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.

For online payments please indicate SHA20145-01-27

Trainer

Dr. Laurenz Awater, General Manager and corporate trainer. Laurenz is an organizational development and intercultural expert whose China experience dates back to 1985 when he was foreign student at Beijing University. Laurenz is fluent in Chinese and works as management trainer and consultant. His Ph.D. thesis on ‘China’s Political Economic History from 1949 to 1997’ is a standard reference book at German universities and received mentioning on ‘Wikipedia’ and on books on G8 summit policy, China’s WTO-integration and EU-Foreign Policy. When working in German industry Laurenz was involved in large infrastructure and construction projects in China. In 2003 he founded the Shanghai INNOVA Management Institute, a training company known for organizing high-level executive workshops for expat managers and for its leadership and management training programs. Since then the Shanghai INNOVA Management Institute has built up a client base of more than 200 MNCs, mainly larger and mid-sized concerns from Western Europe.

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