Overview: A business simulation designed to teach employees (both management and non-management) to understand the big picture of business operations, the fundamentals of business finance, cash flow, and how various decisions and actions impact a company's profitability.
Participants work through a variety of exercises on a business model workmat. They actually move capital around the company and deal with issues facing all companies in today's demanding business environment: streamlining operations, investment in new technology, activities that add value for customers, supplier relationships, reducing cycle time, cutting costs, and efficient utilization of resources.
Versions:
Manufacturing Service Retail/Distribution Healthcare Knowledge
Clients: Cerner Corporation Dunn & Bradstreet Hewlett Packard General Electric Kraft Foods Honeywell Siemens Sprint 3M
Objectives:
» An understanding of the circulation of capital and how this impacts profitability.
» An appreciation for various business strategies and how successful implementation of these strategies impacts a company's financial picture.
» The ability to read and interpret financial documents such as income statements and balance sheets.
» An understanding of important financial ratios (return on assets, return on equity, profit margins, economic value added, etc.).
» New ideas on ways to positively impact the bottom line and the ability to estimate the dollar value of these ideas.
» An understanding of how the utilization of resources at varying levels of efficiency directly impacts profitability.
Apples & Oranges