Watch this with a 10-15 minute audiotrack at http://vimeo.com/novusprogram/lesson21
The goal of this lesson is to provide participants with the tools to identify how to utilize core assets or strengths within their company. Participants should have a clear understanding of the importance of distinguishing in which things they excel and structuring their strategy around these areas. Using these identified strengths, participants will be provided two frequently used strategies to gain a competitive advantage within their market.
The Novus project is a combination of video tutorials designed to be used in conjunction with a free business simulation software program. The Novus Business and IT Program contains 36 business and IT training videos, covering basic finance, accounting, marketing, economics, business strategy, Word, Excel, and PowerPoint. Users will have an opportunity to apply the lessons in the Novus Business Simulator. Over six rounds, the user or teams will have to make decisions on capital purchases, financing, production, financing, and human resources for a microbrewery. This channel has arranged the 36 video lessons into the order in which they are meant to be used with the simulator. To watch this slideshow as a video, please go to our Vimeo page at: https://vimeo.com/novusprogram. To download our free business simulation software, please go to our SourceForge page at: http://sourceforge.net/projects/novus/.