Free Webinar: How to Get Financial Management Buy-in for Innovation

In today's rapidly changing business landscape, companies must constantly innovate to stay competitive. However, implementing new innovative business models, configurations, offerings (products and services), and experiences come with inherent risks. Getting management buy-in is the biggest challenges for innovators as you can see below.

This is where financial modelling and Monte Carlo simulations comes in. By using Monte Carlo simulations, you can gain a deeper understanding of the financial implications of your innovative changes, helping you make more informed decisions, unlock the true potential of a business and get management to approve your innovation business case.

That's why the FORTH Innovation Institute organises on June 26 a Free Webinar to help you become a great financial modeller for innovation. Join us and register now for this FREE WEBINAR June 26 from 13.00-14.15 CEST online via this link: https://us02web.zoom.us/meeting/register/tZUsdeurrjgtHtPb-uVqSr64AQnljHMD7JyN

Financial Monte Carlo experts and certified FORTH Innovation Method facilitators Coenraad Middel and Divan Swanepoel CA(SA) will introduce you to better financial modelling for innovators.

Who Should Attend:

This is an introductory talk to Monte Carlo (and not aimed at experienced users):

• Business owners and executives who are considering introducing new business configurations, offerings, and experiences
• Innovation Consultants and - professionals who want to gain a deeper understanding of how Monte Carlo simulations can help them and their clients make better decisions on innovative new business cases.
• Management or anyone interested in learning about the benefits of sophisticated business modelling and how it can help businesses make better decisions?

There are five take-aways for you from this webinar:

1. Understand financial impact: Analyze and quantify how your innovative changes affect your finances, enabling better decision-making.

2. Identify and manage risks: Model multiple scenarios and test key variables to proactively identify and mitigate risks.

3. Unlock hidden opportunities: Discover the potential benefits and untapped opportunities within your innovation projects.

4. Effective communication: Communicate financial outcomes of innovations to stakeholders, fostering understanding and alignment.

5. Increase probability of success: Robust analysis of success probability helps you make confident decisions by considering multiple outcomes.

I hope you join us on June 26, to improve your financial innovation modelling skills.

Innovative regards

Gijs van Wulfen

LinkedIn TopVoice, Founder FORTH Innovation Institute, Keynote Speaker