Financial Business Simulation that Works

“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 4- to 12-hour 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 (e.g., 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. 8-24 participants per facilitator in teams of 4.

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

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

LSA helped us with leadership development by designing a solution to match our unique needs and culture.

It was a huge success. I would highly recommend LSA to help take leaders and managers to the next level.

Karen King, SPHR
Manager, Human Resources

We gave LSA a very short deadline to customize an important management training program to meet our unique requirements.

Their facilitator was excellent, an expert in the subject matter, and very credible with our teams.

The targeted design provided practical and valuable information and skills that our managers truly needed.

I highly recommend LSA Global, particularly in the area of management training.

Julaine K. Souza
Senior Vice President

The customized Managing Virtual Teams program was extremely valuable for our managers and leaders.

LSA’s fundamental knowledge of our company provided an incredible base to build upon while tackling the complications of managing and working with globally distributed teams.

Our teams walked away walked away with highly useful insights, practices, and tools. It was excellent.

Debra Martucci
Vice President, Information Technology

Here’s a token of my appreciation for ALL your efforts. I’m offering my most sincere thanks, and it extends to all the folks who made our customized management development programs such a great success.

Susan Anderson
Workforce Planning Bureau

LSA’s approach and ability to bring the right leadership and management expertise and approach to eBay has been a great asset.

They really focus on helping us succeed in any way they can and definitely lifted up our leadership and management development capabilities.

Mike Normant
Learning & Development

Avon’s success is dependent on strong relationships among our Customers, Representatives, Associates, and outside resources we hire to help us meet our business objectives.

We were very pleased with the results from working with LSA Global to design and facilitate a custom management training program for our events management team focused on decision making and delegation.

LSA demonstrated responsiveness, flexibility, and a highly innovative approach to working with us.

Deanna Rudnitsky
Senior Manager, HR Destiny Sales Region

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

LSA has become the gold standard for team building and management training programs at Genomic Health!

I have not found companies that come close to their level of customization, impact, expertise, and experience.

Emily Couey
Director of Human Resources

We turned to LSA to help us custom design and deliver a action leadership and management development curriculum to help drive performance across the company.

They have done an excellent job diagnosing the business situation, designing an approach that fits our unique culture, and delivering first class solutions. Thank you!

Sally Buchannan
VP Human Resources

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

LSA understands our business, has deep expertise in content areas, and customizes their approach to deliver great results.

The facilitator was extremely knowledgeable about working virtually across cultures. The passion, practices, and tools made the session interesting, fun, and highly valuable.

I highly recommend LSA Global to any company that has global partners or offices.

Glenn McGillivray
Human Resources Business Partner

Our company engaged LSA to do a specialized business presentation skills and a “train the trainer” program.

They outdid our exceptionally high standards.

The upfront work to interview key members and customize everything to our unique situation made all the difference. Thanks to everyone!

Frank Abbott
Chief Financial Officer

We turned to LSA to customize and deliver a 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 always focuses on what matters most to your people AND your business.

Kortney Riddle
HR Manager

LSA Global has been a great partner in helping us move toward being “the leading developer of talent in the service performance management industry.”

I have engaged LSA to help develop best-in-class programs in the areas of: Executive On-boarding, Manager Training, Sales Training and Coaching, Employee Engagement, and Instructional Design.

They have consistently met or exceeded my (very) high expectations and are always responsive to my needs to increase performance, engagement, customer satisfaction, and sales growth.

Mike Normant
Senior Director, Training & Development