Details

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Strategic Business Acumen Skills

Introduction

A successful organization strongly rely on their employees, managers, and sales director to make smart day-to-day decisions by thinking like the business owner. However, it often the case where most of the employees may understand their daily tasks and job role, while they may not understand the business of their business. While the loose alignment of the collective contributions from each “robotic” employees, business transformation and cultural swift could be ALL TIME big challenge for the organisation’s management.

Building Business Acumen in employees would enable them to have a greater sense to the business that they are in and could respond to the business decision with greater “business common sense”. It is one of the key for the employees to increase their sense of ownership to the organization and continue to create a meaningful impact on the business results.

Business Simulation Gamification – MonsoonSIM

MonsoonSIM is a Cloud Based ERP Integrated Learning Platform. This platform is simulating all aspects of business modules and business model and is fully configurable to simulate the business industries in the reality ranging from retails business, manufacturing, services, e-commerce, healthcare, sales, banking, hotel and a list goes on.

Rather a complex gamification, MonsoonSIM enable the certified trainer to configure the business environment accordingly to the crowd of attendees, or to illustrate a certain KEY DRIVER in a business. There are total of 12 business modules embedded in MonsoonSIM and it could effectively simulate their real-life business in a risk-free environment, which allow the participants to realize and discover the learning points by themselves rather than a traditional way of theory sharing. This is the new era of experiential learning in Business Knowledge where it drives the participants to understand the needs of certain difficult business decisions and further empathize the situation in their working environment.

Participants will be given real time experience in managing a fast-growing virtual business, competing among each other with difference business strategies in order to always stay relevant in the market. MonsoonSIM simulate the process of business by running through virtual business days in the system ranging from 80 days to 200 days, with every business day ranging from 30 seconds to 90 seconds. A great advantage of MonsoonSIM is when it embeds on Amazon Server. A MonsoonSIM session can be run at any time and participants can join the session at any location, competing virtually with other participants from the globe.

Learning Outcomes / Benefits

After this training workshop, participants will be able to:

• See the “big picture” of the organization.
• Understand the key drivers to build company with profitable growth.
• Appreciate personal daily tasks toward the inter-connectivity and cross-functionality within the organization.
• Align the personal career behaviours and values toward the organization’s vision
• Understand the fundamental of the Business Acumen Framework

Key Content

Module 1: Introduction To Business Fundamental

• Business Acumen Model
• How does business market works
• Fundamental of financial statement
• Organisation business mapping
• Measure of success (KPI) mapping
• TOOL: BMC – Business Model Canvas

Module 2: Introduction To MonsoonSIM Simulation

• Evolving of business model
• Business Strategy vs Business Mindset
• Power of data connectivity
• TOOL: MonsoonSIM Business Simulation

Module 3: Introduction To Blue Ocean Strategy

• Blue Ocean vs Red Ocean
• Case Study
• TOOL: ERRC Model

Module 4: Business Design Factor

• Hygiene Factor
• Sunk Cost Concept
• Economic Of Scale
• Lead Funnel
• TOOL: 27 Revenue Generation Funnel

Assessment: MonsoonSIM Simulation
• 75 days KPI to success

Coursework: Business Ideation
• Potential new value preposition in BMC

Target Audience

• Aspiring future leaders in the company
• All level of managers (fundamental for Part 2)
• Top management of the company
• Aspiring and existing entrepreneur

Methodology

The method of learning would include:

• Experiential Learning
• Workbook & Exercise
• Audio/ visual aids
• Coaching Sessions
• Feedback / sharing
• Online Virtual Realtime Business Simulation