Business Simulation ApproachesMontpellier has vast experience and expertise in developing and implementing bespoke business simulation approaches for management training, developing commercial awareness, team building, conference events and away days. We identify the profit drivers and key success factors in your UK business and/or sector and develop business simulation approaches for your organisation to reinforce those critical factors that you must get right to survive and succeed in your industry or sector. By using our business simulation model as part of your training and development your staff increase commercial and financial awareness, develop planning and organisation skills, and improve team building. After attending the training and development programme, your managers and staff will have a greater understanding of the profit generators in your industry, together with an increased awareness of competitor activity and a practical understanding of pertinent management information. Our experience shows that the training promotes not only a more confident approach with customers, but also a greater appreciation of their roles in the business. As the backbone of a management development training programme, business simulation approaches support the role of your executives and external speakers. Your bespoke business simulation approaches allow teams of your employees to work together to set their strategy and make tactical and commercial decisions. Our management games and business simulations are also used on away days, conferences and staff business challenges which allow virtual teams to take part any where in the world in what is a very cost-effective training and education exercise. This is also particularly effective for organisations that have a geographically spread workforce or regional divisions or directorates as part of their corporate structure. Our Business Simulations are Computerised models that simulate the market and trading conditions in your industry or sector. They enable teams of your staff to gain the experience of running a business in a competitive but risk-free environment. How will Business Simulation be of Benefit your Organisation? By making similar business decisions to those taken by your Board or Senior Managers, your ‘managers’ and employees will have a greater understanding of the trading conditions and profit generators in your industry or sector together with an increased awareness of competitor activity and a practical understanding of important and relevant management information. Business Simulators for all Managers and Employees Business simulations are not new. The world's leading business schools and all the major colleges in the UK have been using simulations as part of their management programmes for many years. They provide the background and environment to allow delegates to experience the many different facets of business. However, due to the nature of these schools, participation is usually restricted to Directors and Senior Management. Montpellier has taken the opposite approach - you don't come to us, we come to you! If Directors and Senior Managers benefit from the experience, your other ‘managers’ and employees would also benefit and provide a far greater contribution if they had a wider knowledge from a practical application of your organisation, customers, competitors, stakeholders and the profit drivers required to succeed in your industry or sector. Our experience is that the broad knowledge gained promotes not only a more confident approach with customers, but also a greater appreciation of their own and other managers' roles in the business. And, last but not least, the participants' individual and team commitment to the task is a direct reflection of the fun and enjoyable learning process they experience outside of their normal role. Management Development As the backbone of a residential management development programme, a simulation supports and reinforces the input given by your senior executives and external speakers. By linking the presentation topics to the task of running their business, participants put theory into practice, and learn by results. Your bespoke simulation allow teams of your employees to work together to effectively run a business in your industry; to set their strategy and make tactical and commercial decisions in a highly competitive but totally risk-free and enjoyable environment. Working with you, we identify the profit drivers and key success factors in your industry and build a simulation for your company. We use your business terminology, relate to your products and structures, and incorporate the key decisions taken by your Board of Directors. Employee Business Challenges The employee competitions that we can organise and administer on a postal basis, allow many hundreds of employees at all levels to participate. Up to 125 teams anywhere in the world can take part. As no expensive residential venues are required, and little "off the job" time is lost, this is a very cost-effective training and education exercise. As the simulation is about your business, the task is relevant to your employees and the competitive element ensures that each team is working to do well. Through the interpretation of market, management, competitor information and the decision making process, the participants gain increased commercial awareness and a greater understanding of the inter-relationships of the various elements of running a business and their impact on profitability. The decision making process is normally carried out under time constraints and each member must play his or her part for the team to be fully effective. Assessment and Development Experience has shown us that participants in our simulations are very quickly absorbed into the task - in this situation they cannot help but be themselves! Our simulations are therefore excellent for development and assessment centres, as they provide the opportunity not only to assess the business and commercial awareness of the participants but also to observe specific behavioural competencies. Participants must work together to enable their team to achieve a result. Their skills in areas such as team building, working across teams, planning, organisation and communication come to the fore. In conjunction with your own observers we help you to use your bespoke simulation to observe, assess and develop the behavioural skills and competencies which are relevant to your organisation. Conferences Simulations are ideal to provide that competitive, fun and totally relevant event for your conference. The teams' decisions are spaced between your conference presentations to provide an exciting climax as the winners are announced at the end of the event. We have a simulation called RIVALS which is set in the television import and distribution industry and everybody can understand the objectives. It demonstrates the effects of getting things right and importantly, when you get it wrong |
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