Financial Business Simulation

Financial Business Acumen Training

Share:
Facebook Twitter Google+ Email

“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:

  • 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.

Financial Business Simulation Versions Available

  • Manufacturing – Sales
  • Manufacturing – Service
  • Retail/Distribution
  • Healthcare


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

Related Information

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 program for our events management team. LSA demonstrated responsiveness, flexibility, and an innovative approach to working with us.

Deanna Rudnitsky
Senior Manager, HR Destiny Sales Region

The Managing Virtual Teams program was extremely valuable. LSA’s consultant’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. My team walked away walked away with highly useful practices and tools. It was excellent.

Debra Martucci
Vice President, Information Technology

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

Terry Wassman
VP of Human Resources

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 solutions. We were able to construct a management training course from the modules most appropriate to our needs, and are able to provide additional training from their well developed portfolio of experts. Our managers galvanized as a team throughout the session and are better prepared for the rigors of a competitive market.

Mitch Mandich
CEO

Edify

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 people situations that our managers face every day. I regard LSA as an excellent partner that understands our business needs and a virtual member of our HR department.

Judith Onton
Vice President Human Resources

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 goal.  They 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’s customized Effective Presentation Skills program has helped me elevate my presentation skills to the next level. I now have a much greater self-awareness of my presentation skills and can leverage off of my strengths while working to improve upon other areas. I would definitely recommend this solution to anyone for whom business presentations are an integral part of their job.

Jim Elliott
Senior Marketing Manager

Samsung

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 continue to be impressed by the level of leadership development, 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 leaders attract, engage, develop and retain top talent.

Tracy Esposito
Director, HR Business Partner

We partnered with LSA Global to help us invest in our people in the areas of performance coaching, diversity, and inclusion. They focused on helping us succeed and were very flexible in meeting our specific needs. LSA exceeded my expectations from a speed, quality, and value standpoint. I would recommend LSA to anyone looking for a true business partner.

Anita Luckinbill
Director, Human Resources

I highly recommend LSA Global to anyone who is looking to improve individual or organizational effectiveness through their top quality programs and broad range of expertise.

Greg Pappas
VP of Human Resources

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

We recently partnered with LSA Global to offer our Supervisors and Managers a customized two-day experiential management training program. Everyone said it was by far the best management training program they had ever attended. The content was rich and highly interactive, and the case studies were highly relevant to our unique situation. Each participant walked away much better equipped to lead their teams.  Thank you LSA!

Jeff Coon
Director of Human Resources

LSA always helps us provide the right sales, management, and leadership programs at the right time to meet the unique needs of both individuals and departments. I especially appreciate their ability to deeply understand our business and our culture so that they can recommend the appropriate solutions.

Sarah Parks
Senior Project Manager

Hyperion

In my years working with LSA, it seems like I’ve had a personal consultant at my fingertips to help me identify just the right solution to satisfy our needs. The entire LSA team has become a trusted friend of Actel — assuring we provide state-of-the-art learning to meet our complex, high-tech business and people needs.

Linda Mitchell
Training Manager

Evaluate your Performance

Toolkits

Download key published insights and tools from industry experts highlighting best practices in the areas of talent, strategy and culture.

More

Health Checks

Want to know how you stack up against leading organizations?  Receive a complimentary benchmarking analysis courtesy of an LSA Expert.

More

Whitepapers

Get up to speed on timely solutions critical to your business. Published by LSA Experts based upon client feedback and key industry trends.

More

Methodologies

First we identify the key metrics you want to improve. Then we assemble a dedicated team of elite experts who have successfully solved similar problems with similar clients.

More

Blogs

Stay up to do date with the latest information on how we help high growth companies align their culture and talent with strategy.

More

Client Case Studies

Real world consulting and training approaches from LSA projects, providing insights on how your company can outperform the competition.

More