Kaplan
Business Challenge
Kaplan Professional specialises in delivering
finance and business training to individuals and organisations
throughout the world. Through our various training programmes
over the years, we have realised the importance of ensuring
that finance training is ‘bought to life’ and
made relevant to delegates, especially those without a formal
finance background. This understanding has culminated in the
development of the Kaplan Financial ‘Kaplan Business
Challenge’ (KBC™).
The KBC encourages the application of financial,
analytical and decision making skills and allows delegates
to manage a company in a highly competitive environment. Many
of our clients have used the game successfully to support
training at all levels within their organisation, from induction
through to senior management grades.
A real world experience
The KBC is a business workshop simulating real world business.
Throughout the workshop delegates, playing in teams, will
work through actual business scenarios making strategic decisions.
They will see how decisions impact on the growth or performance
of their business and on the other teams.
The Game
The game simulates a contract-led manufacturing business with
long lead-times, supply issues, and the need to create shareholder
value in a competitive international environment. Delegates
need to analyse market projections, determine corporate strategy
and develop detailed sales, purchasing and production plans.
These plans are then implemented in competition with other
teams in the room.
Having put these plans into action, they
will see the financial consequences of their decisions, as
they prepare the financial statements (being the Income Statement,
Balance Sheet and Cash Flow Statement). There is then the
opportunity to analyse these statements using key value metrics
such as Return on Capital Employed (RoCE). Finally, they face
the people that appointed them, as they present their results
to the shareholders!
Cash is King
As finance trainers, we understand the importance of cash
management in a business, and the fact that profitable businesses
can still fail due to a lack of cash flow. The KBC demonstrates
this in a highly visible way on the board. Delegates will
see where the cash comes from, where it goes and why it needs
to be managed. For all businesses; small, medium and large,
understanding the importance of cash is crucial for survival
and growth.
Success strategies for every decision
maker
The KBC teaches delegates essential skills that every business
decision maker should know.
After the workshop, delegates typically have
enhanced their skills in the areas of creating budgets, business
planning, market analysis, sales forecasting and investment
decisions. In addition, they will have worked together in
competitive teams, giving HR departments valuable insights
into delegates ‘soft-skills’, including team building,
presentation skills, negotiations and delegation.
Logistics
The KBC is an extremely flexible learning tool. It can be
run over one, two or three days either as a stand alone programme
or as part of a more formal management development programme.
Presentation sessions can be ‘wrapped around’
the KBC sessions to ensure that the learning is placed into
the correct context within the business. Programme sizes from
12 to 30 delegates can be accommodation, and most important
of all no prior knowledge of, or formal training in, finance
is required.
Complimentary Kaplan Business Challenge
Workshop
Kaplan invites you to a full day taster session for training
decision makers on 4th July 2008 (Friday)at
our Kaplan City Campus on 51 Cuppage Road, Level 3.
This is a fantastic opportunity to see and play the Kaplan
Business Challenge (KBC) and understand how it can develop
your skills and those of your employees. For more information
or to register for the Complimentary Workshop, email to enquiry@kaplan.com.sg
Click
here to watch the Kaplan Business Challenge Demo video
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