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Credit Department’s Toolkit: Strategy, Planning, and Implementation
Online course for your credit department's strategy and planning that helps you achieve your goals and objectives
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  • Lesson Overview
  • Resources
  • Discuss
“Without a strategy, execution is aimless. Without execution, strategy is useless.” - Morris Chang.
 

Strategizing refers to the managerial process of forming a vision, setting goals, crafting a strategy. This process requires the right improvements over time for achieving the long-term goals of an organization. 

How exactly can the credit department achieve its goals and objectives?

It is the continuous planning, track keeping, analysis, and assessment that could help credit teams achieve their goals and objectives.

What will you learn? This course has been designed for trade creditors to understand the importance of strategizing and the best practices to implement the SMART Goals for your department.

Watch this tutorial to begin structuring your department’s strategic plan. Define the Vision and Mission of your company and turn goals into strategies and action plans using this course.

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Instructor
Robert S. Shultz · Founder, Quote to Cash Solution
Robert Shultz has had a thirty-year career as a global credit and financial executive for large multinational companies. As a Founding Partner of Quote to Cash Solutions (Q2C) LLC, he provides consulting services in all aspects of the credit and collections process for companies of all sizes in a variety of industries.
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Credit Department’s Toolkit: Strategy, Planning, and Implementation

Online course for your credit department's strategy and planning that helps you achieve your goals and objectives

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About this course

promoImage
description
lessonOverview
“Without a strategy, execution is aimless. Without execution, strategy is useless.” - Morris Chang.
 

Strategizing refers to the managerial process of forming a vision, setting goals, crafting a strategy. This process requires the right improvements over time for achieving the long-term goals of an organization. 

How exactly can the credit department achieve its goals and objectives?

It is the continuous planning, track keeping, analysis, and assessment that could help credit teams achieve their goals and objectives.

What will you learn? This course has been designed for trade creditors to understand the importance of strategizing and the best practices to implement the SMART Goals for your department.

Watch this tutorial to begin structuring your department’s strategic plan. Define the Vision and Mission of your company and turn goals into strategies and action plans using this course.
   
resources Coming Soon
discuss Coming Soon
instructor
name title image description
Robert S. Shultz Founder, Quote to Cash Solution Robert Shultz has had a thirty-year career as a global credit and financial executive for large multinational companies. As a Founding Partner of Quote to Cash Solutions (Q2C) LLC, he provides consulting services in all aspects of the credit and collections process for companies of all sizes in a variety of industries.
recommendation
image tag title description link duration
Portfolio Analysis Effective Credit and Collection Strategies During Recession Learn how to manage portfolios, credit, and collection tactics during the recession. https://academy.highako.com/collections-strategy-during-recession-course 60 min
Credit Policy Eliminating B2B Payment Frauds | Check and Bulk Transfer Frauds Learn all about check frauds, bulk transfer, and internal fraud in B2B payments. https://academy.highako.com/business-fraud-elimination-course 60 Min
KPIs and Reporting Understanding Credit and Collections KPIs Understand how collections and credit KPIs to help you understand metrics like DSO, Collection Effective Index, and other AR metrics. https://academy.highako.com/understanding-the-credit-and-collections-kpis-course 120 Min

Curriculum45 Mins

  • The Strategic Planning Process Obstacles, the Value, Where to Start (~ 15 Mins)
  • Preview
    Obstacles Faced During Strategic Planning
  • Preview
    ROI of the Time Taken Behind Strategizing
  • Preview
    Things You Need to Know About Strategic Planning
  • How to Begin a 'SWOT' Analysis For Your Department
  • Implementing Your Strategic Goals, & Action Plans (~ 15 Mins)
  • How to Turn Goals into Strategies and Action Plans
  • What to Do In Case of a Dominant Market Position
  • 4 Ways to Prioritize Gaining Market shares
  • How to Maintain Strategic Relationships
  • Steps to Begin with Strategic Planning & Performance Tracking
  • Developing a Strategic Plan for Your Credit Department (~ 15 Mins)
  • How to Begin With Structuring of Your Department’s Strategic Plan
  • Best Practices to Think Strategically
  • Understanding Goals, Strategies, Activities, and Tasks with Examples
  • Key Things to Consider While Turning Goals into Strategies and Action Plans

About this course

promoImage
description
lessonOverview
“Without a strategy, execution is aimless. Without execution, strategy is useless.” - Morris Chang.
 

Strategizing refers to the managerial process of forming a vision, setting goals, crafting a strategy. This process requires the right improvements over time for achieving the long-term goals of an organization. 

How exactly can the credit department achieve its goals and objectives?

It is the continuous planning, track keeping, analysis, and assessment that could help credit teams achieve their goals and objectives.

What will you learn? This course has been designed for trade creditors to understand the importance of strategizing and the best practices to implement the SMART Goals for your department.

Watch this tutorial to begin structuring your department’s strategic plan. Define the Vision and Mission of your company and turn goals into strategies and action plans using this course.
   
resources Coming Soon
discuss Coming Soon
instructor
name title image description
Robert S. Shultz Founder, Quote to Cash Solution Robert Shultz has had a thirty-year career as a global credit and financial executive for large multinational companies. As a Founding Partner of Quote to Cash Solutions (Q2C) LLC, he provides consulting services in all aspects of the credit and collections process for companies of all sizes in a variety of industries.
recommendation
image tag title description link duration
Portfolio Analysis Effective Credit and Collection Strategies During Recession Learn how to manage portfolios, credit, and collection tactics during the recession. https://academy.highako.com/collections-strategy-during-recession-course 60 min
Credit Policy Eliminating B2B Payment Frauds | Check and Bulk Transfer Frauds Learn all about check frauds, bulk transfer, and internal fraud in B2B payments. https://academy.highako.com/business-fraud-elimination-course 60 Min
KPIs and Reporting Understanding Credit and Collections KPIs Understand how collections and credit KPIs to help you understand metrics like DSO, Collection Effective Index, and other AR metrics. https://academy.highako.com/understanding-the-credit-and-collections-kpis-course 120 Min

Curriculum45 Mins

  • The Strategic Planning Process Obstacles, the Value, Where to Start (~ 15 Mins)
  • Preview
    Obstacles Faced During Strategic Planning
  • Preview
    ROI of the Time Taken Behind Strategizing
  • Preview
    Things You Need to Know About Strategic Planning
  • How to Begin a 'SWOT' Analysis For Your Department
  • Implementing Your Strategic Goals, & Action Plans (~ 15 Mins)
  • How to Turn Goals into Strategies and Action Plans
  • What to Do In Case of a Dominant Market Position
  • 4 Ways to Prioritize Gaining Market shares
  • How to Maintain Strategic Relationships
  • Steps to Begin with Strategic Planning & Performance Tracking
  • Developing a Strategic Plan for Your Credit Department (~ 15 Mins)
  • How to Begin With Structuring of Your Department’s Strategic Plan
  • Best Practices to Think Strategically
  • Understanding Goals, Strategies, Activities, and Tasks with Examples
  • Key Things to Consider While Turning Goals into Strategies and Action Plans