Statistic |
Value |
Percentage of businesses that fail due to poor financial management |
82% |
Percentage of managers who feel unprepared to make financial decisions |
45% |
Average increase in profitability for businesses with financially literate managers |
16% |
As you can see from the statistics above, mastering financial decision making is essential for the success of any business. By obtaining the Level 6 Award in Financial Decision Making, managers can gain the skills and knowledge they need to make sound financial decisions that drive business growth and profitability.
In conclusion, mastering financial decision making is a critical skill for managers looking to excel in their roles. By obtaining the Level 6 Award in Financial Decision Making, managers can enhance their financial acumen and make informed decisions that benefit their organizations. Don't let poor financial management hold your business back - invest in your skills and take your financial decision-making abilities to the next level.
(Source: Financial Management Association International)