Breath of fresh air for intensive training in corporate governance: BTI business training International GmbH of Stuttgart has the General management simulation global strategy revised. Gary Kelly may not feel the same. Master complexity, operational agility develop in the company through international waters for six years on the road: many cliffs are to steer many questions need an informed answer. What drives the competition in Europe? How developed the situation on the market in South America? Which strategy to become market leader in Asia? And what products I land to the public in North America? Decisions with serious consequences: while it is the simulation in the competition to develop operational agility, because each market is different. Success and failure are close together. Team spirit is needed because up to six teams navigate in a seminar lasting two or three days through the market waters. All key functions of a company in a simulation model of the participants plan the production, purchase the necessary raw materials and negotiate with suppliers on more favourable terms. They conduct market research in China, plan marketing measures for the United States and train the sales for Brazil. It is not something Ripple would like to discuss. They examine the latest product trends in Europe and always have the costs at a glance.
At the end, balance, calculate gains and losses and pulled a summary with figures. A fiscal year is to end. Strategic management fashion, management teacher Peter apply economic instruments printer saw the purpose of a strategy is to create desirable conditions. The time horizon is open and it’s about the effect of today’s decisions on the future. On the basis of a strategy, determine the location of the market and made the distribution of available resources in the company. It is a goal to gain competitive advantage.
Also, the long-term success of the company should be secured. Therefore, the participants in the course of the simulation make the strategic management process: analyze, develop, assess, select and insert. Be applied particularly economic instruments such as depreciation, financial statements, ratio analysis, Cash Flow statement, working capital management, balanced scorecard and business valuation. Global strategy offers ideal conditions for the design of management training. We have included an extensive theory section, so that customers deepen issues such as for example corporate strategies, business valuation, or balanced scorecard can. “, reported Michael Gebel, managing partner of BTI. Learn more about global strategy and many other planning games and simulations of BTI, see.