Schuster Kane Alliance
Coaching Your Next Best Years John P. Schuster Profit and Cash
Soft People Skills
Hard Business Results
Stategic Planning
Business Skills
Financial Training
Case Studies
Partners and Alliances
Publications
Purchase Product
About Us
News
Contact Us and Feedback
Home
The Schuster Kane Alliance
Customized Financial Training

The benefits of your employees knowing the numbers are huge. In our groundbreaking studies we have found that employees who know the numbers increase customer service and perform more like real teams because they have a common goal. Companies from Intel to GE Capital, from utilities to manufacturers, from banks, credit unions and insurance companies to government agencies and nonprofits as well -- all have used financial training provided by SKA to create smarter, more business-conscious workforces.

Most companies start this training with their managers and supervisors, the ones who can coach the rest of the organization. But employees at every level in your organization can learn to understand essential financial numbers and concepts by playing the game of Profit & Cash®. This unique learning tool, with over 100,000 past participants, utilizes an interactive team approach as players "run their own company", and employees see what management has been talking about all this time.

Many customers want us to deliver the training, but others want "train the trainer". Call us so we can explore with you what might work best for your enterprise.

The Objectives of this unique kind of financial training:

  • Teaches business basics which help each employee understand the organization's financial objectives...
  • Gives participants a chance to make the kinds of business decisions that affect the company's success...
  • Provides a stimulating, engaging and fun-filled educational event time after time!

Players Learn These Important Basics And More:

  • Profit is not the same as cash
  • Companies increase profits by increasing sales and controlling or lowering costs
  • How to check a company's overall health by computing simple ratios and percentages (from the company's financial statements)
  • How sales numbers affect the company's Balance Sheet and Profit & Loss Statements
  • How a loan affects business decisions
  • Why it's critical to keep accounts receivable current

Better Decisions and Stronger Business Results

As employees begin to grasp the critical concepts that ultimately determine the success of your company, they will better understand how basic business decisions are made. In addition, they will recognize how their everyday contributions have a direct impact on business results.

Some customers have sent thousands of their employees to the financial training that SKA has designed. Please contact us for references.

MAKING A GAME FOR YOUR ORGANIZATION

Get the kind of financial training you want by tailoring or customizing the training with a specific version of Profit and Cash®.

The two fundamental games are (1) a service/light manufacturing game without inventory and (2) a micro-brewery with inventory.

Just a few of the additional games already designed include:

  • Insurance Groups
  • Utilities Companies
  • Steel Manufacturing
  • Banking Institutions
  • Telecommunications
  • Physicians' Offices
  • Nonprofit foundations
  • Hospitals

 

Click here to go to Profit and Cash®



 

What’s the connection between a rattlesnake and Profit & Cash®?

In November 2009, Hal Anderson was bow hunting with two friends in southeastern Montana. A large wounded buck was occupying their senses. Suddenly one of Hal's friends shouted to Hal, "Back up!", pulled out his pistol and pointed it at Hal's foot. Hal looked down and thought there was a stick stuck to his boot...but rather than a stick, it was the rattler pictured here. In trying to shake the clinging snake off, Hal lost his balance...and the snake's fangs pierced completely through Hal's boot and into his leg.

Hal's friends took him to the nearest hospital, a small rural facility where Hal, worried that he could die not only from snake venom but also from a heart attack while waiting for care, was taken care of by a dedicated team in which everyone pitched in.

As it turned out, the rattlesnake's strike had been "dry" - no venom injected. But suppose there had been no hospital available? Small rural hospitals are a vanishing breed in this country. Hal wanted to do something to repay the hospital for its commitment to outstanding care even in the face of a diminishing patient population. He made it his commitment to find out what the hospital needed and to help where he could. It turned out that knowledge of business finance was lacking among the hospital's managers. But how could one person help an entire hospital, even a small one, to become more financially astute such that they could make better decisions, develop better strategies, form a strategic vision?

He started researching. On the internet, the first thing he found was the HFMA article about the approach Adventist HealthCare took to help their leaders grasp the essentials of financial management: the Profit & Cash® business simulation game. He talked to an Adventist executive who put him in touch with John Schuster. In a phone conversation, John invited Hal to participate in a demonstration of the game. Hal was impressed with the level of learning Profit & Cash® could engender and its specificity to an industry, in this case healthcare, such as the draw cards that pose detailed, strategic situations in which decisions must be made as to what benefit or detriment could occur. Hospitals can't "just cut their way to profitability," Hal states. They must learn other ways to increase their market share, to perform outreach, and to educate their staffs in issues affecting the bottom line. His goal is to take the Profit & Cash® simulation to this hospital at a time when they need it as a way of saying thanks for their being there - at a time when he needed them.

 

Home | Coaching | Next Best Years© | John P. Schuster | Profit and Cash®
Soft People Skills | Hard Business Results | Partners & Alliances
Publications | Purchase Products | News | About Us | Contact Us/Feedback

Web Hosting and Maintenance provided by Take Care of My Web Site.com

Copyright © 2006-2010