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LinkedIn Learning

Corporate Finance: Profitability in a Financial Downturn

via LinkedIn Learning

Overview

Learn how to protect business profitability during a recession or financial downturn.

Syllabus

Introduction
  • The biggest challenges in a downturn
  • Corporate finance priorities
1. Measure Twice, Cut Spend Once
  • Two ways to boost profitability
  • Getting your numbers together
  • Cleaning your numbers
  • Prioritizing spend areas
  • Benchmarking your costs
  • Setting off-limit topics
2. Making Cuts
  • Prioritizing your vendors
  • Negotiating with vendors
  • Reverse auctions
  • Exiting contracts
  • Reducing physical overhead
3. Asset Recovery and Divestiture
  • Asset recovery
  • Asset identification
  • Asset redeployment
  • Asset divestiture
4. Labor Cost Cutting
  • Labor force considerations
  • Reducing overtime
  • Layoffs: The last move
  • Two pieces of advice

Taught by

Jason Schenker

Reviews

4.6 rating at LinkedIn Learning based on 98 ratings

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