Efficient businesses speak a common language and consistently out-perform the market
Raise financial and business acumen to gain advantage
Understand how your business makes money
Immerse multi-disciplined teams in the way your business works, show them how it performs when you change processes, release new products and compete for new clients. Participants gain an essential overview of how each function operates, how money flows through the business and what impacts bottom line and top line results. They learn how each decision has a financial consequence and how to interpret and prepare basic balance sheet and P&L (income statement) reports.
Through a better understanding of how to control cash moving in and out of the business, they can help contribute to the key measures of business success: gross profit, net profit and shareholder value.
The simulation provided good insight in the financial models we use to manage our business and where I can contribute
What does it look like and how does it work?
Our business simulations are fast-paced, challenging, board-based experiences that focus on establishing robust business and financial acumen across multi-disciplined teams at all levels. They are typically delivered with groups of 12-24 participants, divided into small teams of 3 or 4 competing with each other under changing market conditions. Bespoke versions of these simulations replicate the exact working environments in specific businesses and take participants through historical and hypothetical challenges that test their commercial decision making and prepare them for likely future events.
Each team will set out a business plan, buy and sell products, hire employees, make capital investments, take out loans, research the competition and make decisions based on their position in the marketplace.
The goal is to create more profit and value than competing teams, while maintaining positive cash flow. In between each competitive round, participants receive immediate feedback from experienced facilitators and reflect on their decisions, before executing the next phase of their plan.