The target group consists of line managers, middle managers, people who are preparing to become managers and entrepreneurs.
Nr. participants: 25
What is the duration of the program?
Participants will form teams that will compete against each other in a virtual marketplace throughout the simulation.
Several business cycles will be simulated, during which participants will make decisions independently, as members of self-led teams. The goal is to run the business in the most successful and profitable way possible and to develop it with strategic thinking. As a participant, you will be able to understand the success factors of a business, reflect and negotiate how to transfer this information to your real areas of activity and responsibility.
Depending on the individual learning objectives (both of the company and of the participants) the content of the training is adapted to the needs of the clients – with focus on knowledge about financial aspects and those related to business management or on knowledge related to strategy and necessary actions, or both.
Financial knowledge
The fictive company’s cash flow values are materialized through coins, credit markers, small bolts, boxes, and other simulation-specific materials. This is the highest expression of long-term learning – learning through visualization and tactile sense. Participants will complete the three documents of a financial year at the end of each period, calculate the relevant figures and cost structure and analyze the financial models as a basis for future decisions.
Strategy
As members of competing companies, participants will develop individual strategies by making decisions about products, factories, production size, price structure, sales channels, process optimization, quality management, etc.
After each year, the effects and interdependencies of short and medium-term decisions are identified and analyzed.
Massive competitive changes are also taken into account, discussed and then decided in each case.
Internal processes and the connection between them
By identifying and analyzing strategic decisions, visualizing flows within the company and using simulation materials (coins, indicators, boxes), participants will also identify and analyze:
– Which departments collaborated, when, and in what way so that the company was successful? What interdependencies appear in this collaboration?
– Which of the strategic decisions had an impact and what was their impact on the improvement or deterioration of the business processes and implicitly on the success of the company?
All the trainers from Evolutiv showed maximum seriousness, professionalism, promptness and flexibility. They helped us to improve the company's activity by developing the skills of our employees. Moreover, they have shown us that they have extensive experience in the field of learning and development, which is why we warmly recommend them to all companies interested in this kind of services. - Elena Cîrjan, KWS Semințe
During the activities, the participants become entrepreneurs or executive managers, the teams in which they operate become companies operating in the market, and the classroom becomes itself, a whole competitive market.
The participants form a maximum of 5 teams, each consisting of 3-4 people. These teams will compete against each other, in a virtual market, during the entire simulation.
Several periods of a business will be simulated, during which participants will make decisions independently, as members of self-led teams. The goal is to run the business as successfully and profitably as possible and grow it strategically.
Participants will illustrate the company’s internal and external activities and associated flow values to simulate business processes over the course of a year using checklists.
The checklists will contain information relevant to the business and field of activity, as well as the main development topics that appear during a year, depending on the learning objectives of the company.
This simulation creates an ideal context for learning, and the lessons learned have immediate applications, being directly transferable in the reality of simulation, and later, in everyday reality.
By the end of each business cycle, participants will have a comprehensive approach to topics and ideas that are related to their learning objectives. They will also experience intense periods of analysis and discussion to identify success factors in the decision making process. They will take part in presentations in front of guests within or outside the company on specific topics related to the business profile of the participants.r.
This training excels by producing an effective combination between the simulation itself, the specific topics and the ideas generated by the participants, all of these forming a coeherent ecosystem.
