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WHY USING BUSINESS SIMULATIONS IN MANAGEMENT EDUCATION? | ||||
OUR BUSINESS SIMULATIONS | ||||
Nowadays’ business world is ever more turbulent. It requires new types of behaviors, competitive strategies and measures of performance. Our Business Simulations provide a unique learning opportunity to address those challenges and experience the many paradoxes modern leaders have to live with.
Our business simulations are regularly used in face-to-face residential seminars lasting up to 3 days. They are also designed to accommodate for Virtual Teamwork with teams scattered all over the world. Our simulations include: |
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THE VALUEPAD BUSINESS SIMULATIONConfronted to a turbulent environment and facing products and markets in different stages of maturity, participants will have to combine ‘strategic flair’, operational rigor and cost awareness. They will have to assess the value creation potential of their different activities while identifying the drivers of their firm’s value. Teaching objectives include:- developing a global view of the company - measuring business performance and benchmarking - the financing requirement of growth To get a look and feel at ValuePad, access the ValuePad website. |
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THE VALUEPLUS BUSINESS SIMULATIONValuePlus firms are initially located in different countries. One of the participants’ challenge will be to internationalize their operations and deliver profitable growth to meet financial markets’ expectations. They will have to convince investors of their superior competitive position and their capacity to expand into new businesses. Value creation is the main objective.All partnerships between firms have to be negotiated. This quite unique feature of the simulation adds to the excitement of the experience and provides participants with an opportunity to confront their mindsets, cultures and develop their negotiating skills. To get a look and feel at ValuePlus, access the ValuePlus website. |
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THE SERVIPAD BUSINESS SIMULATIONServiSim participants have to manage two very different lines of service: a standard service, and a more customized and sophisticated service. To grow and improve business performance, participants may consider the following strategic moves:- Outsourcing support activities to low cost locations which could raise quality issues - Expanding Internationally which entails adapting these services to local demand - Negotiating Marketing Agreements to sell services in foreign countries through a local partner’s network. - Forming a Consortium with other companies to bid for international tender offers - Investing in the development of new technologies through High Tech Ventures - Growing through Corporate Acquisitions. To get a look and feel at ServiPad, access the ServiPad website. |
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