Heide Ebeling

Background

About Heide Ebeling

Hello and welcome! How nice that you drop in! My name is Heide, I am trainer, coach and consultant, my main focus is on financial management. In other words: I am a „translator“ between finance and the rest of the company´s world. Why do I do that? • Every day there are a lot of decisions to be made in a company. And each decision has an influence on these financial targts. Therefore, it is of crucial importance that all people in a company have an idea of the business´ finance to understand the impact of their decisions. • I strongly believe that a company´s success is directly linked to the involvement of the people. The better people understand the company the more they can make the right decisions and increase the company´s profitability. • „To understand the company" means the WHOLE company, not just the core business but also the financial part of it. • But the financial side of the company, the key performance indicators (KPIs), is very often like a foreign language for the people. Of course, the main KPIs are communicated by the management regularly but this doesn´t mean that the people understand them. Sales, yes, that is common knowledge, but what is a contribution margin, maybe even CM I, II and Where is the difference between EBITDA and EBIT? And why is a company profitable but running out of cash? • And the big question in the end – how can these KPIs positively be influenced? How do I work? • To really experience Financial Management you have to do it. That means you need a company. Well, a bit difficult but that´s the point where the Business Simulation enters the scene. • A Business Simulation reflects the complex system of a company in a simplified way and offers a protected space for being an entrepreneur. The participants develop their own strategy and have to implement it against the other competing teams. • The Business Simulation is very engaging and combines two things which make learning successful: doing it yourself and fun! Do you find this topic interesting or do you have questions? Just get in contact with me: heide.ebeling@p1-c.de or 0049 521 54373929.