Last week, my 4 year-old daughter started school, and I’ve been thinking about the sort of things she’ll be learning. While the curriculum is wide-ranging, it’s likely my daughter will receive very little education throughout her schooling about how money works.
I recently read that our attitudes to money are largely formed by the age of 7. And another recent study revealed that only 15% of adults feel they have “high” levels of financial literacy, a picture which also seems to be true among business managers.
Many businesses spend large proportions of learning budgets on leadership development programs focusing on helping managers lead themselves and others. However, with the requirement sitting with learning and development to drive a more skills-focused learning agenda, it is critical to equip managers with the bigger picture understanding of how their business works and how their decisions influence outcomes.
Visible Value provides an opportunity for participants to gain financial literacy and commercial acumen by competing to build a sustainably profitable business. Ultimately, this allows people to learn in a few hours what could potentially take months or years in their day job.
Check out this quote from a recent Visible Value course we ran for commercial managers at PepsiCo:
