MARGA Management
Training

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 simulation periods. Taking current political and economic factors into account, they develop a competitive strategy. They translate this into operational decisions in their virtual company.

They are responsible for strategic planning and all operational areas of the company (marketing, sales, production, human resources, logistics, finance, etc.). The participants 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 aim 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 individual training with learning success control, the course teaches the basics of internal and external accounting and thus offers an optimal theoretical basis that can be transferred 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

All participants:

• make real business decisions
• translate strategic decisions into operational measures
• learn about the interaction of all functional areas in the overall business context
• control operational processes and see how they are reflected in accounting
• align their own range of products and services to the needs of customers
• use controlling information to make well-founded decisions
• organize themselves in a team and compete directly against other teams

In the training, social skills are trained through team interaction in addition to specialist skills (management know-how) and methodological skills (concrete application of specialist knowledge in the business game). Among other things, participants strengthen their communication, conflict and teamwork skills.

Game-based learning in the MARGA business simulation also has a positive effect on personal skills. Self-confidence and personal responsibility, but also a high level of frustration tolerance and resilience are strengthened through challenges or even failures in the course of the game.

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 e.g.:

• 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.