Description/Methods

The participants head a manufacturing operation, taking into account changing macroeconomic factors such as inflation, unemployment, currency fluctuations, etc. In small groups they analyze the financial statements, production data and marketing data, and implement decisions for the next five years. The seminar utilizes a combination of computer simulations and up-to-date practical management tools, such as business journals, the balanced scorecard, financial reports, and financial data. The groups compete against each other, making the seminar an unforgettable experience.

Target group

Something for everyone

• For companies and organizations that want to strengthen the entrepreneurial thinking and action of their staff.
• For staff who require cross-departmental insight for their everyday work.
• For staff who have to prepare and take strategic decisions.
• NOTICE: Ideal for the development of management talent.

Seminar length: 2 days

8-16 participants

Objectives

• Understanding financial data (e.g. return on capital employed) and financial statements (e.g. profit and loss calculations).
• Recognizing and evaluating the effects of decisions, using a balanced scorecard.
• Using a roadmap in day-to-day business.

Skills learned