Employees, who think entrepreneurially and understand the financial relations within the company, are the basis for a long-term success of the company. Factory is a simulation game which simulates the situation of a company and showing the possibilities of the participants to improve the company’s performance!
In small groups, the participants will play the role of a management team of a manufacturing company.
Benefits:
- Strengthens the entrepreneurial thinking of employees, i.e. the ability to invest time and money where the greatest success of the company lies.
- Conveys awareness of costs to employees and the comprehension of the overall process of the company.
- Communicates the concept of the shareholder value.
- Teaches Business Management in an enjoyable way.
The participants are really enthusiastic about their new acquired ability to develop new
possibilities of improvement!
Content:
- Financial economy
- Challenges in your company
- Lead your companies to success
- Fixed assets, long term liabilities, financial statement including P&L
- and Balance Sheet, Return on Assets and Cash Flow and many more
- Reinforcing entrepreneurial thinking of participants
- Comprehending the interdependency of production, supply and distribution
- To understand the impact of overhead costs such as administration,
marketing, research and development
Duration
- 1-2 days
Participants
- 9-24