BUSINESS SIMULATIONS  

Business simulations are an excellent way to actively engage people in a safe environment where mistakes can be learned from without alienating customers, clients, or coworkers.

 

With each client we tailor the objectives of the simulation to achieve their specific goals. Our business simulations have helped our clients achieve:

  • Improved strategy implementation
  • Stronger business acumen
  • Heightened financial literacy
  • Improved communication between functional organizations
  • Increased ability to manage R&D, quality, flexibility, and efficiency in a profitable manner
  • Improved awareness of the necessity to effectively brand and market
  • Greater understanding of, and ability to manage, their intangible assets
  • Strong linkage between human resource practices and business strategy

We offer a variety of business simulations appropriate for all industries and situations.

  • Business Reality 101- a one-day business simulation that allows participants to work in teams to run a simulated manufacturing or services location. Participants learn how cash flows through the business and the importance of effectively managing R&D, quality, flexibility, efficiency, supplier relations, and sales and marketing. Time is spent at the end of the day to debrief the learning and help participants create a plan for applying what they learned to their own organization to make it more efficient and effective. This can also be delivered virtually.
  • Business Reality - a two-day business simulation where participants form executive teams to competitively operate a simulated manufacturing or services organization. Participants develop and implement an organization strategy then implement the strategy competing against other teams. Teams learn the costs and rewards of effectively managing strategy, R&D, quality, flexibility, efficiency, supplier relations, and sales and marketing. Time is spent at the end of day two to debrief the learning and help participants create a plan for applying what they learned to their own organization to make it more efficient and effective.