Finance for Everyone is an 8 hour program; it runs
in one full day, or two half-days.
The Finance for Everyone
program includes:
2.5 hours of facilitator-led
simulation. This group experience provides
the rules for the simulation, a general introduction
to the process of business (financial statements,
business terminology, fundamental business dynamics),
and sets the framework of needing to manage separately
for cash and profit.
4.5 hours of team competition simulation
consisting of three business cycles in which
teams have full decision-making power and are
accountable for the results.
In each cycle, team-based
companies develop and implement a business strategy
which incorporates real-world dynamics: production
capacity, customers, prices, financing, and more.
Each cycle includes the following activities:
Competitor and market analysis
Setting prices in a competitive market
Maintaining or expanding capacity
Monitoring cash flow
Preparing an Income Statement and Balance
Sheet
Posting, comparing, and discussion of results
Other
activities include cash flow forecasting, budgets,
break-even analysis, and cost-benefit analysis.
30 minutes of The
Company Board, a 3D visual
representation of your current corporate financial
position. This module transitions the learning
from the classroom to the real world. The
tie-back and discussion relate the simulation experience
to your company's concerns, measures, and goals.
