This course has been very educational for me.

In the last 9 weeks, I have added to my library of management

tools. Learning the skillsets to become a better manager on the business side of an organization. The
useful takeaways that I have learned are:
1. It is importation to look at data both qualitatively and quantitively. Better decisions are derived when both
types of data are analyzed.
2. Risk is part of every decision made in an organization. Any uncertainties from risks could be
better communicated to stakeholder. With the right communication, frequent updates and
transparency, the investors would feel at ease, trust the company and remain willing to invest
in the company.
3. Time value of money should be considered when making investments. The value of a dollar
on hand today is worth more than a dollar in the future. Time value of money are used to
value investments and understand if they are justified or not.
4. A company that is looking to grow needs to understand what is best for the business. Should
the company grow organically by focusing on the customers, reinvesting profits and improve
productivity or the company should grow inorganically by joint venture, licensing,
franchising, strategic alliance or merger and acquisitions.
5. The conditions of a business can be represented by multitude of ratios. The ratios tell the
state of the business through numbers derived from 10K reports. These ratios give a picture
of business heath to investors, stakeholders and people who are interested in the company.
I would make use of all the tools I have learned in this class to ensure marketing and strategy business plans
throughout my MBA studies are accurate, clear, convincing and successful. I would be thorough in making
decisions, considering risks, opportunities, rewards, and prevent failures. I would develop multiple scenarios
and have contingency plans, generate frequent updates to feel the pulse of the business and adjust as required.
The tools I have learned will help develop my skills in developing marketing and strategy business plans.
I hope to break through the ranks of middle management in the future. Tools I learned in this class will help
me understand the conditions of the business and use data to help develop a roadmap or a strategic plan that
would benefit the company. I would make informed decisions and attempt to put the company I work for in a
position where it will succeed. The learnings from this course will give me the knowledge to use the financial
concepts to better the company performance and be a contributing member of a successful organization.