strategically managing a company

strategically managing a company

Prepare a report on your experience of strategically managing a company for a period of at least 5 years.

 

2. What decisions were made during the course of the simulation and why?
a. Now this really is the challenge. For each year you have to highlight the key decisions you made and why you made them.
b. Show the results of these decisions and how you responded for the next decision round. At this point you should consider how to manipulate and present data. There is no need for a dense narrative comprising words and figures just sprayed out.
c. Identify and show the critical point data in your narrative with reference to the more substantial data offered in support but presented in the appendices.
d. Number the appendices please.
e. After each round show how you have performed and how well you are doing against the competition.
f. Do not forget the competition because many decisions will be made in response to how well they are doing.
g. Repeat this cycle at least 5 Tonnyes
3. How closely did the decisions your firm take match your initial strategic direction? Was it possible to stick to the strategic direction chosen? If not then why not?
4. What were the final results of the simulation exercise? Please remember that marks will be given to reward success. So, write about how well or indeed how poorly you performed. Your reflections and self appraisal of either success or failure will be rewarded
5. What underlying strategic principles were evident in the results and process of the simulation? I.e. what kinds of outcomes arose from decisions you made and strategies you adopted?
6. What did the simulation reveal about business strategy?
7. What have you learnt from the use of games to learn?

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