Strategic Direction - Training on Target
Strategic Direction - Training on Target
Strategic Direction - Training on Target

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Operational Finance - The 'Apples and Oranges' Simulation

Delivering increased value is a cornerstone of any organisation's strategy.

Operational Finance - The Apples and Oranges SimulationImproving the awareness of business finance amongst the employees is critical. Employees need know what they do contributes to improved company results. Then they will action.

'Apples and Oranges' is a physical simulation that models the activities of a company. It helps employees get this understanding.

Working in teams participants run the simulated company. They create the accounts and see the links between the activities and the resulting reports. They see the impact of operational changes and the value of efficient resource deployment. The importance of asset utilisation, profit improvement and interdepartmental co-operation become clear.

After the seminar participants have:

  • a sound understanding of Profit and Loss accounts and Balance Sheets
  • knowledge of financial terminology
  • confidence to contribute to financial discussions
  • an understanding of improvement opportunities within their own role

In short employees start to behave as though the company's money was their own.

Click here to view PDF Click here for 'Apples and Oranges' printable information sheet

Celemi Apples and Oranges

 

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