The Department of Finance conducted a series of training sessions for SCG Public Company Limited’s personnel on Business Finance Management. The sessions provided employees from various departments with equal access to high-quality education on core financial concepts, enhancing their understanding of business finance.
The training covered the following key areas:
- The objectives of doing business
- The role of financial managers
- Financing decisions: How to raise capital, sources of funds, capital structure, and the cost of capital
- Liquidity management: Focus on working capital management
- Financial statement analysis: Including financial ratio analysis
- Investment decisions: Project evaluation and capital budgeting
By participating in these sessions, SCG employees gained critical insights and practical skills necessary for effective decision-making within the organization, including better resource management, financing, liquidity management, and investment evaluation. This knowledge is essential for ensuring business sustainability, enabling employees to make informed decisions that contribute to the organization’s growth and stability.
This initiative promotes partnerships between educational institutions and the business sector, helping enhance financial literacy among employees. It fosters a culture of continuous learning, empowering staff with the knowledge and skills needed to improve their job performance and contribute to the overall success of the company. This ongoing professional development ensures employees are better positioned to secure their jobs or access further employment opportunities, leading to economic growth.
This training supports the following Sustainable Development Goals (SDGs):
- SDG 4: Quality Education – Offering employees valuable financial education that enhances their skills and capabilities. This allows them to better serve the needs of their consumers, who stand to benefit from their expertise.
- SDG 8: Decent Work and Economic Growth – Equipping employees with the necessary skills to enhance job performance, business sustainability, and economic growth.
- SDG 17: Partnerships for the Goals – Strengthening collaborations between the business sector and educational institutions as well as various stakeholders to create a more sustainable future. This showcases the strength of a strong network and relationship that has been built over time.
In conclusion, this project not only empowers SCG’s employees but also contributes to broader economic development and sustainability, positioning the company as a key player in fostering long-term growth and innovation.
The 17 Goals
