Build Your Business Simulation
Business Acumen is a must-have competency for every leader at every level, to be viewed as a true business partner. It is the keenness and quickness in understanding and dealing with a business situation in a manner that is likely to lead to a good outcome.
Business Impact
The simulation helps teams to:
Ideally suitable for
The delivery will be customised as per the needs of the learning cohort.
Storyline
FocusU, in association with Knolskape, brings the Build Your Business Simulation which is designed to help participants understand and practice business acumen and entrepreneurship capabilities.
Within the simulation, participants assume the role of the company’s CEO, responsible for all the business decisions – pricing, production, quality, advertising, employee morale and ensuring the successful launch of a new venture. The simulation allows participants to read financial documents, understand the interdependency between functions, taking risks, and the importance of all the functions working together for the business to thrive and report high profits.
By enabling participants to experience and work through such challenges which are as close to real life as possible, the simulation analytics and debrief sessions (optional) by the facilitators help participants in deriving great insight into the skill of business acumen.
The simulation throws up useful analytics for individual participants that includes:
- Net Profit
- R&D Cost
- Market Share
- Employee Utilization
- Opportunity Lost
- Inventory
How is this activity available?
OBS
Download our PDF
Learn more about this solution by accessing our brochure. Feel free to share it with anyone you know who could benefit from it.
Available in -
- OBS
This course includes:
- Duration: 3 hours (180 minutes)
- Where can this be run: In-person and Virtual
- Group sizes: Upto 30 pax per session
- Customisation of Debrief: Available
Frequently asked questions
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The simulation addresses generic challenges encountered at the workplace. The customisation to the specific cohort as per their industry / company situation is done by the Facilitator running the session.
Do download the brochure Above. While this will give you an overall workshop structure, our learning designers will still need to talk with you to customize the workshop to your context.
For each workshop, we can help you with three different teasers you can customize and share periodically with participants to build excitement and get traction.
Simulations can be delivered in virtual or in-person mode. This simulation cannot be delivered asynchronously, since the learning happens from the group interactions.