling to Profitable Customers
- Tool kits and Techniques for Expansion and Development
- Boosting Productivity and Competitiveness
- Planning for Change and Growth
Prerequisites
No advanced preparation or prerequisites are required for this course.