Faculty Spotlight: Jim Nolen

Distinguished Senior Lecturer Jim Nolen has one question for executives: “What are the key levers people can pull to create value over time?” In his upcoming class, Financial Strategies for Value Creation, Nolen answers this question by placing participants in the CEO’s seat. 

Practical applications and experiential learning are critical to gaining new insight and information. As a capstone experience in the five-day class, participants compete in teams of two or three through comprehensive computer simulations to see who can create the most value over a five-year period. Participants must use the finance and accounting techniques they learned at the beginning of the class and pair them with real data in today’s economy to make successful decisions for the coming year. The purpose: to develop a better understanding of the integrated functional areas of a company.

With the rapid advancements in technology, the business industry is becoming an increasingly global field, and sitting in the CEO’s seat comes with its own challenges. For example, participants must take into account the variances in accounting principles and tax laws across cultural borders. If participants use the wrong information, they could end the simulation in bankruptcy.

Having spent time in South America, Europe, and Asia, Nolen has the global experience to bridge these cultural borders in the classroom and bring theory to practice.  “To succeed in today’s business environment,” he says, “we must take a larger global approach.”

Upcoming classes with Jim Nolen:

Finance and Accounting for Non-Financial Managers – October 10-14
Are you fluent in the language of business? Do you understand the tradeoffs between risk and return? Interpret your organization’s financial statements and understand how your decisions affect those numbers. Apply proven analytic tools to make sound business decisions.

Financial Strategies for Value Creation – November 7-11
Understanding the numbers only gets you so far – it’s how you apply information that matters. Create a plan to use your organization’s capital strategically.