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

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

ebay

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

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’s customized Effective Presentation Skills program has helped us elevate our presentation skills to the next level. I personally now have a much greater self-awareness of my presentation skills and can leverage my strengths while working to improve upon other areas.

I definitely recommend LSA Global to anyone for whom presentations are an integral part of their job.

Jim Elliott
Senior Marketing Manager

Samsung

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 consistently look to LSA Global when we need help.

I can always count on them to do a thorough needs analysis and to put together impactful and well-received leadership programs.

Their proven and outcome-based management development and performance management expertise make them my top-rated learning and development partner.

Stephanie Webb
HR Program Manager

Rambus

I’ve been associated with LSA for the last 8 years and have found them to be extremely professional and client-focused.

I’ve participated in a number of solutions ranging from Performance Management to Leadership Training.  I’ve found the quality to be superior.

They are always well prepared and have definitely done a considerable amount of pre-work in order to customize to our unique culture and goals.

Duane Schroeder
Human Resource Manager

In the Next Generation Management Training Programs, I was trained with practical and relevant skills and tools that have made me and my team more productive, motivated, and successful at collaborating with each other and other departments.

 

Kevin Ashman
Firmware Engineering Supervisor

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

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

Over the years, both at 3Com and now at Redback, I’ve found LSA Global to be a valuable partner. The recent management programs that they delivered for Redback’s executive and management teams was the right solution, of the highest of quality, and customized to fit our unique business and culture. I would highly recommend LSA to any company looking for top quality solutions.

Gina Fulton
Vice President of Human Resources

LSA custom designed a Management Development program that is absolutely “on target” for our technical managers .

Their facilitator has done a superb job delivering the material in a way that is fast paced, highly interactive, and fun. She presents practical solutions to the critical people situations that our managers face every day.

I regard LSA as an excellent partner that understands our business needs and an important virtual member of our HR department.

Judith Onton
Vice President Human Resources

LSA is an instrumental training outsourcing partner helping us to build leadership and management capacity while strategically investing in our people.

LSA’s flexibility, depth, and breadth of expertise allows us to deliver top quality solutions that are directly tied to key business plans and talent management strategies.

Their ability to custom design, deliver, and evaluate high impact Management Training Programs has been excellent. They are true business partners and a pleasure to work with.

Margaret M. Mader
Vice President, Human Resources

Hyperion

LSA has been a tremendous asset at my current company and my past company.

As an HR leader, I am always looking for ways to find external resources that can provide impactful leadership and management development expertise. LSA consistently does that for me.

The tools and practices are crisp, business relevant, and easy to apply on the job.

Ken Boehm
VP of Human Resources

I’ve partnered with LSA Global at two companies now, and I consider them a valuable and trusted partner. They always design and deliver just the right solution and have wonderful facilitators that match your company’s unique culture and style of management. I would highly recommend LSA for high quality learning solutions with true experts who have your best interests at heart.

Maya Paul
HR Director

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