THE BUSINESS EXPERIENCE FOR RETAIL COMPANIES
The Business Experience significantly improves commercial awareness, financial understanding and business acumen of anyone working in a retail environment
We take groups of delegates and immerse them in a competitive market environment. They run competing companies, making all the key decisions and then live with the consequences. Our highly experienced trainers interpret delegate performance, advise teams and reinforce best practice as well as your key business messages
The benefits to the firm are huge
- Increased profitability
- Understanding of financial information
- Reduced lock-up and much better cash flow
- Staff committed to improving the business
- Big picture understanding across the firm
- Significantly improved decision making
The messages that we are asked to promote vary but typically include the following
- Understanding market structures
- Competitive strategies from price to quality to marketing
- Market research: sources of information, costs and benefits
- Price based competition and the race to the bottom
- Sales strategies, eg loss leaders, cross-selling, BOGOF etc
- Supplier decisions, utilisation of shelf and floor space
- Market share; customer satisfaction; flexible operating
The Business Experience presents delegates with an enjoyable challenge. It is always tailored to the delegates and is suitable for a range of situations
- Finance for non-financial managers course
- Management development and talent management programs
- Sales academies, induction courses and career progression
- Introducing accounting and financial statements
- Delegate assessment and team-based working
- Improving general commercial and financial awareness
- Reinforcing the importance of all an organisation's functions
CLICK HERE to download a PDF with more details on The Business Experience for Retail companies
