PAO For Profit! – A Business Simulation Learning Experience

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Private Class from

5000/day

(2 Days)

BENEFITS

Upon completion of this program, participants will …

  • Understand the different aspects of business acumen to ensure the organization achieves better results
  • Manage crises effectively – Forward thinking
  • Jump-start their creative juice
  • Handle financial, budget, business planning with confidence
  • Communicate to persuade and influence team to buy-in your ideas

INTRODUCTION

PAO FOR PROFIT! Drives home the fact that given the same information and the same opportunity, the quality of decisions and decision-making is determined not just by managerial status; more by cleared thinking, good leadership, and team synergy.


It is a 2-day live business simulation experience that is designed specifically to enhance and enrich business acumen, budget forecasting and tracking, marketing planning, develop team communication. Placed in a local setting, players will be placed in a role of a business owner.


AUDIENCE

This program is suitable for managers, executives and supervisors.


METHODOLOGY

An interactive learning simulation exercise in a business environment, exploratory discussions, role-plays, experiential activities.

IDENTIFYING TARGET SEGMENT AND GO FOR IT
  • Begin With The End In Mind (What Are The Factors To Consider?)
  • Set Up Your Criteria To Obtain Better Result In Location Selection
  • How To Get Agreement In A Team

Practice Exercise: Bid For One Of The Four Locations To Set Up Shop

Key Learning Objectives: Critical Analysis, Decisive Decision Making And Prudent Spending (Focusing On ROI)

PLANNING & IMPLEMENTING ACTIONS
  • The Planning Process
    • Establish Goals And Prioritize Goals And Tasks
    • Identify Resources
    • Create Assignments And Timelines
    • Establish Evaluation Method
    • Identify Alternative Courses Of Actions

Practice Exercise: Team To Come Up With Business Name, Logo Design And Create A Mock-Up Of Their Shop

Key Learning Objectives: Creative Input, Team Interaction And Synergy, Informative Presentation

MANAGING MUTIPLE TASKS
  • KRAS (Key Result Areas) = Effectiveness In Deliverables
    • Minor And Major Tasks Have Equal Weightage For Results
    • How To Keep Track Of Multiple Tasks Progress (Activity Decision Sheet)
  • Why It Is Important To Keep All Records Updated?
    • Keep An ‘Eye’ On Expenses As It Affects Goals Achievement – How?
      • Cash Flow And P & L Statement
  • Factors To Consider When Planning Marketing And Mock-Up Of Flyers, Radio Ad Or Television.

Practice Exercise: Flyer For 1st Quarter Promotion Event

Key Learning Objectives: Prioritization Of Tasks, Managing Deadlines, Tracking Process, Being Creative, Multi-Tasking

HOW TO WRITE A BUSINESS PROPOSAL
  • Introduction Of Business Scope
  • Target Market
  • Marketing Strategy
  • Value Proposition
  • Forecast Results

Practice Exercise: Team Input To Create An Impactful Business Proposal Presentation For The 50K Grant.

Key Learning Objectives: Business Storytelling, Marketing Planning, Budget Forecasting, Business Values

CRISIS MANAGEMENT
  • Handle And Deal Calmly With Any Crisis That Crops
    • Think-On-Your-Feet
    • Take Charge And Assign Action Steps

Practice Exercise: Black-Out Incident

Key Learning Objectives: Multi-Track Thinking, Setting Up Contingency Plans

MANAGING CUSTOMERS (EXTERNAL/INTERNAL) COMPLAINTS
  • Steps To Take For Service Recovery
  • ASAP Communication Process
  • Approaches To Take To Resolve Conflicts At Work

Practice Exercise: Difficult/Challenging Customers – Aggressive & Loud, Apologetic & Soft-Spoken, Arrogant & Sarcastic, Long-Winded & Distracted

Key Learning Objectives: Problem Solving Skills – People Problems

VALUE ADD-ON IT – WEBPAGE CREATION
  • How To Create A Webpage With A Template Platform
    • What Are The Details?
    • How To Create A ‘WOW’ Factor

Practice Exercise: To Promote Your ‘PAO’ Business – Design A Webpage

Key Learning Objective: Upscale Existing Skills – Cross Training

MANAGING AN EVENT
  • How To Plan And Manage An Event
    • Planning And Execution
      • Identify Your Goal Or Objective
      • Identify Your Target Market
      • Choose A Time And Venue
      • Plan The Budget
      • Plan The Experience
      • Promote

Practice Exercise: Event: Participate In The International Food Fair

Key Learning Objectives: Tools To Help You Build Customer Loyalty, Attract New Markets, And Increase Sales

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