SGA Natural Gas Profitability
No Dates Set for 2007
Available for onsite training. Minimum attendance required: 15 people
Fee Range: $595 - $695 per person
HOW
DOES IT WORK?
Participant teams are put in charge of a simulated mid-size gas company.
As they work through the simulation sessions, they learn how cash flows
through the business and how this flow generates profit.
The simulation mirrors the financial situation of a real
gas business, allowing participants to learn how money goes into gas costs,
operations and maintenance expenses, storage, gas trading, depreciation,
taxes, expansion projects, income statements, and other issues.
Business simulation training has proven to be the most
effective tool for employee development. While there are a number of generic
simulation models on the market, the SGA Natural Gas Profitability class
is the ONLY one designed specifically for the gas industry.
Who Should Attend
Feedback by participants from companies of all types and sizes
has been excellent. It requires no prior knowledge of accounting, business
or finance.
Personnel from accounting and finance, operations, gas
transportation, rates, engineering, government relations, marketing, communications,
and other departments will benefit.
The program will help every employee understand how the
gas industry works. It teaches how employees as teams and as individuals
can contribute to business success, and how competition and a changing
regulatory environment have redefined the rules for success.
WORKSHOP LEADER
In cooperation with SGA staff, the program will be led by Ken N. Chakiris,
Ph.D. a principle of BJ Chakiris Corporation, a firm that specializes
in business simulations and organization development with over 30 simulation
designs. BJC Corp. is a worldwide leader in the development and delivery
of interactive learning technology and simulations, with clients such
as CMS Energy, Northeast Utilities System, Cinergy, Ford, Honeywell and
SoCal Edison.
WHAT IS THE FORMAT?
The 1-1/2 day program centers on an interactive board-game simulation
of a gas company. Participants learn by doing and build a solid understanding
of the industry's business issues, and can relate these lessons directly
to their own jobs.
WHAT ARE THE OBJECTIVES?
- Understand the basis of financial success in the gas
industry
- Learn how financial statements measure success
- Recognize what's important in a regulated/deregulated
business
- Discover what will drive future success
- See how each employee personally contributes to success
- Encourage innovative thinking
PARTICIPANTS WILL:
- Gain an understanding of important business issues in
the natural gas industry
- Learn how each employee contributes to business success
- Discover how cash flows through the company and generates
profit
- Gain a basic understanding of finance and accounting
terms and methods
- See why there is increased emphasis on reducing costs
and streamlining operations
Contact: Pat Downey
