The target group consists of line managers, middle managers, people who are preparing to become managers and entrepreneurs.
Nr. participants: 25
Staff – the key to success
What do I need, as a manager, to ensure that employees can use their potential and grow in the company? Possible topics – personalized time and management methods, management styles, tools, motivation, etc.
“Appetite for business” – limits and possibilities for a healthy business growth
How to balance the “appetite for business” with the current and future capacity of the company? Possible topics – strategic resource planning, decision making, communication, etc.
Investments – investment decisions based on financial analysis
What are the necessary steps to make for an economically sustainable investment? Possible topics – basic business knowledge, key indicators, entrepreneurial thinking, etc.
Flexibility – focus, re-focus, setting priorities
As a manager, what changes do I have to make in a business environment? Possible topics – strategic competitiveness analysis, risk assessment, adaptation needs, etc.
Image – conscious control of the external image of the company
What factors do I need to observe and influence to strengthen the company’s brand image? Possible topics – positioning, brand and company attractiveness, development potential, etc.
Focus – Financial Management
Through this business simulation, participants gain an effective perspective on the three elements that describe the financial situation and key figures relevant to the company and industry. They will experience the importance of financial variables, financial control mechanisms, cost management and other elements of the financial field.
In addition, participants experience the interaction between their financial management tasks and other managerial responsibilities: financial constraints limit acquisition, talent development and significant future investment.
Focus – Strategic Management
Having the responsibility to run “their own company”, participants need to develop their business strategy and constantly react to changes that affect competition, so they experience strategic thinking, thus work with different elements on strategy generation, implementation and management. In addition, participants directly experience the interaction between their “strategic management” tasks and other areas of managerial responsibility: how strategy errors impact the brand image and financial strength of the company.
Focus – Human Resource Management / Leadership
In the simulation, as a participant, you will make decisions about: hiring or firing employees, time & task management on different hierarchical levels, measures regarding employee development and motivation. This introduces notions of leadership and communication, time management, motivation and delegation.
All participants understand how their “human resource management” responsibilities interact with those of other managerial areas: strategic immobility and financially constrained operations lead to demotivation, poor employee development, and poor performance.
Going through several periods/cycles of business, participants (managers or possible candidates for management positions) experience the impact of their behavior and decisions in three basic areas of responsibility:
Strategic management – competitiveness, defining the company’s objectives and strategy
Financial management – cost, profitability and performance indicators (KPIs)
Human resource management – motivation, leadership and limited time budgets
As a participant, you will understand what are the relevant success factors of the company from a management perspective and thus contribute to the long-term success of the business. At the same time, you will have a sustainable, enjoyable, interactive learning experience, with a direct, individual connection with reality.
Simdustry-Managing3® gives participants an overview of a company’s decision-making processes and interdependencies, but at the same time creates a perspective specific to its own company and the challenges it faces in a competitive environment.
Simdustry-Managing3® simulation is always tailored to your business specifics through checklists, event cards and other relevant elements, based on the specific learning objectives of the target group. This way, the company’s business processes, scenarios and connections are mirrored in this simulation.
I personally recommend Evolutiv: first of all, for the professionalism in finding adapted development solutions, and especially for the attitude towards people of the trainers. Our relationship with the Evolutiv team is a special one because over the years we have seen changes in the organization in terms of communication, teamwork and, last but not least, openness to learning. - Bogdan Liviu, Arcelor Mittal Galați
The participants will form 5 teams, each consisting of 3-4 members, who will be competing on a virtual market, throughout the simulation. They will find out how to implement the interdependencies between the three main areas of their responsibility: human resource management, financial management and strategic management.
The event cards are introduced in the simulation at predefined times, during a financial year, in order to describe unforeseen internal and external events.
We create specific event cards, describing unforeseen events such as:
– internal events
– industry or sector specific events
– regional or global economic events
In this simulation there are several business periods when the participants, as management teams, make independent management decisions. The goal is to run the business in a profitable, successful way, and to develop it strategically. This way, the participants will gain insight relevant to their business and they will be able to transfer it to their real-world activities and responsibilities. Based on checklists, participants simulate business processes over the course of a financial year.
Thus, there is an efficient exchange between simulation, presentation of specific concepts and reflections on what happened, each of the 3 components of the training supporting each other.
Each simulated business period ends with:
– extensive presentation of specific topics predefined in the learning objectives;
– intensive discussion and reflection on success factors in decision making and behaviors;
– in addition, discussions may take place with internal or external guests on specific business topics.
