Employees who think entrepreneurially and understand the financial relations and value streams within a manufacturing enterprise, are the basis for long-term success of a company.

This one-day simulation-based training provides non-finance managers with no prior experience in financial management with an outstanding opportunity to learn the basics of finance and accounting and business management. In small teams the participants play the role of the management team of a manufacturing enterprise and are guided through an increasingly self-directed process of business and financial performance optimization.

By managing the enterprise over a simulated period of 3 years the participants learn how productivity, efficiency and profitability can be influenced by the actions they take and learn to bring the company back to profitability.

This board-based simulation provides for a risk-free learning-by-doing environment ideal for participants to learn the basics of finance and accounting through simple but increasingly challenging exercises.

After completition of this training learners know how to fill

• P&L Accounts
• Balance Sheets and
• Key Performance Indicator Sheets and how to make
• Cash Flow Statements

Terms & Conditions:

·         Each registration and membership status needs to be confirmed by the European Chamber

·         A written confirmation with the bank details will be sent to the participant

·         All payments need to be done in advance. A scanned version of the bank slip needs to be sent to the European Chamber.  

Cancellation Policy

Ÿ  Cancellation requests must be confirmed by mail. Please see the conditions below:

Ÿ  Cancellations made 7 working days prior to the course will be charged with 20% course fee.

Ÿ  Cancellations made 5 working days prior to the course will be charged with 50% course fee.

Ÿ  Cancellations made 3 working days prior to the course or absence from the course will be charged with 100% course fee.

To cancel you can: 1) email yangzhao@europeanchamber.com.cn, or 2) cancel online if you registered for the event through the website.

Speakers

Dr. Laurenz Awater

General Manager and Corporate Trainer

Dr. Laurenz Awater

General Manager and Corporate Trainer

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Dr. Laurenz Awater is a people and organization development expert with more than 20 years of China experience. He works as management consultant and trainer for international corporations operating in China. As head of the Shanghai INNOVA Management Institute Dr. Laurenz Awater has been organizing and facilitating high-level consulting-style executive workshops in China since 2003.

INNOVA supports its corporate clients with customized development solutions to bring about performance-enhancing changes in the way organizations and teams are working. Our inhouse training solutions stand out for their innovative design, passionate way of delivery and their learning methodology stressing experience, reflection, interaction and results. Solutions offered cover management skills training, leadership coaching, team development and change management workshops and corporate culture alignment program.

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