| Target group | Numar maxim de participanti | Perioada de desfasurare |
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How does SIMDUSTRY® flexible – full version work?
Your delegates form up to 5 simulation teams (each of 3-4 people), which compete against each other in a virtual market during the course of the simulation.
Several business periods are simulated, in which the delegates make independent management decisions as a leadership team. The objective is to lead the business in a successful and profitable manner and to develop it strategically. Thereby delegates receive insights into the success factors of business thinking and trading and can transfer these to their own real-life fields of activity and responsibility.
The training excels by providing an effective interchange between the simulation and topic-specific inputs and reflections, each of which builds upon the other.
At the end of each business period the following take place:
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Comprehensive subject-specific inputs related to your pre-defined learning goals
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Intensive reflection and discussion phases to identify the success factors in decision-making and behaviour
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Complementary talks by internal and external guest speakers on business-specific topics.
What content can SIMDUSTRY® flexible full version cover ?
Oriented to your individual learning goals (within the company as well as in the respective delegates group) the training content is tailored to your needs – with a focus on "financial and business knowledge“, or "strategic knowledge and action“, or both! Here is an summary of options:
- Understanding of business fundamentals
- Insights into balance sheet, profit & loss statement, cash flow statement
- Overview of the basics of controlling and insight into the cost-management (cost types and cost center accounting, direct costs and overheads, etc.)
- Understanding of your company‘s decision-relevant indicators (KPIs)
- Understanding and interpretation of business and economic reports/press
- Strategy development & strategic decision-making process
Which topics does “full“ focus on?
Focus – “Financial Knowledge“!
The value flows in your business are displayed with the help of coins, credit markers, pins, boxes and other simulation materials. This is the highest form of sustainable learning – learning on a visual & haptic level of consciousness. Your delegates:
- work out the three elements of the annual accounts at the end of each business period
- calculate relevant key figures and cost structures
- analyse financial models as basis of decision
As competing companies your participants develop their individual corporate strategy by making decisions about products, locations, capacity, price structures, sales channels, process optimization, quality management, etc.
After each annual period the effects and interdependencies of short and medium-term corporate decisions are reflected upon and analysed.
Also the wider changing competitive situation is taken into consideration and the appropriate response discussed and anchored individually.
Focus - “Corporate processes & interdependences”!
Based on the linking of strategic decisions as well as the visualization of value flows in the company with the help of the simulation materials such as coins, boxes, credit markers, pins your delegates also find out:
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Which departments collaborate when and in what manner and so shape the company‘s success? What interdependences exist in this cooperation?
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Which strategic decisions have which impact on the improvement or the deterioration of business processes and consequently on the company‘s success?
HOW DO WE WORK?
During this activity, the participants become entrepreneurs or executive managers.
The teams in which they are active become companies operating in the same market.
The classroom itself becomes, meanwhile, an entire competitive market.
The teams in which they are active become companies operating in the same market.
The classroom itself becomes, meanwhile, an entire competitive market.
Our business simulation creates an ideal context for learning, in which lessons learned have immediate applications, being directly transferable to the reality of simulation, and then into daily reality.
The program uses a wide range of experiential learning tools: auditory, visual, kinesthetic.
They will improve their managerial skills as they "play" with the various decisions and contexts in which the simulation will put them, plan, and gradually work in more and more complex activities where all kinds of challenging situations arise. Just like in real life.
They will improve their managerial skills as they "play" with the various decisions and contexts in which the simulation will put them, plan, and gradually work in more and more complex activities where all kinds of challenging situations arise. Just like in real life.
We tailor SIMDUSTRY® flexible full to your company and your learning goals!
We incorporate your internal company specifics and the specifics of your sector by....
- Tailoring of the simulation check lists
- Development of tailor-made event cards
Checklist
Goal: illustration of internal & external company activities and associated value flows
Based on the checklist your delegates simulate the business processes during the course of the year.
Adaptation potential
In the checklist we incorporate: the specifics relevant to your business as well as based on your learning goals the main themes that occur in a business year
Event cards
Goal: Portrayal of unforeseen internal and external events
The event cards are introduced into the simulation at predetermined times during the business year.
Adaptation potential
We develop tailor-made event cards for you, which depict the following “unforeseen“ events: in-house events, industry sector-related events, regional or global economic events
OPTIMUM classroom setup
