“After years of personally working with LSA around finance for non-financial managers, our company engaged LSA to do an experiential financial business simulation. Very crucial to the success of this program was the work done upfront to discuss our needs and to interview key members of our organization so that the program specifically met our goals. Wonderful job as always.”
Frank Abbott | Chief Financial Officer | Community Health Group
Description
This proven financial business simulation teaches both managers and individual contributors to understand the big picture of business operations, cash flow, and how individual decisions and actions impact profits over 3-4 simulated fiscal years – thereby increasing financial business acumen.
It is not a lecture. It is a “hands on” and experiential financial business simulation in which participants work through a variety of exercises on a business model workmat. They get to deal with critical issues – such as which activities add value for customers, reducing cycle time and inventory, supplier relations, investment in new technology, efficient utilization of resources, and the impact of different business strategies on revenues.
After participating in the financial business simulation, participants understand the fundamentals of business finance and how capital circulates throughout the company. They are able to interpret financial reports, understand financial ratios, and appreciate how their daily actions and decisions impact profitability. And they have a better overall understanding of business and of how their company makes money.
Sales participants will be able to apply the same principles to their customers’ businesses and will gain a competitive advantage by demonstrating their ability to improve profitability.
By actually moving capital around the simulated company and dealing with real business issues, participants acquire:
Target Audience
Managers, individuals, project leaders, teams and salespeople who will benefit from developing a solid business sense that can help guide their decisions in everyday work.
Financial Business Simulation Versions Available
To speak with an LSA Expert and learn about customization and delivery options onsite at your company, please contact us.
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