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RAIDEA'S TRAINING AND DEVELOPMENT PROGRAMS
How Business Really Works

This program is meant to provide all employees an understanding about how business should work. All too often there is a misunderstanding between employees and senior management/owners because there is a lack of understanding about what is required to run a business.

This course simulates a business where something is produced with a certain amount of labour and material cost. Participants go through what it took to start the business and the level of dedication it took to maintain it. Then they actually develop their own work environment and make decisions about labour, work procedures, and the layout. It is a valuable course to help sensitize everyone about what it takes to run a business and the type of help needed by everyone to keep it moving forward.

Course Content

  • Setting up the simulation exercise:
    • Give an overview of the business there are working in
    • Provide:  the costs of labour and materials; the value of current contracts; the current sales price and gross margin; the standard operating procedure
  • Run three trials of the exercise to determine how business is fairing
    • Compare total parts produced against defects and the effect on cost per unit and the number of quality parts able to be produced
    • Assess use of labour per team and the cost associated with it for the unit cost
    • Calculate for teams the best case for cost per unit and units produced if everything was done perfectly
    • Analyze the difference between trials on cost per unit and units produced in a day and the effect this will have on management decisions
  • Features of the Three Trials
    • Simulate an accident in one of the trials
    • Full analysis of costs in each trial with the ability to show improvements or the impact of bad decisions
    • Ability to design their own work environment with written Standard Operating Procedures so they can see how their changes affected the gross margin
    • Set targets for the team(s) as they get better producing
  • The need for Key Performance Indicators (KPI’s)
  • The need to satisfy customer needs and the impact on volumes
  • The value of effective leadership
  • The degree of impact safety and quality have on the bottom-line

Who Should Attend

All employees; in fact, the third party company that supplies Wal-Mart Canada with its distribution has delivered it to all of its 3000 employees.

Length of Program

  • Half a day.



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