Business Simulations
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For over two decades Abbott Training Systems have collaborated with organisations across all industries in order to improve, increase and lift their financial acumen and business understanding.
Today business professionals are challenged with ever increasing responsibility and accountability for financial, strategic and operational decisions. They must possess the competence and confidence to make decisions that increase sales and organisational wealth, build shareholder value and support the organisation's overall strategy. Every day, managers make crucial decisions that directly affect the outcome of bsuiness initiatives and the overall financial performance of the organisation. Without the sufficient skills and training, the risk associated with making these decisions can be detrimental to the company’s bottom line. Simulation takes away this ‘guess factor’ and allows individuals, teams and business groups to experience first hand the implications of making these decisions in a dynamic and competitive business environment.
The unique ATS business simulations are designed to enhance financial understanding through an experiential and accelerated learning process. The areas covered include:
- Profit Chain Analysis
- Pricing, Advertising, Production and Exporting
- Shareholder equity and value
- Calculating economic profit
- Equity issue and shareholder repurchase
- Cash flow statements
- Ratio analysis
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- Investing for the future
- Margin Management
- Financial leverage
- Managing return to shareholders
- Cost reduction/accounting
- Common size analysis
- Asset management
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In addition, Customer and Staff retention, strategic goal setting and marketing effectiveness are all indicators that individuals, groups and teams are measured against. As decisions are made over a simulated period of 3 – 4 years, detailed de-brief sessions and financial feedback reports provide invaluable discussion points and reflective learning.
Business and financial performance evaluation has been made manageable and measurable through ATS’s simulations and tools, and our offerings have the ability to stand alone or be part of larger management development programs. |
Become an Executive and fast-forward your climb to the top
Set National & International Product Pricing and Delivery Targets – learn the complexities of exporting |
Set operational standards against competitors – including R&D spends |
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Develop strategies to maximise pricing with advertising, customer service, personal selling and commission spends. Integrate these strategies to capitalise on production capacity and new initiatives – including establishing new overseas markets and service lines |
Learn how to maximise profits, Return on Investment, Return on Assets, Shareholder wealth, and Sales Revenues, as well as pay dividends, manage long and short term loans and create a profitable business |
Simulations Included in this area:
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The process:
Participants form into groups and make executive decisions on the running of their companies. They receive immediate feedback on all of their decisions in the form of business journals and financial reports. |
ATS works with organisations, teams and individuals in customising training and development solutions that integrate surveys, gap analysis', simulation and application tools to bring a depth of understanding of an organisation and its processes to its people.
All of our simulations can be customised to incorporate company specific organisational values and strategies.
Each program is 100% unique to an individual client and allows for the integration of cultural objectives.
This is ensured through ATS's unique 3 Phase development process:
PHASE 1: This includes onsite visits and intelligence gathering about the company, its people and its practices
PHASE 2: Development of workshop/s incorporating OPENUP Leadership simulation and any applicable in-house models and methodologies
PHASE 3: Ongoing support, coaching and mentoring to ensure continued development |
CONTACT US for more information |
