1. Business Simulation Seminar
Introduction to the Human Resources Module

2. Simulation HR Module Will make decisions on:
Recruiting
Training
People can give you a competitive advantage

3. HR Competitive Advantage
A skilled workforce is more productive than an unskilled one
Increased productivity means what?
Lower COGS
Increased contribution margin
How to get a more skilled workforce?
Recruit better people
Training

4. Recruiting and training
The more you spend:
The more skilled the worker
The lower your COGS
The higher your contribution margin
Training takes time away from work
Will need more staff to cover the work
Training makes people happier
Reduces turnover
Reduces recruiting costs

5. HR Spending Not just a financial decision A strategic decision
Can give you a competitive advantage relative to your competition