Business Basics for Maintenance and Operations

In this course, we will focus on approaching M&R like a business and strategic thinker. We will focus on how to conduct and communicate ROI, basic math to build budgets and business cases, articulating messages to leadership, accounting, and all other business functions, building and using a M&R strategic approach, truly engaging teams, delegating effectively, in other words all the things needed to approach M&R like a business. 

Learning Objectives for this 2-day course include the ability to:

• Build a business case for justifying projects and technologies.
• Understand the importance and role of leading and lagging indicators to transform your department or organization.
• Communicate effectively, and in convincing fashion, with all levels of the organization.
• Create and drive effective strategy and tie it to a zero-based budget.
• Conduct, communicate and sell Return on Investment approaches to capital.
• Tie finance and accounting principles to maintenance.
• Understand the impact of cost reduction in the truest sense.
• Engage your team and evolve your culture with a winning strategy.
• Link day-to-day activities of maintenance to the organization objectives.