“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 workshop uses a business decision-making simulation titled “DECIDE II- a Full Enterprise Business Simulation.” The simulation focuses on several competencies, including cross-functional thinking, cross-functional decision making, strategic planning, and financial 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

We recently hired LSA to help us take our client delivery methodology to the next level as we continue to grow and help our clients succeed. The custom strategy and design session exceeded my expectations. They really understood our business and turned around the project within a tight timeframe. LSA’s consultants were the best I have seen for this type of project. LSA’s ability to get a group of 20+ executives from around the globe on the same page, push their thinking to new heights, and ensure an executable plan was excellent. I would recommend LSA to anyone looking to take their plans and execution to the next level.

Rob Sturgeon
EVP Client Delivery

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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
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LSA is an instrumental training outsourcing partner in helping us to build management capacity and strategically invest in our people. Their flexibility, depth, and breadth of expertise allows us to deliver top quality solutions that are directly tied to key business plans. Their ability to custom design, deliver, and evaluate our Management Curriculum has been excellent. They are true business partners and a pleasure to work with.

Margaret M. Mader
Vice President, Human Resources

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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

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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

The customized leadership styles and coaching program was the best training that I have ever attended. The facilitators were phenomenal. They have a wealth of experience and knowledge coupled with compassionate and caring styles. I’d highly recommend this leadership training program to any manager, director, or executive looking for a life changing leadership program.

Shoaleh Ghaffari
Director, HR

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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

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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

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We have had a very beneficial partnership with LSA for over 2 years. The recent Leadership Development Program that they designed and customized with us to help us identify, develop, and retain top leaders in the organization was a huge success. It was instrumental in helping take our company and our key people to the next level. I would recommend their training and consulting services to anyone looking to develop and retain top talent.

Steve Janowsky
Vice President of Operations

Proxicom

We reviewed the top Leadership Development offerings for one of our Senior Research Scientists and selected LSA’s 12 month Leadership Program based upon the value and systemic approach. The feedback on the program, approach, and results was phenomenal. While the other programs better known, they were more theoretical and did not compare in terms of practicality, quality, and results.

Stacey Porter
Senior Manager Learning and Development

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“We turned to LSA to help us custom design and deliver a leadership and management development curriculum to help drive performance. They have done an excellent job diagnosing the business situation, designing an approach that fits our culture, and delivering a first class solution.”

Sally Buchannan
VP Human Resources

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We signed up with LSA early on–as their 22nd Member! Since then, our organization’s learning needs have increased and decreased and increased again with the changing times. The beauty of the LSA business model is its flexibility…when we needed to supplement our own internal resources, we used LSA services knowing that we could depend on the outstanding quality of the leadership development and management training programs they provide.

Margie Bunting
HR Manager

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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
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LSA’s approach has certainly brought value to Knight Ridder Digital. They were laser focused on our goal and determined to meet all of our Leadership development program needs. Their flexibility and commitment were keys in making our program successful.

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Great job in designing the Mergers and Acquisition strategy session for our global team. The executive presentation and information was excellent. I gained additional insight on the importance of the role of HR in Mergers and Acquisitions.

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