Financial Measures to be Focus of Lunch Program Presented by UB's TCIE

BUFFALO, N.Y. -- Managers who want greater insight into common financial measures used by successful companies may register for a business performance lunch series offered by the University at Buffalo's Center for Industrial Effectiveness (TCIE).

The first program, "Financial Management for Non-Financial Managers" will familiarize attendees with the application of financial measures and the effects they have on bottom-line valuation.

The 90-minute seminar starts at noon on Sept. 24 in the Ramada Hotel & Conference Center, 2402 N. Forest Rd., Amherst.

The cost is $59 and includes lunch. Registration is required by Sept. 10.

Facilitator Sriram "Sri" Vilayanoor will define EBITDA -- Earnings Before Interest, Taxes, Depreciation and Amortization -- and explain how this indicator of a company's financial performance impacts every stakeholder in the company.

Students will learn how proper management of balance sheets, income statements and cash-flow statements can positively affect EBITDA. A few advanced financial management concepts also will be discussed.

Vilayanoor, a transformation expert with TCIE, specializes in quality management systems, design of engineering and knowledge processes, business development strategies and operations management. He has improved operational efficiencies for a wide range of organizations in the United States, Canada, Argentina, China, Taiwan and India.

The Sept. 24 seminar is the first of four business lunch programs being offered by TCIE this fall. The series continues with a change management presentation on Oct. 22, a knowledge process management session on Nov. 19 and a workshop about non-profit project selection on Jan. 14.

For more information on any lunch series presentation or to register, visit http://www.tcie.buffalo.edu/seminars.htm, call 636-2568 or email klynch4@buffalo.edu.

TCIE provides a dynamic link between UB's expert resources and the region's business community. A program of the UB School of Engineering and Applied Sciences, TCIE fosters partnerships and manages projects as diverse as the region's businesses. TCIE is a premier provider of Lean Six Sigma training and mentoring. For more information on how TCIE can assist Western New York businesses, go to http://www.tcie.buffalo.edu.

The University at Buffalo is a premier research-intensive public university, a flagship institution in the State University of New York system and its largest and most comprehensive campus. UB's more than 28,000 students pursue their academic interests through more than 300 undergraduate, graduate and professional degree programs. Founded in 1846, the University at Buffalo is a member of the Association of American Universities.