“You Decide” Business Simulation

Increasing Business Acumen by Running Your Own Business

“We value our relationship with LSA Global. They focus on understanding our business situation and helping us succeed. LSA continues to deliver top quality consulting and leadership solutions that are highly customized for our business and culture. I would highly recommend LSA Global as a top quality resource to anyone looking to greatly improve the skills of their leadership, management, and project teams.”
Bonnie S. Olson | VP Human Resources | Lutheran Social Services

Description:
This proven Business Acumen Simulation is a full enterprise business simulation that focuses on cross-functional thinking, cross-functional decision making, strategic planning and decision making.

Participants are grouped into teams and given a hypothetical company to manage for two years. Each team establishes a vision, sets objectives, implements strategies, and fully controls its organization. Each quarter, teams make over 28 different decisions that affect their bottom line, concurrent and future decisions, and other teams’ results. Teams receive feedback on their profitability, cash flow, sales and production reports, quality status, customer surveys and competitive benchmarks, human resource issues, and on the effectiveness of their overall decisions.

Several brief case studies from the company’s recent past are used to teach and reinforce the concepts explored in the simulation. Company executives co-facilitate to ensure that the simulation has the highest relevance to and impact on what participants need to do and the realities of the business.

The overall objective of this three-day computer-based business simulation is to increase managers’ ability to make better business decisions, create greater alignment around executing initiatives, and design more efficient cross-functional processes. The program and customized case studies provide managers with a real/near-real, hands-on experience that naturally breaks down business silos and facilitates team building in a dynamic environment.

Managers will be introduced to new skills and be put in situations where they must use and fine-tune them. At the conclusion of the program, they will be better able to:.

Objectives:

  1. Make more effective business decisions.
  2. Demonstrate a higher level of business acumen.
  3. Plan, decide, and execute strategies as part of a cross-functional team.
  4. Apply more sophisticated finance and accounting skills within the context of managing a business.
  5. Assess alternative business decisions using financially-based analysis and criteria.
  6. Develop business plans that balance strategic, functional, and financial criteria.
  7. Understand and recognize the importance of:

  • Planning at all levels of the organization.
  • Interrelationships among Finance, Marketing, Sales, HR, R&D, Engineering, Operations, etc.
  • The need to communicate and plan jointly with managers of other functional areas.
  • Market and economic factors and how they influence the company’s performance.
  • “Balanced” business plans and why they are so vital in today’s competitive world.
  • Income statements, cash flow analysis, and balance sheets.
  • Commitment to quality elements and continuous improvement.

Team Presentations
At the end of the simulation each team makes a final presentation to the group summarizing its simulation activities in four key areas:

  1. Strategy: The team’s strategic plan.
  2. Finances: A summary of its financial performance and operating results.
  3. Learning: Applications of tools and concepts covered during the workshop.
  4. SWOT Analysis: Strengths and weaknesses of the team’s business plan and decisions.

Each team receives a computer-generated performance analysis. The performance analysis details how each team’s company performed relative to the competition and provides the basis for an informed debriefing session.

Target Audience:
Leadership, Management and High Potentials

To speak with an LSA Expert and learn about business simulation program customization and delivery options onsite at your company, please contact us.

Related Information

As a high growth digital marketing agency with cutting edge talent, we hired LSA Global to help clarify our strategy and work with our management team to implement it throughout the New York Office in a way that made sense for our unique culture . That work was so successful that we also hired them to coach one of our key leaders. LSA has been instrumental in helping us transition to a new leadership team and triple the revenue in our New York office. In this age of useless consultants, I highly recommend their practical and business-oriented approach to strategy, culture and talent.

David Bentley
General Manager

AKQA

Redwood Trust looked to LSA Global as a consulting partner to help us explore innovative and scholarly approaches to promote employee engagement and sustain the unique culture we’ve built over the last decade.

LSA helped us perpetuate coaching as a discipline across the organization by integrating our core values, goal setting and performance measurement metrics under an interactive coaching program.

We appreciate LSA’s commitment to cutting-edge practices and keeping us in step with the progressive front of our rapidly changing workplace environment.

Rosalyn Chan
Vice President, Human Resources

Redwood Trust

LSA helped us design and deliver a blended learning solution for our leaders to help drive our growth plans in a way that aligned with our specific culture and values. LSA understood our business, had deep expertise in the content areas, tailored the programs to fit our specific needs, and delivered great results. They constantly strive to deliver business impact and align their solutions with our business initiates, culture, and performance management systems. I highly recommend them to anyone looking to take their leaders to the next level.”

Beth A. Taylor
Vice President of Human Resources

Thoratec

LSA demonstrated the criticality for executives to look beyond current ethics topics and focus on applying fundamental values in everything they do to demonstrate true leadership. They successfully delivered in two hours what most leadership development presenters would spend an entire day trying to communicate.

Nick Voyvodich, SPHR
HR Manager

Fujitsu

We consistently receive positive feedback about the quality of the LSA Leadership Training Programs and LSA facilitators. We recognize and appreciate the hard work LSA always goes through to align to our unique culture and meet our specific requirements. Thank you for regularly going above and beyond to design solutions to meet our needs. Your support and dedication, both on the strategic and tactical side, have been outstanding!

Anna Meyer
Leadership Development

Intuit

I continue to be impressed by the level of leadership development and management expertise and quality of advice and facilitation that LSA has to offer. What a smart and client-centric group of great people who really know how to help leaders attract, engage, develop and retain top talent.

Tracy Esposito
Director, HR Business Partner

LSA is an excellent training outsource partner! They listen to our needs, are responsive and work at a pace that keeps up with ours. We have found LSA to bring strategic and innovative solutions to meet our business problems by partnering effectively with our staff. I consider them to be an external extension of our team.

Wendy Chinn
Sr. Director, Global Sales Enablement

I contacted LSA to help us with leadership development. LSA worked with me to identify a solution that would match our needs as well as our personality. The solution was such a huge success. It received rave reviews. I would highly recommend LSA to other companies.

Karen King, SPHR
Manager, Human Resources

Alliance Data

We partnered with LSA Global to help us invest in our people. LSA designed a modular and customized management curriculum that allows us to deliver top quality solutions to our managers and leaders. We consider LSA to be our learning and development partner and our LSA consultants to be an extension of our team.

Lisa Bruun
SVP Human Resources

Ellie Mae

It was a challenge to find a consultant with an approach to performance improvement that fit our unique culture and style. When we met with LSA we were surprised to discover their depth of expertise in the fields of motivation, developmental coaching and performance management and measurement.

Specifically, we were pleasantly surprised to find a company that could seamlessly integrate those three components without our folks feeling like the intervention was forced. They understood what we were trying to accomplish, helped us clarify our objectives, create a solid, refreshing approach that quickly got us moving and engaged people at all levels.

As they began to implement, I was thoroughly impressed with how they listened and made adaptations focused on our needs and business objectives. Overall, I couldn’t be happier that we found a partner in LSA.

Doug Hansen
President and Director

Redwood Trust

We selected LSA Global over 5 other companies to help some key executives improve their overall communication and executive presentation capabilities. Feedback has been great. Everyone had a great experience and many of them are feeding some of the lessons into their teams. I highly recommend LSA to any executive team looking to better organize and more effectively deliver key messages to C-Level individuals.

Todd Power
Office of the CEO

You have become our premier change leadership strategic partner. Your expertise in the human side of change is unparalleled and enabled our company to successfully implement our ERP Solution.

Ted Ramlet
CIO & SVP

McKesson

The action-learning leadership project has been very beneficial to me, our leadership team, and the entire organization. The balance of development and results has been excellent. We have made huge progress, and I was also able to identify 2-3 high potentials while having the extra benefit of people stepping up to carry strategic projects forward. The Staff is very appreciative and has become very comfortable with both the program and the process. It is still going better than anticipated, and I have been very pleased.

Heather Feltman
President & CEO

LSS

Thank you for a great leadership development session today. The facilitator was brilliant, and we really enjoyed his style and personality. The sales team got a lot out of it (as did I). I believe it will help us create an even higher performance environment by ensuring we have a common understanding of our environmental structure and are all working towards the same goals.

Simon Jefferson
Managing Director

AKQA

Over the years, both at 3Com and now at Redback, I’ve found LSA Global to be a valuable resource. The recent compliance program that they delivered for Redback’s executive and management team was the right solution, of the highest of quality, and customized to our business and culture. I would highly recommend LSA to any company looking for top quality solutions.

Gina Fulton
Vice President of Human Resources

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