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Business Reality 101

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Running a business is not easy. Hundreds of events impact your organization every day. How can you significantly influence profitability either positively or negatively? Success depends on the ability to control costs, increase efficiency and productivity, develop people and implement effective processes and systems. The following three key areas must be addressed:

  • Increasing and accelerating the cash flow cycle
  • Improving systems and delivery efficiency
  • Better deployment of human capital 

NAED has developed a training partnership with Business Methodologies International to bring you Business Reality 101. Business Reality 101 is a guided, role-playing, simulation that allows your staff to understand the various roles and responsibilities of your entire operation. In the Business Reality 101 workshop, teams will compete with each other as they run a business for three simulated years. In this "hands-on" experience, you will gain better insights into decision making by observing the effects of operating decisions and business strategy. You will explore:

  • Cash flow
  • Supplier relationships
  • Operational efficiency
  • Personnel and systems development
  • Inventory controls
  • Customer service
  • Quality initiatives

Watch a video that highlights the benefits of participating in this program


Download an informational brochure 

Through NAED your company can take advantage of this unique learning experience at a reduced cost. For more information contact Member Services at memberservices@naed.org or 888-791-2512.

 

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