Financial Basics for Talent Development Professionals
Whether making a pitch to a prospective consulting client, presenting a business case to an internal executive, or interviewing for a new job, having an understanding of financial fundamentals can be very beneficial. Although forking out $100,000 for a top-notch MBA education will certainly guarantee a high level of financial acumen, it is entirely possible – with less time and for much less money – for talent development practitioners to gain comfort and confidence with information contained in corporate financial reports. This meeting will provide an easily comprehensible overview of the two key statements companies use to communicate their financial performance – the income statement and the balance sheet.
During this meeting, participants will:
- Understand how companies share financial information with various audiences
- Review financial statements from actual companies
- Perform basic calculations on selected financial data
- Learn how to draw critical observations with even a minimal amount of analysis
About Mike Thompson
Mike Thompson currently serves as Director, Talent & Organizational Development at Grifols, a global pharmaceuticals/bioscience company. He has over 30 years of experience in the fields of learning & development, leadership development, organizational development, and management consulting. He has worked in both external and internal roles with major American and Japanese corporations, including State Farm Insurance Companies, Kaiser Permanente, The Cheesecake Factory, PepsiCo, Kraft Foods, Avon, Pratt & Whitney, Toyota, Panasonic, Komatsu, Daiichi Seimei Life Insurance, and Kaneka Chemical Corp.
Outside of his corporate career, Mike has held adjunct teaching positions at the University of Virginia, the University of California, Berkeley, California Lutheran University, and California State University, Channel Islands.
Mike earned his bachelor's degree in Psychology from Tulane University, and his MBA degree from the University of Virginia.
About the Special Interest Group
For additional information or questions kindly contact Rachel Karu at rachel@raedevelopment.com (310) 441-1104
There is street parking available
Please bring in books you wish to donate. Each month we rotate who will bring breakfast. Whoever brings breakfasts gets to choose one of the donated books as a "thank you."
