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ITD1001 – Financial Business Storytelling (2 Days)

OVERVIEW

Financial storytelling allows you to find the “why” behind your numbers and is the difference-maker for better decision-making. These financial storytelling examples provide insight into how to improve your storytelling to become a true strategic finance partner. Financial storytelling refers to the practice of using narrative techniques to communicate financial information and concepts in a compelling and engaging manner. It involves combining the principles of storytelling with financial data and insights to create a narrative that captivates and educates the audience.

Financial storytelling really starts with a deep understanding of what the business cares about and getting data in place to track it. Your data infrastructure, the financial technology you use every day produces your story. If you set up your system properly and record your transactions, the story manifests easily. You don’t have to spend hours, weeks, or months putting the story together the facts are automated.

That automation frees you up to focus on the narrative. It’s the fun part of finance where you get to dig into the numbers and distill complex topics into a language your business partners and investors can understand. Financial storytelling aims to make complex financial information more accessible and relatable to a wide range of stakeholders, including employees, investors, customers, and the general public. It goes beyond presenting dry facts and figures by framing financial data within a meaningful context, emphasizing the impact of financial decisions and outcomes.

For companies, financial information plays an incredibly supportive role in the decision-making process. Learn from these financial storytelling examples on how you can make company growth an adventure instead of mystery or thriller through the practical application of metrics and your company’s key performance indicators (KPIs).

Upon successful completion of this course, participants will be able to:

  • Understand the importance of storytelling in financial business communication.
  • Develop the ability to craft compelling narratives that effectively communicate financial information and insights.
  • Learn to structure financial stories to engage and influence stakeholders.
  • Enhance communication and presentation skills to deliver financial stories with impact.
  • Apply storytelling techniques to simplify complex financial concepts for diverse audiences
  • Typically spans 2 days (9am to 5pm).
  • Nonetheless, we can customize both the program’s duration and schedule to cater to unique client requirements (e.g., compact 1-day workshops or extended sessions beyond 3 days).
  • Financial professionals (e.g., analysts, accountants, investment bankers)
  • Business executives and managers
  • Sales and business development professionals
  • Investors and stakeholders
  • Entrepreneurs and startup founders
  • Communication and marketing professionals

PROGRAM OUTLINE

  • Contextualize the financial landscape.
  • Explain the importance of understanding the financial context when crafting narratives.
  • Recap of Day 1.
  • Discuss the role of financial decision-making in storytelling.
  • Demonstrate how to incorporate financial decision-making processes and considerations into narratives.
  • Explore common financial goals and challenges faced by businesses.
  • Explain how storytelling can effectively highlight these goals and challenges.
  • Examine the potential consequences of financial actions and decisions.
  • Discuss how storytelling can illustrate the impact of financial actions on different stakeholders.
  • Provide strategies to enhance financial storytelling skills.
  • Share techniques for creating engaging and impactful narratives.
  • Explain the importance of providing meaningful context in financial narratives.
  • Discuss how to incorporate relevant data, facts, and real-world examples to support the storytelling process.
  • Discuss the effective use of graphs and charts in presenting financial information.
  • Explain how to choose appropriate visual representations and integrate them into narratives.

PROGRAM METHODOLOGY

  • Hands-on Activities: Practical exercises to reinforce theoretical concepts.
  • Group Discussions: Opportunities for peer-to-peer learning and exchange of ideas.
  • Role Plays: Simulations of realistic situations to build practical skills.
  • Feedback Sessions: Reviews and reflections to encourage improvement.
  • Problem-solving Exercises: Develop critical thinking and decision-making skills.
  • Experiential Learning: Learning by doing, promoting active involvement.
  • Interactive Lectures: Engaging presentations by experts in the field.
  • Case Studies: Real-world scenarios for learners to apply their knowledge.
  • Quizzes & Tests: Regular assessments to track learning progress.

Positive vibe from the instructor, make u more confident, improve the message transfer

Financing Administrative

Sector: Manufacturing

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