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Onsite Programs - Project Management,
Leadership Development, and Management Development
Management Development:
Service/Knowledge-Based Organization Business Simulation
A unique management development program designed specifically for
knowledge organizations - companies or departments in which people
and processes are the key assets (research & development, software
development, healthcare, engineering).
The management principles and behaviors
that are effective in traditional manufacturing companies are not
effective in organizations that rely heavily on professionals with
high levels of expertise and education. Managers who are successful
in knowledge organizations focus on attracting and keeping key
personnel and they understand how intangible assets (image,
know-how, competencies) are directly linked to financial results.
During this seminar, participants are
divided into four-member management teams. Each team is given a
company to run for seven annual cycles, pursuing a business strategy
in order to maximize profits. The teams compete for the same
customers and personnel as they play out their strategies. The
program is challenging and fast-paced. Objectives:
- Develop and implement the most effective
strategies to increase a company's market value.
- Account for and measure the intangible assets of
a knowledge organization when doing a financial analysis.
- Identify key performance indicators that apply
to knowledge organizations.
- Sets up an opportunity for participants to
experience how functioning as effective teams and pulling in the
same direction impact the company's overall performance.
- Apply the concepts of capacity utilization
(effective management of resources) and cash flow when making
decisions which impact short-term profitability.
- Effectively manage the financial balancing act
of investing in new products and services, expertise, and image
while maintaining the confidence of stakeholders and customers.
- Understand how to leverage a company's image to
retain and attract desired customers and employees.
Management and High Potentials
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