Finance with MARGA at Georg Fischer
MARGA as part of the Financial Management Training
FMT at Georg
Fischer – the CFO Project
This is leadership culture in action: the CFO of Georg Fischer Ltd regularly takes time to train the industrial corporation’s managers together with his team. The focus is on the financial impact of operational management decisions. The one-week Financial Management Training (FMT) is an obligatory part of the Corporation’s standard management development process.
The training covers all management-related topics:
- Annual financial statements and analysis,
- strategic and operational controlling,
- the Group’s own value management system,
- investment and cost controlling,
- tax and risk management,
- planning, control and auditing.
Participants will gain an in-depth insight into the financial management of the Swiss industrial group.
Targets of the FMT
- Application of business management tools
- Understanding of the controlling system of Georg Fischer AG
- Raising awareness of strategic financial issues
- Intensification of communication between the finance team and
operational managers - International networking
Seminar contents of the FMT
- Financial accounting
- Annual financial statements and key figures
- Value-based management
- Cost controlling, risk management and internal audit
- MARGA Management Simulation as an integrated transfer tool
- Social Networking Events
What responsibles at Georg Fischer say
Our predominantly technically trained managers need a deep understanding of the financial environment in which they work. Business management know-how is absolutely critical to our success as a listed company. In addition, we want to deepen our personal contact with our operational colleagues. This is why we launched the FMT a few years ago.
Dr. Roland Abt,
former CFO of Georg Fischer AG
In the business game, managers learn how their management decisions affect the corporate performance system and the value of the company. This is exactly what we want to achieve with this program.
Daniel Bösiger
Department head Corporate Controlling and Investor Relations
MARGA is an integral part of the program and ensures the practical transfer of the seminar content. In alternation with the theoretical input from the financial experts, the participants manage their virtual company. They are in direct competition with their seminar colleagues.
The MARGA management teams create a global corporate strategy, manage the areas of marketing, production and finance and pursue the goal of sustainably increasing the company’s value. The simulation scenario and controlling model are tailored to Georg Fischer in terms of content and didactics.
Thanks to the great commitment of the CFO and his management team, the FMT is an outstanding component of business management development within the Georg Fischer Corporation. MARGA is delighted to be part of this success story.
Do you have any questions?
We will be happy to help you!
