The MARGA Management Training
One business game program - different formats
Our intensive and sustainable MARGA management training is an open business game program in which individuals or groups can participate regardless of company or industry.
We offer the program as online, in-class or Blended Learning solution. The program is suitable for career starters, specialists and executives with and without a buiness background who want to deepen their management knowledge.
The MARGA Management Training uses the classic general management company simulation. In a dynamic and realistic competition, the participants, divided into small teams, manage their own virtual company with all its divisions and functions over four game periods.
Taking into account current political and economic factors, they develop a competitive strategy and translate this into operational decisions in their virtual company. The participants are responsible for strategic planning and all operational areas of the company (marketing, sales, production, human resources, logistics, finance, etc.). They make decisions as a team, analyze results and compete directly against other teams.
Efficient controlling ensures transparency and provides comprehensive information for well-founded decisions. The goal is to increase the value of the company as measured by Economic Value Added (EVA).
The MARGA Online Course "Financial Basics" is also an integral part of the program. As an individual training course with learning success control, the course conveys the basics of internal and external accounting and thus offers an optimal theoretical basis that can be transferred directly to the business game. In an online warm-up prior to the training, all participants receive an introduction to the online course and the program.
During the prgram the teams are intensivley accompanied by competent MARGA trainers who support them with professional feedback.
In alternation to the active business game periods, expert lectures on business topics take place in the classroom format. In the online formats, learning videos are available for which open questions can be clarified in live Q&A sessions. Topics are:
- Understanding Controlling
- Implementing strategies
- Creating company value
Repeatedly, decision-making situations from the business game are taken up and examined in terms of content. In addition, experienced tutors guide participants through group sessions and support them during self-directed teamwork.
The combination of guided theoretical modules and individual game-based learning in a dynamic business game competition and virtual teamwork creates a particularly sustainable learning effect.
Participants train management know-how and learn to think and act in an entrepreneurial manner.
- make real entrepreneurial decisions
- implement strategic decisions in operational procedures
- get to know the cooperation between all functional areas in the entire interrelationship of the business
- manage company procedures and see them presented in the accounting system
- align their own range of products and services to the requirements of the customer
- learn how to use information from controlling for well-founded decision making
- transfer the principles of value-orientated management into specific actions
- organize themselves as a team and enter the competition against other teams
In the MARGA Management Training praticipants train technical competencies (business know-how) and methodical competencies (concrete application of the knowledge in the business game) as well as social competencies through interaction in the team. They thus strengthen their communication, conflict and teamwork skills.
Game-based learning in the MARGA business game also has a positive effect on the personal competencies. Self-confidence and personal responsibility, but also a high level of frustration tolereance and resilience through challenges or even failures in the game are strengthened.
We offer the MARGA Management Training in different formats. Depending on organizational conditions, choose between:
- the online business game: 4-week e-learning programm; next date: November 07, 2023
- the in-class business game: 3-day compact seminar on site; next date: May 03, 2023
- the blended learning business game: six-week training combining online and in-class phases; next date: on request
All of our open programs take place on fixed dates at least once a year.
Dr. Sandra WagnerArrange individual
The MARGA Management Training at a glance
Target Group: Career starters, specialists and executives with or without a background in business administration
Format: Online, in-class or blended learning, depending on organizationals conditions
Language: German & English
Learning Contents: Management Know-how, business administration skills, business decision-making skills & teamwork
Tool: modern & intuitive business game software with current scenarios on economic developments
Tutoring: content-related tutoring and subject-related webinars or lectures by experienced experts with a bachground in business studies
Online Course „Financial Basics“: included in the program as a theoretical foundation for internal and external accounting