Finance for Managers & Sales Professionals - Course Outline
Finance
for Managers run time is 16 hours (2 days).
The Finance for Managers 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.
10.5 hours of team competition simulation
consisting of six 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:
Examining market drivers: supply and demand,
niche marketing, quality
Competitor awareness, setting prices in
a competitive market
Ongoing strategic analysis, updating the
strategic plan in response to changes in the industry and
in the marketplace
Budget and cash flow exercises
Monitoring cash flow
Maintaining the ‘books’ of the
operating company (Income Statement and Balance Sheet)
Performance measurement and analysis
Posting, comparing, and discussion of results
Other activities include break-even analysis,
SWOT analysis, Income Statement Analysis and cost-benefit
analysis.
1 hour 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. Can include
additional visualization exercise and discussion of real
world competitors.
