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What is ENTERPRISE ProfitAbility?
ENTERPRISE ProfitAbility® is a one-day board-based business simulation that brings to
life the essential know-how needed to run any business. |
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Who should attend?
This engaging and challenging business simulation is for front-line employees, team
leaders, supervisors and managers. ENTERPRISE ProfitAbility® is a ‘must attend’ for
anyone who is serious about maximizing their contribution to the financial success of
their business. People from a diverse range of organizations, universities and
functions attend the course to re-energize their personal impact on the profitability
of their business. |
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What will they learn?
ENTERPRISE ProfitAbility® teaches people exactly how profit is made, how cash flow is
affected and how each individual can make a difference. Using a unique, board-based financial simulation, six teams compete to run the most successful business.
Participants navigate through the monthly sales and delivery cycles, and focus on the
decisions that really matter — those that impact the financial success of the business.
The simulated market determines how profitable your decisions are throughout the day,
interspersed with debriefs so that you can reflect on your company’s performance and
soak up the learning. |
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How will they learn?
Experiential learning – or ‘learning by doing’ – enables your people to absorb essential
concepts and transfer them directly to their workplace in the form of changed
behavior. Knowledge and business acumen are not only increased, but – vitally –
also retained. |
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What will they do?
Each participant is part of a 3 or 4 person team, in competition with 5 other teams.
Each team must make every decision a business owner would make: how to price
their products, which contracts to compete for, how much stock to buy, how to
finance investments, how to pay suppliers, and so on. The goal is to outperform your
competitors by creating more profit and value than them, while maintaining cash
flow that is critical to the business. Participants learn sound financial management in
a fluid environment, grasping the essence of strategy (adapting to the changing
environment faster than your competitors) along the way. The simulation is run over
6 business cycles. After each period of activity, short presentations are given on the
following topics, followed by immediate application exercises:
Profit vs. Cash
How both are crucial to business
growth and survival. |
Planning
What tools to use and how to analyze planned versus actual results. |
Ratios
Which ones to use and how they help you manage the business. |
My Job
What I will do back at work to create better financial and business results. |
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What’s the result?
The learning outcomes are:
- Improved understanding of why businesses make or lose money
- Understanding the difference between profit and cash — and why you should care!
- Understanding how to control cash coming in and going out of the business
- Knowing how to make smart decisions, every time
- Improved knowledge of how to use income statements and balance sheets …
without dying of boredom
- Understanding the importance of a business plan and why you need one
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What pre-work is needed?
None. Just bring a calculator, sharp mind and pencil! Prior to the program
you may be asked to do a web-based questionnaire, the Business Savvy Survey.
This 15-minute exercise will let you know the level of your business financial
acumen. The result you get is virtually instantaneous, is only sent to you and is
confidential to you. Furthermore, you can take the test anytime after the
ProfitAbility® program to record exactly how much and where you have improved. |
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Who should attend:
Front-line employees, team leaders, supervisors and managers
Class size:
18–24
Duration:
1 day (can be flexed to suit your needs)
 I want more information about this simulation
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