Employees who think entrepreneurially and understand the financial relations and value streams within a manufacturing enterprise, are the basis for long-term success of a company.
This one-day simulation-based training provides non-finance managers with no prior experience in financial management with an outstanding opportunity to learn the basics of finance and accounting and business management. In small teams the participants play the role of the management team of a manufacturing enterprise and are guided through an increasingly self-directed process of business and financial performance optimization.
By managing the enterprise over a simulated period of 3 years the participants learn how productivity, efficiency and profitability can be influenced by the actions they take and learn to bring the company back to profitability.
This board-based simulation provides for a risk-free learning-by-doing environment ideal for participants to learn the basics of finance and accounting through simple but increasingly challenging exercises.
After completition of this training learners know how to fill
- P&L Accounts
- Balance Sheets and
- Key Performance Indicator Sheets and how to make
- Cash Flow Statements.