Finance Challenge
Put your senior leaders to the test in a sophisticated business acumen and strategy competition.
Finance for Nonfinancial Senior Leaders
Expand your leaders’ business horizons. Let them make difficult long-term investment decisions and feel the pressure of making economic trade-offs as they learn from their successes and failures in a safe, simulated business environment. Through expertly facilitated debriefs, your leaders will feel more confident making investment decisions, utilizing financial ratios like ROIC (Return on Invested Capital), and evaluating strategic options that drive long-term business value.
Thinking through the entire process from R&D to manufacturing and sales was really cool and gave a great broad financial perspective that I don’t get to see every day.
Participant, General Electric
The details
Objectives
Audience
Format
Why Finance Challenge?
Senior leaders of an enterprise need to communicate effectively to stakeholders about business metrics and evaluate financial data to make informed business decisions. Finance Challenge provides a safe environment to experiment with business levers and see the impact of executive-level decisions in real-time. It offers participants practice using financial data to make decisions that drive business value.
The material, simulation, facilitator, all top notch. This should be mandatory for anyone with a hand, or interest in business.
Participant, Dell Technologies
How Does it Work?
- Participants compete in small teams in a sophisticated, dynamic marketplace.
- Participants analyze financial data and ratios and have to make long-term investment decisions with ambiguous data sets.
- The experience incorporates lessons in strategic investment analysis, ratio analysis, business planning, return on invested capital, evaluating strategic levers, and understanding the drivers of business value.
- Certified facilitators with extensive finance and training experience debrief the learning and provide coaching insights.
- Facilitator certification for client-internal trainers is available.
- One year of online access to Fluent in Finance, an interactive self-paced pre-work curriculum for all program participants is included.
How Do I Use It?
Finance Challenge can successfully integrate into your senior leader development programs, whether you are expanding business acumen horizons in senior functional leadership teams or cross-functional enterprise leaders.
Finance Challenge can also form the cornerstone of a new senior-level leadership development program. Abilitie has extensive experience in creating impactful executive education programs for clients around the world. Learn more about our custom program design options for senior leaders here.
Senior Directors
Hone Senior-Level Business Acumen
Many leaders have never had a formal business school education and have learned key financial concepts on the fly. Finance Challenge provides seasoned leaders the opportunity to hone their financial acumen skills in a rich and thought-provoking team-based competition.
VP-Level NonFinancial Executives
Provide a Safe Practice Environment for Your Executives
Most executives are competitive by nature. Finance Challenge provides a rich learning and safe practice environment for your senior leaders and allows them to test their financial acumen skills in a fun cohort-based competition.
Intact Executive Teams
Build Your Executive Team With A Challenging Competition
Finance Challenge can be used as an ideal team-building experience for senior-level teams. By allowing your executives to run a simulated company over multiple years and compete with peers, you build executive-level business acumen and bring your executive team closer together.
The software was one of the best simulations I’ve been through in any training I’ve received through the years.
Participant, Lane Construction
Case Study
Business Acumen for Leaders
Southwest Airlines invests significantly in leadership development through a variety of learning experiences. Business acumen is an imperative concept for leaders to develop as they focus on meeting the company’s fiscal and operational goals. Recognizing this, Southwest identified the need to include a module on financial acumen in their high-potential leadership development program.
Learn More About The Finance Challenge Simulation
We work with clients in interactive design workshops to find the right solution for you. Give us a call at (512) 593-8726 to schedule an exploratory conversation today.