Entrepreneurial Challenge
Course Overview
Entrepreneurial Challenge (3-4 Hours) |
Understanding How Business Works.
Target Audience
Entrepreneurial Challenge is a four-hour program that is designed for frontline employees, internal staff, support personnel and other individual contributors who need to understand how a business works and how their actions impact the company. Entrepreneurial Challenge helps those employees who don’t make business decisions but implement day-to-day activities that impact your company’s bottom line. |
Testimonial
The business literacy training has played a vital role in our efforts to prepare our plant culture for employees to take more responsibility for running the business.
-John Mann, Michelin |
The Simulation Board
Entrepreneurial Challenge uses a scripted story of the start-up and expansion of a company, with problems of inventory build-up and falling prices; at the end, each team makes a different decisions on improving the business, and they get to see how the costs and benefits of the various options play out. |
Benefits of Entrepreneurial Challenge
This program fits seamlessly with longer, more complex Income/OutcomeTM offerings; you can develop organisational alignment through a shared Language and a shared understanding of business across your company.
- Read and understand Income Statements and Balance Sheets and know how they impact these reports
- Make better choices in everyday activities leading to cost savings or increased profits
- Build strong relationships with customers and suppliers by being able to talk the language of business
- Understand how profit is made and what they can do improve bottom line results in their job
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