The MARGA Management Training

One business game program - different formats

• The program

  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. 

• Tutoring

  During the prgram the teams are intensivley accompanied by competent MARGA trainers who support them with professional feedback.

  In alternation to the active simulation periods, expert lectures or webinars on business topics take place:

  • 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.

• Learning Contents

  Participants train management know-how and learn to think and act in an entrepreneurial manner. 

  All participants:

  • 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.

The formats

Next dates:

  Online: April 18 - May 16, 2023

 In-class: May 03 -05, 2023

 Blended Learning: on request

Questions?

Dr. Sandra Wagner

The MARGA Management Training at a glance