To get stakeholder buy-in for our performance improvement initiatives, we need to know enough about finance to speak knowledgeably about our function’s impact on the numbers. This Infoline will help you understand basic financial concepts and terms so that you can gain credibility in the eyes of stakeholders and prove the value of your training programs. Topics covered include:

• how  to apply financial measures to training and performance improvement programs

• the four major areas of finance: revenue, assets, expenses, and liabilities

• financial reporting 

• how to measure profitability.

This issue also includes easy-to-follow charts that illustrate financial concepts, as well as job aids and checklists that will help you make your financial case to business leaders.