Learning Business By Doing Business
TOPSIM® – General Management simulations offer an engaging playground for learners to learn business by doing business. It allows one to learn by making decisions — and mistakes — in a completely risk-free environment.
The learners of the simulation take up decision-making roles of their units to compete as teams against other units in a simulated environment. While proceeding through different modules, teams need to plan, strategize, and decide, taking into account several variables that influence the operating environment. Through their decisions, the participants influence the success of their unit.
Learning Outcomes
Participants return to work the next day with the ability, tools, and confidence to:
- Understand the overall business situation and interactions, and take a networked approach for value-based management
- Use strategic analyses (environmental and business analyses) and select competitive strategies for a range of products, markets and target groups
- Evaluate marketing and product strategies using portfolio analyses
- Interpret results using managerial accounting
- Evaluate strategic investment planning
- Compare and select financing options and assess the risk of foreign currency loss
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Learner Experience
Learners of TOPSIM® – General Management act as the managers, taking strategic and operational decisions in marketing, sales, research and development, purchasing, manufacturing, human resources and administration.