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Learning Objectives of a PriSim® Course
The primary objective of a PriSim course is to improve business decision-making. To accomplish this, each course focuses on four key learning objectives: improving business acumen, enhancing strategic thinking, increasing financial understanding, and building leadership and teamwork. In addition, specific topics and concepts for your industry or market can be added and customized.
Business Acumen
Finance and Key Performance Indicators - learn to speak the language of business - finance! "Connect the dots" in how a company makes money and discover how business decisions impact performance. Interpret the critical financial statements (P&L, Balance Sheet) and analyze quantitative data (financial ratios and "KPIs").
Cross-Functional Decision-Making - practice integrated business thinking and learn how to align business functions/processes.
Marketing & Operations - segment customers, promote the business, build capacity/service levels, and coordinate staffing. Make choices between investment opportunities using Net Present Value (NPV) and Break-Even analyses.
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Strategic Thinking/Planning
Strategy and Long-Term Positioning - understand the current state of a company using SWOT analyses, establish a company mission, set long-term objectives and goals, identify and implement strategies, and execute tactics.
Competitive Analysis - analyze competitive positioning and develop plans to differentiate the company.
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Leadership and Teamwork
Leadership - learn the key elements of leadership, the critical qualities of a leader, and distinguish between leadership and management. Improve emotional intelligence.
Teamwork - work as a group to make decisions. Practice team dynamics. |
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Four Key Learning Objectives:
- Improve Business Acumen
- Practice Strategic Thinking
- Increase Financial Understanding
- Build Leadership and Teamwork Skills
"Working with the PriSim organization enabled (us) to build seamless alliances both within and outside the organization. Their approach to building the simulation tapped into subject matter experts and resources within (our company) at some of the highest levels of management. The end product is a resounding success as a learning tool, eliciting rave reviews from participants. We have found PriSim to be flexible and willing to continue enhancing the Insurance business simulation product each time it's offered. If you're looking for an organization to partner with in building a business simulation for your industry, I can heartily recommend PriSim Business War Games! They'll provide a superb product -- and they'll make it easy for you!"
- Scuba Magazine Participant, March 2002 |
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