The Great Game of Business:

Introduction

If the strategy is to create a “Business of Business People” it follows that employees must learn the language of business – the financials. Nothing can duplicate the informal, practical learning that comes with keeping score and huddling around the real numbers day in and day out. But, there is definitely a place for formal financial training – if it is done right.

Great Game of ProfitAbility – Business Simulation

In this two-day course, The Great Game of Business will help managers and employees greatly improve their understanding of business processes and the key metrics that drive business success. Through a no-nonsense, interactive approach, this program will help employees become better, more confident business decision makers.

The Big Idea

Six teams of two to four players compete head-to-head in a replica of a real world open market environment. They go through several business cycles, making everyday business decisions governed by steps on a detailed checklist. As the game progresses, players encounter increasingly complex, mind-expanding business concepts and events (promotions, streamlining, taxes, depreciation) that teach them how to develop strategy, make smart purchases, adjust to ever-changing market demands, forecast more accurately, and improve profit and cash flow. And that’s just the beginning.

Two-Day Course Outline

• Objectives of the Program
• The Moving Balance Sheet Demonstration
• Business Activity Cycle
• Setting a Price: Covering Fixed Costs
• Financial Ratios
• Differentiation & Cost Leadership:
  • Strategies for Success
  • Options Added into Simulation
• The Impact of Strategy
• Dividends & Shareholder Value
• Creating Value
• Managing Return on Investment
• Where Does my Job Make a Difference?
• Analyzing my Business Unit
• Action Plan: Where Do We Go From Here?

Who Should Attend

• Managers from organizations practicing The Great Game of Business who would benefit from advanced financial training and an understanding of the business from an owners perspective
• Owners and managers in business not practicing The Great Game of Business but need a practical understanding of the businesses finances
• Supervisors and employees in Great Game companies that have successfully completed basic financial literacy training and are ready for advanced training

What's Included

Two day training including all workshop materials and lunch both days.

Tags: Financial Literacy » Simulation