Business Planning For Owners & Managers
Business Planning, Business Systems, Capital Raising, Finance, Governance, Managing Resources
Business Simulation. Set up and manage a manufacturing business. Set financial, market share and business goals. Consider Growth and niche strategies. Develop competitive advantage. Set operational targets. Execute operational plans.
The key learning’s in this programme are taught around five sets of goal setting processes: market share; business configuration goals; return on assets; return on sales, and return on investment. It explores benchmarking and the requirement to adjust operational plans in light of competition and market conditions.
Between four and six teams each form a manufacturing company and compete with each other. The key learning outcomes in this simulation revolve around goal setting; business planning and using variance to manage outcomes. Each team reports publically and therefore benchmarking is able to be implemented. This also means that the insights are multiplied so as not to apply merely to an individual’s team, but to each team in the simulation.
Participant Materials: a full colour Visual Contextuary that explains and illustrates financial terms; a Participant Manual of circa 48 pages, as well as the Balance Sheet and Profit and Loss statements for your Company. Cash flow forecast, and Budget worksheets are also included in this version of the simulation.
The Programme is a full 8 day in length and costs $1,200 + GST per person; Group rates can be negotiated for 6 or more participants.