Leaders in business training
games, tools and programs

WorldGAMES Pty Ltd presents:
Managing Business Today

Experience a unique and effective board based simulation and workshop that will take the mystery out of finance and add dollars to your bottom line.

Essential Aspects of Managing Business Today

Experiential learning opportunity

1. Financial awareness
2. Change management
3. Market focus
4. The allocation of limited resources
5. The development of an holistic business perspective

"The transfer of the learning from the training room to the job has been truly remarkable" HR Manager - Kelloggs Australia Managers on MBT simulation, making strategic decisions.

During the course of this program you will:

• Learn how the various departments within your organisation depend and impact on each other – and how you can transcend these functional barriers to improve your decision-making and problem solving for improved profitability.
• Develop a thorough understanding of the financial realities of your operation and find out how you can use existing financial records in your strategic planning.
• Find out how you can align your budget and activities with your strategic objectives to ensure maximum return on investment.

Course outline:

1. Looking at your company as a whole

• Reviewing your organisation’s operations within the context of its specific market and operating environment
• Identifying the cross-departmental dependencies within your organisation
• Considering the various trade-offs that organisations are required to make and understanding the impact of each on your organisation’s’ performance
• Investigating the different methods of asset utilisation and the consequences of each decision

2. Examining the financial aspects of business

• Understanding the terminology and principles of financial reporting
• Reading and interpreting income statements, balance sheets and cashflow statements
• Using financial information to measure your company’s performance and benchmark accurately
• Examining the behaviour of costs and performing an accurate breakeven analysis
• Preparing realistic budgets and linking these to strategic objectives
• Completing accurate and comprehensive financial reports

3. Reviewing your organisation’s marketing and sales activities

• Evaluating market research as an essential ingredient of the marketing planning
• Exploring different strategies of market development and company growth
• Translating strategic marketing and sales goals into a sales and marketing action plan, including the necessary activities, manpower requirements and budget details
• Understanding the various factors that determine the success of your sales activities and preparing winning quotations based on these factors
• Identifying your marketing and sales departments’ dependency on and responsibility towards other departments of your organisation

4. Managing your organisation’s production activities

• Identifying the various activities required to produce your company’s product
• Completing a breakdown of your production process from raw materials, machinery and other equipment to manpower as tangible examples of the different types of costs that impact on your company’s performance
• Streamlining the buy-in of raw materials, the manufacturing process, as well as the sale and delivery to ensure that there are no costly delays
• Planning other production related issues, such as transport and warehousing, as well as the maintenance on all machines and vehicles
• Considering the ongoing process of product development as an essential aspect of your organisations future
• Evaluating the potential and impact of changes in production capacity and product type on your manufacturing process and cost

Who should attend?

• General managers
• Marketing managers
• Sales managers
• Production managers
• Line managers
• Logistics managers
• Administration managers
• Any one else who can directly impact business profitability

Back to top