STRATEGIC AND FINANCIAL BUSINESS SIMULATION
ProfitQuest
- 12 - 16 godzin (+ discussion)
- 9 + participants
ProfitQuest is an immersive and engaging simulation in which success depends on making difficult decisions and the ability to anticipate and co-create strategies, as well as on communication and cooperation with others. It allows expanding existing knowledge and skills and verifying them in real situations of company management and business development.
Participants, divided into teams of 4-5 people, take on the role of boards of directors of competing companies. They are given various functions in the company they run, along with assigned responsibilities.
The companies compete with each other, which triggers rivalry. The plot obliges them to plan their actions, anticipate the actions of others, and allows them to compare managerial efficiency.
All the participants’ decisions are illustrated on the board with tubes and tokens, symbolizing the company’s assets/liabilities – this develops the ability to see the “cause-effect” perspective.
Benefits for the organization:
- A holistic view of the enterprise, development of managerial competence in strategic planning.
- Putting into practice the knowledge and skills of business management, taking into account the risks associated with operating in the market (e.g., competition, limited resources).
- Demonstrating how the various processes that occur in each organization translate into financial data.
Application:
- Workshops on strategic thinking and planning,
- Workshops on building company value,
- Raising business awareness among executives or management candidates,
- Training program for managers and specialists,
- Talent development programs in organizations.
📌 The game made me realize that operating in the market is hard without a well-developed strategy. Thanks to the boards, it was possible to observe the company’s movement tangibly and see the effect of the decision.
📌 I consider the most relevant issues covered in the game and workshop to be the impact of strategy choice on the income statement and balance sheet and the value of the company, decision-making under time pressure, cash flow control, and strategic thinking.
