Business Challenge
Expand the business acumen of your nonfinancial managers and empower them to drive business value.
Understanding Business Through Competition
Put your nonfinancial managers in the driver’s seat of business. Let them balance variables and feel the pressure of making economic trade-offs. They will put their skills to the test and learn from their successes and failures. Through facilitated debriefs and an immersive learn-by-doing environment, nonfinancial managers will more confidently understand financial data and make decisions that drive business value.
The challenge had a strong impact. Instead of remembering financial terms, I had the chance to make mistakes and learn from it.
Participant, Kohler Power Group
The details
Objectives
Audience
Format
Online or Classroom Options
Why Business Challenge?
People across the enterprise need to communicate effectively about business metrics and evaluate financial data to make informed business decisions. Business Challenge gives them the practice environment to more confidently use financial data to make decisions that drive business value.
Want to learn more? Schedule a 15-minute conversation.
The simulation was excellent, made you consider factors like risk, competitors, growth strategies but in a fun and engaging way.
Participant, Dell Technologies
How Does it Work?
- Participants compete in a dynamic business simulation and manage the complete value creation cycle — from sales and operations to launching new business units.
- Participants work in small teams to practice interpreting financial data using targeted practice exercises.
- The experience incorporates lessons in strategic planning, financial statement analysis, cost structure analysis, evaluating financial levers, and understanding the drivers of business value.
- Certified faculty with extensive finance and training experience debrief the learning and provide coaching insights.
- Facilitator certification for client-internal trainers is available.
- One year of online access to Fluent in Finance, an interactive, self-paced pre-work curriculum for all program participants is included.
I feel that I now have the knowledge to understand CFO level financial discussions at a basic level.
Participant, GE DTLP Program
Case Study
Business Acumen for Leaders
Southwest Airlines invests significantly in leadership development through a variety of learning experiences. Business acumen is an imperative concept for leaders to develop as they focus on meeting the company’s fiscal and operational goals. Recognizing this, Southwest identified the need to include a module on financial acumen in their high-potential leadership development program.