MVCC Cash Flow Work Key Learnings from Quarter Essay
Part I: Decisions for Quarter One. Prior to working on your Decisions for Quarter One, review the following through the Growing Your Business simulation, the “Suggestions for Quarter 1” pop-up screen, any Quarter One Internal Emails and/or Memos, and watch the Preparing Your Financial Commitments video. The pop-up will be available at the lower left (Blue Guidelines) of the Executive Summary Decisions Tab and the video, emails, and memos can be re-accessed through the Help section. Additionally, read Turning bean counters into difference makers: How corporate finance is changing with the times, Why financial dashboards matter, and Five pointers to get you started, and What are your financial statements telling you.
The Decisions for Quarter One Assignment
Must be completed through the Growing Your Business simulation.
Consider the following questions as you prepare your annual budget/plan (if the answer is “No” to any of the questions you may be at a Competitive Disadvantage and lack critical information to draw inference from):
Did you
Request/purchase the Marketing Report and Business Intelligence Dashboard (BID)?
Utilize the 3 available role plays for Qtr.1?
Consider in the R&D Projects (other than Project 2, for which you may want to complete funding in Qtr.1)?
Must use the Role Play.
It is critical you read the details of the role play very carefully and any questions should immediately be referred to the Help Desk.
You can gain differentiated competitive advantage through effective use of the role play.
Some role players only provide qualitative information, while others provide the ability to negotiate with quantitatively.
The role play is a scarce resource because of the limited number of calls per quarter.
Must submit your Quarter One Budget Plan.
Periodically, as you modify inputs to use the “Model My Plan” at the lower right to see the impact of your decisions on the Financial Metrics.
Input your financial decision and then click on the blue Submit My SRO button on the bottom right of the Quarterly Decisions screen.
You must submit your Quarter One Decisions prior to moving on this week’s Quarterly Business Review assignment.
Part II: First Quarter Quarterly Business Review (QBR). You must submit your Quarter One Decisions prior to moving on this week’s Quarterly Business Review assignment. Prior to beginning work on the First Quarter Quarterly Business Review, review the following through the Growing Your Business simulation, the Variance Analysis video and the content from the Suggestions for Quarter Two Decisions pop-up. The video will provide you with a variety of financial tools, routinely used in Financial Planning & Analysis, for planning, meeting commitments and growth purposes. These are tools any business leader, regardless of function, needs to have a working knowledge. Real world examples will be presented throughout the simulation. You can always re-watch the Variance Analysis video in the Supplementary Review Materials in the Help section. In addition, there is a TRI Corp Critical Equation in PDF format that can also be found in the same section. Additionally, read Turning Bean Counters Into Difference Makers: How Corporate Finance Is Changing With the Times, Why Financial Dashboards Matter, Five Pointers to Get You Started, and What Are Your Financial Statements Telling You.
With the completion of Q1 you are responsible for completing your first Quarterly Business Review (QBR). This is a qualitative and quantitative summary of your competitive performance for Q1. Business reviews (or Operational Reviews) are a routine part of annual corporate activities and are very cross-functional in nature. A major component of a QBR is around meeting commitments that are embedded in your budgetary planning process. Meeting commitments are seen explicitly in your Variances. These learnings are designed to enhance your performance in future Quarters.
The Quarterly Business Review Assignment
Must be completed through the Growing Your Business simulation.
After logging in, go to the Quarterly Decisions tab on the top right of the simulation site and then click on the Executive Summary tab to access the Quarterly Business Review section.
Must be completed and submitted using all of the data provided including
Quarterly Pre-Tax Net Income relative to Plan for the Quarter
Cash Flow walk
Pre-tax Net Income in Plan
Must show that Hisco is on track to Meet/Exceed its Annual Net Income Commitment through an evaluation of both quantitative and qualitative techniques for business analysis and decision making.
Must create specific business tactics to achieve organizational survival and growth.
Part I: Decisions for Quarter Two. Prior to beginning work on the Decisions for Quarter Two, carefully review the content found in the “Suggestions for Quarter 2” pop-up screen and read any Quarter Two Internal Emails and/or Memos available through your Growing Your Business simulation. The pop-up will be available at the lower left (Blue Guidelines) of the Executive Summary Decisions Tab and the video, emails, and memos can be re-accessed through the Help section.
The Decisions for Quarter Two Assignment
Must be completed through the Growing Your Business simulation.
Consider the following questions as you prepare your annual budget/plan (if the answer is “No” to any of the questions you may be at a Competitive Disadvantage and lack critical information to draw inference from):
Did you
Request/purchase the Marketing Report and Business Intelligence Dashboard (BID)?
Utilize the 4 available role plays for Qtr.2?
Consider in the R&D Projects?
Must use the Role Play
It is critical you read the details of the role play very carefully and any questions should immediately be referred to the Help Desk.
You can gain differentiated competitive advantage through effective use of the role play.
Some role players only provide qualitative information, while others provide the ability to negotiate with quantitatively.
The role play is a scarce resource because of the limited number of calls per quarter.
Must submit your Quarter Two Budget Plan.
Must not have a short-range outlook over the credit limit.
Periodically, as you modify inputs, use the “Model My Plan” at the lower right to see the impact of your decisions on the Financial Metrics.
Input your financial decision and then click on the blue Submit My SRO button on the bottom right of the Quarterly Decisions screen.
You must submit your Quarter Two Decisions prior to moving on this week’s Quarterly Business Review assignment.
Part II: Second Quarter Quarterly Business Review (QBR). You must submit your Quarter Two Decisions prior to moving on to this week’s Quarterly Business Review assignment. Prior to beginning work on your Second Quarter Quarterly Business Review, review the content from the Suggestions for Quarter Two Decisions pop-up and your Business Intelligence Dashboard. The graphics in the dashboard should provide you with the trends (that is the time series data is growing) in data to critically analyze your competitors for the few two quarters their positions for the longer term.
With the completion of Quarter Two, you are responsible for completing your second Quarterly Business Review (QBR). This is a qualitative and quantitative summary of your competitive performance for Q2. Business reviews (or Operational Reviews) are a routine part of annual corporate activities and are very cross-functional in nature. A major component of a QBR is around meeting commitments that are embedded in your budgetary planning process. Meeting commitments are seen explicitly in your Variances. These learnings are designed to enhance your performance in future Quarters.
In your Growing Your Business simulation,
Evaluate quantitative and qualitative techniques for business analysis and decision-making.
Utilize tools from finance, marketing, information technology and human resources management to manage the profitability of overall business operations in the second quarter.
The Second Quarter Quarterly Business Review Assignment
Must be completed through the Growing Your Business simulation.
After logging in, go to the Quarterly Decisions tab on the top right of the simulation site and then click on the Executive Summary tab to access the Quarterly Business Review section.
Must be completed and submitted using all of the data provided including
Quarterly Pre-Tax Net Income relative to Plan for the Quarter
Cash Flow walk
Pre-tax Net Income in Plan
Must show that Hisco is on track to Meet/Exceed its Annual Net Income Commitment through an evaluation of both quantitative and qualitative techniques for business analysis and decision making.
Must create specific business tactics to achieve organizational survival and growth.