Business simulations are among the most effective training methods for business management courses. The learning-by-doing approach provides a live experience of business management, based on a comprehensive model of a manufacturing company. Participants take their own business decisions, see the economic impacts of their activities and thus realize their personal contribution to their company’s economic success.

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 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
- Key Performance Indicator Sheets and how to make Cash Flow Statements.

They have learnt to
- interpret a balance sheet
- identify attack points for performance improvement and
- how to increase liquidity and profitability.

Learning benefits include
- Strengthening entrepreneurial thinking among participants
- Reinforcing thinking toward overall company goals
- Understanding the basics of finance and accounting
- Making financial statements and balance sheets
- Learning to speak the language of finance
- Comprehending the interdependency of production, supply and distribution
- Understanding key performance indicators and how to influence them.

Course Agenda
09.00 – 09.30    Registration and Welcome
09.30h – 12.00  Part One: Introduction
12.00 – 13.00    Part Two: The 1st Business Year, Group Discussion
13.00 – 15.00    Lunch Break
15.00 – 15.15    Part Three: The 2nd Business Year, Group Discussion
15.30 – 17.00    Part Four: The 3rd Business Year
17.00 – 17.30    Part Five: How successful was the 3rd Business Year?  
Summary

Please note that the "Finance for non-Finance Managers"-Training will also be held on

4 November

If you would like to register for one of the other dates, please click on the respective date.

Trainer

Dr. Laurenz Awater, General Manager and corporate trainer. Laurenz is an organizational development and intercultural expert whose China experience dates back to 1985 when he was foreign student at Beijing University. Laurenz is fluent in Chinese and works as management trainer and consultant. His Ph.D. thesis on ‘China’s Political Economic History from 1949 to 1997’ is a standard reference book at German universities and received mentioning on ‘Wikipedia’ and on books on G8 summit policy, China’s WTO-integration and EU-Foreign Policy. When working in German industry Laurenz was involved in large infrastructure and construction projects in China. In 2003 he founded the Shanghai INNOVA Management Institute, a training company known for organizing high-level executive workshops for expat managers and for its leadership and management training programs. Since then the Shanghai INNOVA Management Institute has built up a client base of more than 200 MNCs, mainly larger and mid-sized concerns from Western Europe.

Registration
Please register through this website (button above).
For any further enquiries, please contact Ms Zhao Yang at yangzhao@europeanchamber.com.cn or 63852023-117, stating your name and company, by Friday, 27 June 2014 COB.

Event Terms & Conditions
Please note that, though all are welcome to attend our events, we strongly recommend that you register online with us in advance so that we can keep you updated on any changes in the event schedule. From time to time, due to unforeseen circumstances we need to change the time or venue of an advertised event. So please do let us know by registering online if you plan to attend an event so that we can keep you informed.

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