If you want your team to experience what it’s like to run a business, we can provide a business simulation to help them understand what is required.

The team(s) will act as a management team, to set up and run a business over a number of business ‘cycles’. They will be faced with a variety of decisions about setting up the business prior to trading, and operating the business once it is trading.

Teams are provided with an information pack about their ‘business’, from which they develop their strategy and make their decisions. Decisions are computer analysed and the results returned in the form of a financial statement, showing the impact of the team’s decisions and actions on the bottom line of the business.

The aim is to achieve a profit, whilst maintaining staff morale and quality of service. Decisions must be made regarding business strategy, development and expansion, diversification, quality, promotion and financing.

These decisions will be made by the team, who will need to play to their strengths and operate as a cohesive team in order to reach agreement and operate a successful business.