Put your executives behind bars!
Virtual Village Pub
online
Financial & Commercial Awareness
2 Days
Finance for Non-Financial Managers
© Virtual Village Pub Limited
2½ hours
Commercial Awareness & Team Building
The teams complete six rounds of the Virtual Village Pub simulation, generally having up to thirty minutes in which to analyse the available information and enter their decisions into a computer. Although the decisions they need to take will be the same each round, the nature and volume of information at their disposal gradually increases. Before each round, the facilitator provides 10 to 20 minutes of input, explaining new reports, ratios and graphs as they become available for the first time. In this way, the participants are gradually introduced to the full range of management tools at their disposal. The facilitator also provides a review of the simulation at the half way stage and a more thorough round-up after the final round of decisions.
Financial and
Commercial Awareness
Commercial Awareness
This programme allows participants to experience the full simulation but is more limited in scope than the two day finance for non-financial managers course. It is an ideal solution for those who are unable to release their managers for two days but who nevertheless want to develop their financial and commercial acumen.
This is how the reports and ratios are introduced before each round:
* Round One – Introduction to the simulation
* Round Two – Profit & Loss Accounts
* Round Three – Balance Sheets
* Round Four – Key Ratios - focusing on market share, margin management, cost control and asset utilisation
* Round Five – Cash Flow Statement
* Round Six – Revision of learning
We supply a laptop for each team - you don’t have to worry about hardware, software or anything else.
Each participant receives a spiral bound booklet which introduces the simulation and the village. This also provides extra information on the decisions that the team need to take and reference material on how to understand the accounts, the reports and the key ratios. All of this information is also available on the computer screen but it is helpful if everyone has their own copy, especially if they want to refer back to the contents when they are back in the office.
This option allows an appropriate in-house trainer to facilitate the programme at a reduced cost.
* Round One – Introduction to the simulation
* Round Two – Profit & Loss Accounts
* Round Three – Balance Sheets
* Round Four – Key Ratios - focusing on market share, margin management, cost control and asset utilisation
* Round Five – Cash Flow Statement
* Round Six – Revision of learning
We supply a laptop for each team - you don’t have to worry about hardware, software or anything else.
Each participant receives a spiral bound booklet which introduces the simulation and the village. This also provides extra information on the decisions that the team need to take and reference material on how to understand the accounts, the reports and the key ratios. All of this information is also available on the computer screen but it is helpful if everyone has their own copy, especially if they want to refer back to the contents when they are back in the office.
This option allows an appropriate in-house trainer to facilitate the programme at a reduced cost.
1 Day
