Together with William, one of our coaches, Ufinity has given a concrete and pragmatic training about cash.
This training took place at the Thomas Cook offices, all aligned with the Thomas Cook branding, and was addressed to everyone who is being confronted with cash (both financials and non-financials).
The training consisted of three sections:
1/ high level financial background of Thomas Cook;
2/ impact of managerial decisions on cash flows with a focus on working capital management;
3/ hands-on guidelines to maximise operational cashflow.
The trainer was very well-prepared, together with some key-persons from Thomas Cook. The training was set up based on the preparations and the invitations were sent to the attendees (finance and non-finance). Everyone within Thomas Cook could participate, so every department was able to follow the training. This led to a very interactive and especially concrete session with an open view regarding the future.
Concrete proposals came out of the training which, after a thorough analysis, will be implemented in the business. This way everybody can participate in our business based on cash.
The awareness about cash is a fact!