“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

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

Gina Fulton
Vice President of Human Resources

“We turned to LSA to help us custom design and deliver a leadership and management development curriculum to help drive performance. They have done an excellent job diagnosing the business situation, designing an approach that fits our culture, and delivering a first class solution.”

Sally Buchannan
VP Human Resources

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

After a difficult search to find a partner that could address a very specific leadership development need, we chose LSA Global. They were responsive to our needs and created a solution that we continue to see results from. It is nice to know we have access to their expertise with a simple phone call.

Valerie Blackburn
Director of Business Operations

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 demonstrated the criticality for executives to look beyond current ethics topics and focus on applying fundamental values in everything they do to demonstrate true leadership. They successfully delivered in two hours what most leadership development presenters would spend an entire day trying to communicate.

Nick Voyvodich, SPHR
HR Manager

Fujitsu

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

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

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

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

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 helped us design and deliver a blended learning solution for our leaders to help drive our growth plans in a way that aligned with our specific culture and values. LSA understood our business, had deep expertise in the content areas, tailored the programs to fit our specific needs, and delivered great results. They constantly strive to deliver business impact and align their solutions with our business initiates, culture, and performance management systems. I highly recommend them to anyone looking to take their leaders to the next level.”

Beth A. Taylor
Vice President of Human Resources

Thoratec

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

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 needed to supplement our own internal resources, we used LSA services knowing that we could depend on the outstanding quality of the leadership development and management training programs they provide.

Margie Bunting
HR Manager

We recently hired LSA to help us take our client delivery methodology to the next level as we continue to grow and help our clients succeed. The custom strategy and design session exceeded our expectations. They really understood our business and delivered within tight time frames.  They were the best I have seen for this type of complex, visible and strategic work. LSA’s ability to get a group of 20+ executives from around the globe on the same page, push their thinking to new heights, and ensure an executable plan was excellent. I would recommend LSA to anyone looking to take their strategy and strategic execution to the next level.

Rob Sturgeon
EVP Client Delivery

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