Management for Ho.Re.Ca. Module 3
LEVEL 1
Management for Ho.Re.Ca. Module 3 - LEVEL 1
"Management for HO.RE.CA.Program" by Bar Academy contains 5 different modules.
Interested participants may attend any module in any order they desire.
It is aimed at new or experienced managers, as well as bar owners who want to learn or expand their knowledge in managing a contemporary and competitive bar.
Seminar or WebinarThe "Management for HO.RE.CA.Program" seminars are held in two ways: a) Seminar hold within Bar Academy of Athens b) Online (webinar) via ZOOM platform. The webinar version of the seminar is conducted live by our instructors and the presence of the students is necessary on the days and times of the scheduled seminar. The training provided is exactly the same in both ways. |
Success is a science. If you have the conditions, you will get the result.
Oscar Wilde
Module 3: Basics Business Economics – Strategy Analysis – Basic Manager Skills
The purpose of the educational Module 3 is to acquire all the necessary economic knowledge for non-economists!
Basic financial principles and terms used by businesses,are presented in this seminar. Particular emphasis is placed on accounting, budgeting, and cost as there are important operations of businesses.
The combination of this economic theory and the concept of strategic management & analysis is the pillar of business decision-making.
The third seminar of "Management for HO.RE.CA. Program" is about the concept of leadership and human resources management, as it is the businesses` competitive advantage
After completing Module 3, participants will be able to:
⁕ Understand basic financial terms
⁕ Separate the types of companies based on their legal status
⁕ Recognize the financial figures of accounting management
⁕ Understand the concept and necessity of strategic management of a business
⁕ Distinguish between the external and internal environment of the business
⁕ Prepare a SWOT analysis
⁕ Identify the types of strategy
⁕ Create competition analysis and identify the competitive advantage of their business
⁕ Be informed about the concept of leadership with the different styles and traits of leaders
⁕ Build successful teams
⁕ Resolve team conflicts within the organization
Certificate of Attendance .
A successful "Participant Assessment" is required in order to receive "Educational Program Attendance Certificate" which includes:
- Participation in all program presentations
- Completion and submission of assignments/exercises
- Evaluation of sufficient understanding of the material by the instructors .
The "Certificate of Attendance" is not awarded until the "Participant Evaluation" is successfully completed. Students may repeat the program, as per the “free repeat” policy - contact us for more information.
The "Management for HO.RE.CA. Program" seminars are held live in Athens and online via live webinar. The training provided is exactly the same in both ways.
Agenda
Basic terminology of financial terms (profit before tax, VAT breakdown,
profit margin etc.)
Basic financial statements: balance sheet, operating results, table
cash flows
Income, expenses
Purpose of accounting
Cash flow
Costing (forms and stages) basic concepts and definitions (ABC System)
Pricing (margin/mark-up)
Breakeven analysis
Productivity analysis
Strategic management model (formulation, implementation, control)
Strategic analysis of the external environment (micro-macro-PEST analysis,
Porter model)
SWOT analysis
Types of strategy (Development/Remediation)
Competitive Analysis & Competitive Advantage
Leadership theory - the different styles, and traits of the leader
Team building, team dynamics & development
Conflict resolution procedures
Seminar Price:
540€