Sambodhi Research & Communications Pvt. Ltd.
Simulation-based Business Strategy & Acumen Workshop
About EducationNest
EducationNest, a division of Sambodhi Research & Communications Pvt. Ltd., is dedicated to delivering impactful learning experiences through innovative and application-driven training programs. Built on a strong foundation of research and capacity-building expertise, we offer a variety of programs aimed at enhancing professional capabilities across sectors. Our simulation-based workshops are carefully crafted to connect theoretical knowledge with real-world business applications.
About the Workshop
Business simulations offer a hands-on, immersive approach to developing, testing, and refining business strategies within a virtual setting. By integrating cutting-edge technology, these simulations replicate complex business environments where multiple variables are managed simultaneously. Participants experience realistic decision-making processes, enhancing their understanding of cross-functional business operations, sharpening strategic thinking, and improving leadership skills.
Designed specifically for the Indian corporate environment, this workshop focuses on critical business domains such as operations, procurement, inventory management, R&D, marketing, human resources, and finance. Participants engage with real-world challenges, honing their decision-making and leadership abilities.
Why Choose a Simulation-Based Approach?
- Higher Engagement: Simulations create an interactive environment leading to better participation and knowledge retention compared to traditional methods.
- Comprehensive Business Insight: Participants gain a holistic understanding of how different business functions interrelate.
- Risk-Free Learning: The platform allows participants to experiment with decisions without facing real-world consequences.
Target Audience
The workshop is tailored for professionals aiming for leadership and management excellence, categorized as:
Basic Level
Management Trainees (MTs), Graduate Engineer Trainees (GETs), and Junior Managers
Intermediate Level
Mid-Level Managers.
Advanced Level
Senior Managers.
Strategic Level
Business Strategists and Decision Makers.
- Enhance decision-making and strategic thinking skills.
- Understand the financial impact of various business decisions.
- Strengthen cross-functional management insights.
- Improve data-driven resource allocation and analysis.
- Enhance decision-making and strategic thinking skills.
- Understand the financial impact of various business decisions.
- Strengthen cross-functional management insights.
- Improve data-driven resource allocation and analysis.
Workshop Pedagogy
Participants will simulate the management of a company, making strategic decisions over multiple rounds. Each round will conclude with a detailed debrief and analysis to reinforce learning.
- Two-Day Program
- One-Day Program
Industry Scenarios Covered
Cases developed by the Management professionals based on real experience are in:
- Paper
- Liquor Industry
- Computer Hardware
- Steel
- Automobile
- Beverage
- Tire
- Lubricant
- Mobile Music Player
- Machine Tools
- BPO
- Hotel
The program is delivered through multiple simulation rounds, each followed by a debriefing session to discuss outcomes and concepts. The workshop can accommodate up to 30 participants.
Workshop Schedule
Our customized long-term programs foster leadership, addressing your organization’s specific needs, ensuring sustainable growth and development for leaders at every level.
Day 1
- Overview of Business Simulation and its key learning points
- Introduction to the simulation case study
- Comprehension of financial statements and analytical reporting tools
- Explanation of simulation rules and their effects on financial reporting
- Identifying challenges faced during the trial round
- Developing Excel models for product costing exercises
- Decision-making for the trial round and submission of outcomes
- Reviewing trial round performance and competitive standing
- Conducting financial ratio analysis
- Discussion on emerging challenges for Quarter 1
- Conducting cost-benefit analysis of project options using MS Excel
- Making and submitting decisions for Quarter 1
- Analyzing Quarter 1 results and competitive positioning
Day 2
- Addressing challenges in Quarter 2
- Evaluating new business projects through cost-benefit analysis
- Considering non-financial elements in business decision-making
- Analyzing financial performance and competition after Quarter 2
- Exploring Quarter 3 challenges
- Financial and competitive analysis based on Quarter 3 outcomes
- Identifying traits of top-performing teams
- Discussion on new issues in Quarter 4
- Analysis of financial and competitive reports post-Quarter 4
- Unpacking challenges in Quarter 5
- Conducting a final overall analysis and comprehensive debrief
Day 1
- Introduction to Business Simulation and expected outcomes
- Detailed briefing on the simulation case study
- Interpreting financial statements and analytical reports
- Explanation of simulation rules and their financial implications
- Addressing trial round challenges
- Execution and submission of trial round decisions
- Evaluation of trial round results and competitive analysis
- Performing financial ratio analysis
- Introduction to new issues arising in Quarter 1
- Quarter 1 decision-making and submission
- Reviewing results and analyzing competition after Quarter 1
- Strategic decision-making based on Quarter 1 insights
- Discussion on Quarter 2 challenges
- Cost-benefit analysis for evaluating new projects
- Review of financial and competitive standings after Quarter 2
- Discussion of Quarter 3 challenges
- Final assessment of results followed by a complete debrief
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