Financial management

financial management

strategy

As 5th Mind Training & Consulting, we train and develop board game-based business simulations in the field of business administration for your training and further education measures.

Innovation

As 5th Mind Training & Consulting, we train and develop board game-based business simulations in the field of business administration for your training and further education measures.

Board game-based business management simulation games for in-company training and further education

The experience-oriented learning revolution
3-5 participants take over the management of a fictional company as a small group and play with 4 other companies against each other in a limited market. The aim is to optimize, i.e. increase sales and reduce the cost of business results. The participants learn business relationships in a playful way. Issues such as balance sheet, profit and loss account, cash flow or key figures such as ROI, ROE, WACC, ROCE lose their terror and are suddenly perceived as exciting. Through their activities, the participants are closely involved in the events and recognize the connections between cause and effect much faster. The impact of every management action is experienced immediately. Our experience shows that only what is learned easily is enjoyed.

The result: you know how
Active management of a company makes permanent, practical decisions, whereby the effects and relationships on the success of the organization are immediately understandable. By taking over a fictitious company (game board), the employees are trained for successful management in the real company. The goal is to experience how you can sustainably increase the success of your company with business knowledge.

FAQ: Occasions for board game-based company simulations

There are more than enough questions and reasons to start with a board game-based company simulation.

Here are the most frequently mentioned occasions by our customers:
  • Think & act entrepreneurially
  • What contributions do the participants make to the company's success?
  • Business administration know-how in digestible "snacks" for "grown" managers
  • Get to know cross-departmental perspectives, capture the "big picture", take a bird's eye view in the company
  • Sectors that have changed a lot (“from mechanic to merchant”)
  • Companies that have major changes behind / in front of them (restructuring, short-time work, repositioning, ...)
  • Preparation for independence
  • courses
  • MBA - start / end courses
  • Courses at universities in the area of business administration / controlling

Target group: Business studies for winners and heroes

Experience has shown that interactive, experience-oriented training is particularly suitable for:
  • Managers / junior managers
  • High potentials
  • Franchisee / lessee
  • self-employed
  • Technician and
  • scientist
For everyone who needs, needs to refresh or expand business know-how. Experienced managers can be communicated strategy changes clearly and efficiently.