Program
Outline
It is not enough to be a competent specialist in today's business world.
Successful businesses need managers and executives with a broad understanding
of strategy, operations and finance and how they all interact.
In this program,
based on Foundation® Business Simulation, we provide the opportunity to
learn more about business by running a business.
Special
Features
Foundation® Business Simulation is designed to teach all the essential elements
of running a business: finance, the cause and effect
relationships between functional areas, satisfying customer
demands and competitive analysis.
In Foundation®, participants form teams to run a $40 million company for five years.
The goal is to create a successful business in the face of tough competition -
competition provided by your own colleagues!
Who Can Benefit
- Functional Managers
- General Managers
- Line Managers
- Supervisors
Learning Goals
- To read financial statements effectively
- To use financial data to help make business decisions
- To understand the financial impacts and interactions of each area of a business -
design and development, human resources, quality management, production and marketing.
- To develop team work skills
Topics Covered
- Basic business finance
- Financial statement analysis
- Competitor analysis
- Financial ratio analysis
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