Class Central is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

LinkedIn Learning

Corporate Finance: Profitability in a Financial Downturn

via LinkedIn Learning

Go to class Write review
Corporate Finance Institute Ad

Master Finance Tools - 35% Off CFI (Code CFI35)

Learn More → Coursera Ad

Coursera Plus Annual Nearly 45% Off

Learn More →

Overview

Coursera Flash Sale
40% Off Coursera Plus for 3 Months!
Grab it
Learn how to protect business profitability during a recession or financial downturn.

Syllabus

Introduction
  • The biggest challenges in a downturn
  • Corporate finance priorities
1. Measure Twice, Cut Spend Once
  • Two ways to boost profitability
  • Getting your numbers together
  • Cleaning your numbers
  • Prioritizing spend areas
  • Benchmarking your costs
  • Setting off-limit topics
2. Making Cuts
  • Prioritizing your vendors
  • Negotiating with vendors
  • Reverse auctions
  • Exiting contracts
  • Reducing physical overhead
3. Asset Recovery and Divestiture
  • Asset recovery
  • Asset identification
  • Asset redeployment
  • Asset divestiture
4. Labor Cost Cutting
  • Labor force considerations
  • Reducing overtime
  • Layoffs: The last move
  • Two pieces of advice

Taught by

Jason Schenker

Reviews

4.6 rating at LinkedIn Learning based on 329 ratings

Start your review of Corporate Finance: Profitability in a Financial Downturn

Go to class

Never Stop Learning.

Get personalized course recommendations, track subjects and courses with reminders, and more.

Sign up for free
Someone learning on their laptop while sitting on the floor.