Kaplan Business Challenge

Short course

Inhouse

Price on request

Description

  • Type

    Short course

  • Methodology

    Inhouse

By the conclusion of the KBC, delegates will have created budgets, prepared business plans, analysed market data and financial performance, forecast sales and matched these with production schedules, and become much more commercially aware. In addition, by negotiating with stakeholders and competitors, and working in teams, they. will have developed a host of networking and interpersonal skills. Finally, delegates will ultimately appreciate that they all have a role to play within their organisations in delivering financial success. Suitable for: All levels of staff, from new joiners to senior management, and is equally suitable for operational staff within a business and client-facing service professionals.

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Course programme

Introduction
Have you ever wished that business and finance training could be practical, engaging, highly flexible, stimulating and fun? That delegates would remember their training experience long after they have left the
classroom, and that they would gain skills that would allow them to truly add value in the workplace? Look no further than the Kaplan Business Challenge (KBC).

A RealWorld Experience
The KBC simulates a real-world business. Delegates work in groups, acting as the senior management team of a failing business. By working through a variety of strategic and financial decisions, in
competition with other teams in the room, they are tasked with turning the business around and creating value for shareholders.

Tangible Training Benefits
Delegates will analyse market projections and determine the overall corporate strategy for their business. They will then put this into
effect by developing detailed operational plans with respect to sales, purchasing and production. As they put these plans into action, they will see the financial consequences of their decisions by preparing
their company financial statements and then analysing them. Finally, they will face the people who appointed them, as they present
their results to their shareholders.

Cash is King!
All managers must understand the difference between cash and profit. Delegates will see how their decisions affect the bottom line in terms of profit, but the KBC also emphasises the importance of cash. They will see where the cash comes from and where it goes – and crucially how there can be cash flow problems even when companies are
profitable. The KBC emphasises that “cash really is king”!

Logistics
The KBC is flexible enough to accommodate a variety of tailoring solutions. Some of our clients run the simulation as a pure generic
programme. Others ask us to incorporate wrap-around presentations to place the learning in the context of their companies. We have even created unique boards for clients reflecting their branding, products
and business issues.

The KBC can be run effectively over either one, two or three days with ideal delegate numbers ranging from 12-30. It is also incorporated into a management development programme run over 5 days.

We can run the simulation at clients’ premises, hotels or conference centres, or at any of our training premises throughout the UK.

Kaplan Business Challenge

Price on request