“You Decide” Business Simulation

Increasing Business Acumen by Running Your Own Business

“We value our relationship with LSA Global. They focus on understanding our business situation and helping us succeed. LSA continues to deliver top quality consulting and leadership solutions that are highly customized for our business and culture. I would highly recommend LSA Global as a top quality resource to anyone looking to greatly improve the skills of their leadership, management, and project teams.”
Bonnie S. Olson | VP Human Resources | Lutheran Social Services

Description:
This proven Business Acumen Simulation is a full enterprise business simulation that focuses on cross-functional thinking, cross-functional decision making, strategic planning and decision making.

Participants are grouped into teams and given a hypothetical company to manage for two years. Each team establishes a vision, sets objectives, implements strategies, and fully controls its organization. Each quarter, teams make over 28 different decisions that affect their bottom line, concurrent and future decisions, and other teams’ results. Teams receive feedback on their profitability, cash flow, sales and production reports, quality status, customer surveys and competitive benchmarks, human resource issues, and on the effectiveness of their overall decisions.

Several brief case studies from the company’s recent past are used to teach and reinforce the concepts explored in the simulation. Company executives co-facilitate to ensure that the simulation has the highest relevance to and impact on what participants need to do and the realities of the business.

The overall objective of this three-day computer-based business simulation is to increase managers’ ability to make better business decisions, create greater alignment around executing initiatives, and design more efficient cross-functional processes. The program and customized case studies provide managers with a real/near-real, hands-on experience that naturally breaks down business silos and facilitates team building in a dynamic environment.

Managers will be introduced to new skills and be put in situations where they must use and fine-tune them. At the conclusion of the program, they will be better able to:.

Objectives:

  1. Make more effective business decisions.
  2. Demonstrate a higher level of business acumen.
  3. Plan, decide, and execute strategies as part of a cross-functional team.
  4. Apply more sophisticated finance and accounting skills within the context of managing a business.
  5. Assess alternative business decisions using financially-based analysis and criteria.
  6. Develop business plans that balance strategic, functional, and financial criteria.
  7. Understand and recognize the importance of:

  • Planning at all levels of the organization.
  • Interrelationships among Finance, Marketing, Sales, HR, R&D, Engineering, Operations, etc.
  • The need to communicate and plan jointly with managers of other functional areas.
  • Market and economic factors and how they influence the company’s performance.
  • “Balanced” business plans and why they are so vital in today’s competitive world.
  • Income statements, cash flow analysis, and balance sheets.
  • Commitment to quality elements and continuous improvement.

Team Presentations
At the end of the simulation each team makes a final presentation to the group summarizing its simulation activities in four key areas:

  1. Strategy: The team’s strategic plan.
  2. Finances: A summary of its financial performance and operating results.
  3. Learning: Applications of tools and concepts covered during the workshop.
  4. SWOT Analysis: Strengths and weaknesses of the team’s business plan and decisions.

Each team receives a computer-generated performance analysis. The performance analysis details how each team’s company performed relative to the competition and provides the basis for an informed debriefing session.

Target Audience:
Leadership, Management and High Potentials

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

Related Information

Having tripled in size and recently merged, LSA helped our executive team to increase our level of strategic alignment, solidify our new direction and push our agency forward. As we look to rapidly scale, the clear and actionable critical few strategic moves combined with how we differentiate ourselves to our top accounts and target clients has really set us on a great path to success. This is exactly what we needed to get to the next level.

Matt Britton
CEO

LSA is an instrumental training outsourcing partner in helping us to build management capacity and strategically invest in our people. Their flexibility, depth, and breadth of expertise allows us to deliver top quality solutions that are directly tied to key business plans. Their ability to custom design, deliver, and evaluate our Management Curriculum has been excellent. They are true business partners and a pleasure to work with.

Margaret M. Mader
Vice President, Human Resources

Hyperion

Hyperion has a commitment to lifelong learning. LSA helps us provide the right business sales training, management training programs, and leadership development programs at the right time to meet the needs of both individuals and departments. I especially appreciate their ability to listen to my needs and recommend the appropriate facilitators, solutions and content.

Sarah Parks
Senior Project Manager

Hyperion

Redwood Trust looked to LSA Global as a consulting partner to help us explore innovative and scholarly approaches to promote employee engagement and sustain the unique culture we’ve built over the last decade.  LSA helped us perpetuate coaching as a discipline across the organization by integrating our core values, goal setting and performance management under an interactive coaching program.  We appreciate LSA’s commitment to cutting-edge practices to help keep us a step ahead during this time of rapid change.

Rosalyn Chan
Vice President, Human Resources

Redwood Trust

We have had a very beneficial partnership with LSA for over 2 years. The recent Leadership Development Program that they designed and customized with us to help us identify, develop, and retain top leaders in the organization was a huge success. It was instrumental in helping take our company and our key people to the next level. I would recommend their training and consulting services to anyone looking to develop and retain top talent.

Steve Janowsky
Vice President of Operations

Proxicom

We reviewed the top Leadership Development offerings and selected LSA’s 12-month Leadership Program based upon the value and systemic approach. The feedback on the program, approach, and results was phenomenal. While other programs may be better known, they were more theoretical and did not compare in terms of practicality, quality, and results.

Stacey Porter
Senior Manager Learning and Development

Roche

We selected LSA Global over 5 other companies to help our key executives improve their overall communication and executive presentation capabilities. LSA exceeded our expectations. Everyone had a great experience and are now incorporating the lessons into their teams. I highly recommend LSA to any executive team looking to better organize and more effectively deliver key executive-level messages when the stakes are high.

Todd Power
Office of the CEO

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

Tracy Esposito
Director, HR Business Partner

The action-learning leadership project has been very beneficial to me, our leadership team, and the entire organization. The balance of development and results has been excellent. We have made huge progress, and I was also able to identify 2-3 high potentials while having the extra benefit of people stepping up to carry strategic projects forward. The Staff is very appreciative and has become very comfortable with both the program and the process. It is still going better than anticipated, and I have been very pleased.

Heather Feltman
President & CEO

LSS

LSA’s approach has certainly brought value to Knight Ridder Digital. They were laser focused on our goal and determined to meet all of our Leadership development program needs. Their flexibility and commitment were keys in making our program successful.

Dipik Rai
Director of Marketing

We value our relationship with LSA Global. They focus on understanding our business situation and helping us succeed. LSA continues to deliver top quality consulting and leadership solutions that are highly customized for our business and culture. I would highly recommend LSA Global as a top quality resource to anyone looking to greatly improve the skills of their leadership, management, and project teams.

Bonnie S. Olson
Vice President of Human Resources

LSS

Thank you for a great leadership development session today. The facilitator was brilliant, and we really enjoyed his style and personality. The sales team got a lot out of it (as did I). I believe it will help us create an even higher performance environment by ensuring we have a common understanding of our environmental structure and are all working towards the same goals.

Simon Jefferson
Managing Director

AKQA

We partnered with LSA Global to help us invest in our people. LSA designed a modular and customized management curriculum that allows us to deliver top quality solutions to our managers and leaders. We consider LSA to be our learning and development partner and our LSA consultants to be an extension of our team.

Lisa Bruun
SVP Human Resources

Ellie Mae

LSA’s executive coach based his approach on understanding our business circumstances and strategy, as well as our leadership aspirations. The customized coaching covered all aspects of leadership; it was not simply a touchy-feely endeavor. In fact, the focus on clear business outcomes and real life circumstances challenged me to develop my thinking and actions related to leading the business.”

Janet Pagano
Managing Director

Ovid

As a high growth digital marketing agency with cutting edge talent, we hired LSA Global to help clarify our strategy and work with our executive leadership team to help implement strategic changes in a way that made sense for our unique culture. The work was so successful that we also hired them to coach our key leaders. LSA has been instrumental in helping us transition to a new leadership team and triple revenue. In this age of useless consultants, I highly recommend their practical and business-oriented approach to strategy, culture and talent.

David Bentley
General Manager

AKQA

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