Financial Business Simulation

Apples and Oranges -
Increasing Financial Business Acumen

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“After years of personally working with LSA around finance for non-financial managers, our company engaged LSA to do a specialized “train the trainer” program, and the consultant’s performance outdid our exceptionally high standards for such a program. 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 program is a unique one-day business simulation that teaches employees (both management and individual contributors) to understand the big picture of business operations, cash flow, and how individual decisions and actions impact profits – thereby increasing financial business acumen.

It is not a lecture. It is a “hands on” program 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 workshop, 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:

  • 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.

Versions

  • Manufacturing
  • Service
  • Retail/Distribution
  • Knowledge


Managers, individuals, project leaders, teams and salespeople.To speak with an LSA Expert and learn about customization and delivery options onsite at your company, please contact us.

Related Information

I consistently look to LSA Global when I need custom programs put together for my client groups. I can always count on LSA to do a thorough needs analysis and to put together spectacular programs that are well received. Their management development and performance management expertise and professionalism make them one of my top-rated learning and development partners.

Stephanie Webb
HR Program Manager

Rambus

For our go to training outsourcing partner, LSA provides exactly what we want. As always, they deliver outstanding work!

Elizabeth Siebert
Director, Organizational Excellence & Development

Intuit

Our company engaged LSA to do a specialized “train the trainer” program, and the consultant’s performance outdid our exceptionally high standards for such a program. 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. Our facilitators continue to comment on the success of the program. Thanks also for the follow-up.

Frank Abbott
Chief Financial Officer

Working with LSA Global has proven to be extremely valuable and worthwhile. LSA understands our business, has deep expertise in content areas, and tailors the programs to deliver great results. The facilitator was extremely knowledgeable about Working Globally with India and her energy and passion made the session interesting, fun, and enjoyable for all that attended. The participants walked away extremely pleased along with highly useful practices and tools. I would highly recommend LSA Global to any company that has partners or offices in India.

Glenn McGillivray
Human Resources Business Partner

Intuit

We have been very pleased with the high quality management development programs that LSA Global has delivered for us over the last four years by their world class facilitators. The knowledge gained by our management team has been put into practice very quickly. LSA consistently delivers excellent results and receives exceptional feedback from our management team. I highly recommend them to anyone looking to improve management capabilities.

Cindee Van Vleck
Director Human Resources

I had been working with LSA for many years with my prior company. Currently, I’m with a company who hadn’t done much basic management skills training. After identifying and presenting a program recently, our managers are excited and talking in the halls about the great experience. LSA saves us time in delivering the right training for our needs.

Phyllis Moracco
HR Director

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 need to supplement our own internal skills or resources, we use LSA knowing that we can depend on outstanding quality advice and solutions every time.

Margie Bunting
HR Manager

LSA Global brought a fresh perspective to our behavioral based interviewing strategy for key executive positions that we needed to fill.  Their consultant helped us to develop questions that produced a much deeper understanding of candidates’ capabilities. Throughout the process LSA was also very responsive in dealing with short lead time requests.  Thank you!

SPO Partners & Co
Kim Silva, CFO

LSA has become the gold standard in team building and management training at Genomic Health! I have a hard time finding facilitators that come close to their level of customization, expertise and experience.

Emily Couey
Director of Human Resources

We consider LSA our true business partner in the areas of Learning and Organizational Development. 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 to drive true business results.

Michelle A. Mitchell
Vice President, Worldwide Human Resources

We turned to LSA to customize and deliver a supervisory leadership solution to meet our unique needs. LSA delivered the exact top quality solution that we wanted. I’d recommend LSA Global to any company looking for a best-in-class management training and consulting partner that focuses on what matters most.

Kortney Riddle
HR Manager

We engaged LSA to design and deliver a 6-month custom executive coaching program to help a core group of senior leaders to leverage previous investments in management training, to ensure the engagement and retention of key employees, and to push critical strategic initiatives forward. Even with the high expectations of our senior people, LSA has completely exceeded our expectations. You can’t go wrong with LSA.

Ivan Fukumoto
Senior HR Manager - Staffing, Training, & Development

LSA’s consultant designed and delivered a team building solution for our recent conference. It included careful customization to integrate the design with our new mission and values. Everyone was engaged, learned, and identified key issues with our teamwork. Altogether a great and impactful program!

Bob Ward
Director of HR

We came to LSA Global to improve the overall behavioral based interviewing capabilities of our managers to increase the probability of both hiring top talent and future leaders. LSA designed a highly customized solution for our unique business model and culture. I would highly recommend LSA Global as a top quality consulting and training partner.

Rae Phillips
HR Project Manager - Training & Development, PHR

Harmonic has worked with LSA for over 8 years. We have found their partnership extremely beneficial. We recently implemented a Management Development Program that was designed and customized to support our company’s strategic initiative of hiring, building, and retaining key intellectual property and human talent. We worked closely with LSA to target and implement the right solutions with the greatest impact. I would recommend LSA to any company that’s looking for a trusted training and development partner.

Janice Passarello
Director of Human Resources

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