Financial Business Simulation

experiential financial business simulation

Financial Business Acumen Training

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“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

“This financial business simulation successfully supports our efforts to establish a value oriented culture among all employees. That’s what will make the difference in performance in the marketplace!

Chief Financial Officer | Siemens

“The feedback from the financial business simulation was fantastic. 

It perfectly demystified the fear of finance, increased financial confidence, and greatly raised people’s understanding of the financial, operational, and business impact of decisions and investments.

Mark Davis | Finance Director, Global Supply Chain | Spirax-Sarco Engineering

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 focused on key business drivers and the concepts of business acumen, financial literacy, cash management, operational decision-making, working capital, capacity utilization, and collaboration.

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.

Participants 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:

  • An understanding of the circulation of capital and how this impacts profitability.
  • 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.).
  • An understanding of how the utilization of resources at varying levels of efficiency directly impacts profitability.
  • An appreciation for various business strategies and how successful implementation of these strategies impacts a company’s financial picture.
  • The realization that every day they make many different types of financial decisions.
  • New ideas on ways to positively impact the bottom line and the ability to estimate the dollar value of these ideas.

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.

Live or Virtual Financial Business Simulation Versions Available for:

  • Manufacturing
  • Service
  • Manufacturing — Sales
  • Retail
  • Healthcare

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

Related Information

We have worked with LSA Global for our learning and development needs and have always had great success.

They helped us recently with targeted and customized Management Training Workshops to fit our unique situation, and they were fantastic.

I highly recommend LSA to anyone that is attempting to help take their leadership and management talent to the next level.

Mary Johnston
HR Manager, BU Radiology Informatics

We partnered with LSA Global to help us invest in our people. LSA custom designed an impactful management curriculum to help upskill our key managers and leaders.

We consider LSA to be our trusted learning and development partner and a valued extension of our team as we rapidly scale.  Thank you LSA!

Lisa Bruun
SVP Human Resources

Ellie Mae

We consider LSA our true business partner.

From Strategic Facilitation and Planning to Presentation Skills and Management Training, they continue to provide excellent value and extremely high quality solutions that make an impact.

I recommend them to anyone looking for a practical approach to drive true business and people results.

Michelle A. Mitchell
Vice President, Worldwide Human Resources

In my years working with LSA, it seems like I’ve had proven and thoughtful experts at my fingertips to help me identify and deliver the right solutions to satisfy our unique needs.

The entire LSA team has become a trusted friend of Actel — ensuring we provide state-of-the-art coaching, leadership development, and management training programs to meet our complex and ever-changing business and people needs.

Linda Mitchell
Training Manager

LSA helped change our entire culture around meetings, making them more effective and efficient, thus enabling our leaders, managers, and teams to concentrate on driving more business.

Thank you!

Terry Wassman
VP of Human Resources

I had been working with LSA for many years across a few different companies.

Currently, I’m with a company who hadn’t done much new manager training. LSA designed and delivered exactly what we needed at this stage in our life cycle.

Our managers are excited, talking in the halls about the great experience, and applying what they learned.

LSA makes things easy and practical for us.  Thank you!

Phyllis Moracco
HR Director

LSA exceeded all my expectations.

We interviewed 7 potential training and consulting partners and selected LSA due to their expertise, flexibility, and breadth and depth of leadership solutions.

We were able to design a highly focused and relevant management training course that fit our unique needs.

Our leaders and managers galvanized as a team and are better prepared for the rigors of a leading their teams in a very competitive and fast-changing market.

Mitch Mandich
CEO

Edify

I am very impressed with the quality of work and talent. LSA did a great job of listening to my needs and providing the exact management training program expertise we needed to get the job done.

Don Pryor
Director, Business Planning & Analysis

I highly recommend LSA Global to anyone who is looking to improve individual and organizational effectiveness through highly customized and top quality leadership and management training programs.

LSA’s broad range of expertise is a wonderful resource.

Greg Pappas
VP of Human Resources

For our go to training outsourcing partner, LSA provides exactly what we want and need – which is not an easy task.

As always, they design and deliver outstanding leadership development results and high quality management training programs that totally align with our unique business and talent strategies!

Elizabeth Siebert
Director, Organizational Excellence & Development

Intuit

We contacted LSA to help us design and deliver customized management development programs. LSA worked with us to meet our exact needs. We started at the top with our executive team.  It was such a great success that we rolled it out company-wide. We look forward to a long-term partnership with LSA Global and their team of experts.

Barry L. Byrd, SPHR
Human Resources Manager

What a refreshing change from the half-baked psycho-babble you normally get from training and consulting organizations. LSA gives you the practical and results-oriented assistance you need to define and reach your goals.

Their leadership, management, and sales expertise has been invaluable.  They think strategically and provide a results driven plan – not just a temporary fix.

They are great to work with, and even more importantly, they “get it!”

David Fiano
Director of Merchandising

I continue to be impressed by the level of leadership development training 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 assess and develop high performing leaders.

Tracy Esposito
Director

zynga LSA Global gaming client

I appreciate that each management development program is preceded by a thorough training needs assessment of the participants that informs a design to fit the specific parameters and needs of the group.

The highly interactive delivery is provided by recognized experts in their fields. On the spot coaching is provided during the program and each participant receives individual follow-up after the course.

Courses can be delivered in-person or virtually.

Given the nature of Cisco’s business and the way we operate, these remote workshops are a must for anyone who joins our company. Their work is eye opening. Great content and fantastic delivery.

Frank J. Kuypers
Business Development Manager

Harmonic has worked with LSA for over 8 years. We have found their partnership extremely beneficial.

We recently implemented customized Management Development Programs designed to support our company’s strategic initiative of hiring, building, and retaining key intellectual property and human talent.  It has had the greatest impact.

I would recommend LSA to any company that’s looking for a trusted training and development partner to take their leaders and managers to the next level.

Janice Passarello
Director of Human Resources

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