Onsite Programs - Project Management,
Leadership Development, and Management Development
High Level Business Simulation: Increasing
Business Acumen
In this business simulation management
teams of three to four people, each with specific roles and
accountabilities, compete with other organizations in a dynamic
marketplace.
Each team determines their specific business
strategy and then makes decisions regarding the allocation of
resources, projects to implement, people to hire, and customers
to pursue. The team with the highest market value (the combined
value of tangible and intangible assets) at the end of the
session wins the competition. Over eight simulated time periods,
teams experience a systems perspective involving team
negotiation and collaboration; internal and external
competition; resource and asset allocation; and strategic
investments and trade-offs.
Participants learn that the competition for
internal and external resources requires strategy, ingenuity,
and the ability to understand multiple organizational
perspectives.
Objectives:
- Determining sources of competitive advantage
and applying these to business decisions.
- Creating value by leveraging the knowledge flow
among people, customers, and organizational tools and processes.
- Making decisions from a big picture
perspective.
- Understanding management negotiation and
collaboration in limited resource conditions.
- Analyzing the financial impact of implementing
various business strategies.
- Balancing the tension between achieving
short-term tangible returns and creating long-term value.
- Understanding and analyzing financial
statements and key financial performance indicators.
Management and High Potentials
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