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Training for commercial awareness

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I am searching for any games/activities/coaching tools which will help to develop retail (fashion) store management commercial awareness. The general idea is that these games/activities/coaching tools will be used as part of a store manager development toolkit. This is an urgent one!....any suggestions would be greatly appreciated.

Thanks in advance.


Craig Ramsay

3 Responses

  1. Live Balance Sheets
    I have been running commercial awareness / financial awareness for about 7 years

    the best way i have found of teaching it is to bring things to life using floor exercises and games where people can really see how company finance works.

    it does involve using a lot of props but it makes it fun and interactive.

    i would be happy to talk to you about it to give you some pointers etc if you want

    anthony@thevisionmatrix.com

  2. Business Simulation
    Craig
    One approach is to use a computer simulation like Retail Challenge – http://www.simulations.co.uk/reteval.htm This introduces basic commercial concepts (finance (P & L, Balance Sheet & Cash Flow), marketing (mark-up & promotion) and operations (amount to purchase and staffing levels)) and how these link together.