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.

"I recommend this course to any organisation seeking a professional, innovative business skills program"

Essential Aspects of Managing Business Today

Successful business management requires far more than managing the day-to-day running of a single department or business unit. Successful enterprises are run by commercially aware managers with a thorough understanding of the interaction of the various departments and the impact of every activity on the business as a whole. Managers are required to have a thorough knowledge of the various trade-offs that they and their management colleagues are faced with on a daily basis, and be able to pre-empt the financial consequences of each activity within their department.
This comprehensive, interactive 2½ - 3 day training program has been specifically developed for business managers who wish to acquire an in-depth understanding of their organisation and enhance their ability to make realistic, informed business decisions.

Experiential learning opportunity

Over the past 15 years this program, structured as a business simulation, has proven very successful in increasing financial awareness, business acumen and profitability with a large number of national, multinational and international organisations. It has been appreciated by managers from companies in Australia, South Africa, Europe, the United Kingdom and the United States.

The program addresses 5 key areas of competence:

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

"Learnt more than on any other business course. Unlike any course I have attended - Usually I fall asleep"
Participant Cerebos Greggs NZ

Who should attend?

This program is essential to all management and decision-making staff within your organisation. It is highly recommended that teams be compiled of delegates from across a variety of functions within your organisation.
It will be particularly valuable to:

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

"Now I have found a hands-on business simulation that can revolutionise the way all levels of managers think about the way they run their organisations or departments and graphically demonstrates how their decisions impact on the financials and the business as a whole. The simulation is called Managing Business Today and I found it so powerful that I immediately enrolled in facilitating the program. It is the best combination of financial awareness, strategic planning and business decision impact training I have ever seen. A great way to demystify accounting for the non-accountants and teach the financially literate about operational cause and effect."


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