MBA & Executive Education

Workshops & Seminars for MBA & Executive Education
  • Corporate and Business Unit Strategy

  • Porter's 5 Forces & Generic Strategies

  • Supply & Demand, Price Mechanism and Perfect Market modelling

  • Product Life Cycle, Economies of Scale and Economies of Scope

  • Industry Competition, Market Crowding and Real Life Business Dynamics

  • Benchmarking concepts and many more
    		•  IndustryMasters - Business Simulation Game

    Additionally many valuable accounting and corporate finance issues are dealt with in the simulation, such as real time reporting on Economic Value created, Return on Equity and Return on Capital Employed.
    This means that training programs and lecture courses can easily be developed to highlight some of these important concepts. The simulation can then be used as a highly experiential learning tool, where participants actually live these concepts as they build and manage their own virtual company, in a highly competitive, real time environment.
    Follow this up with an extensive, in-depth debriefing around potent business issues, and you have one of the most powerful learning experiences you can offer your executives and students - "Serious Learning that's Fun"

    View Industry Specific Business Simulation Templates
    Learn more about Custom Simulations
    Please get in touch with us for an individual quotation...

    Next Generation Technology

    The simulation operates in "real-time"
    As participants make their business decisions and implement them, the economic environment is recalculated and updated for all players - and the latest situation is sent to each player's screen immediately. No waiting for calculated or printed results As a result, players see their competitors' actual moves as they make decisions on a minute-by-minute basis. This allows them to react and adjust their business strategies and tactics in real time - just as in real life.

    		IndustryMasters - MBA & Executive Education

    The IndustryMasters simulation is web-based
    It resides on dedicated servers in Chicago and Austin, and operates via the internet. No local installation is required; participants open their web-browser, log on to a dedicated simulation URL and start making their investments and other business decisions.

    Participants can join the simulation from any part of the world simultaneously
    They do not have to be in the same location at the same time. All that is required is a computer and an internet connection (preferably ADSL standard). This feature offers huge cost savings in travel and accommodation costs, as well as being well suited to global organisations operating in many locations. A virtually unlimited number of participants is possible; from 20 to 2,000 players - or teams - at the same time.

    Decision variables can be customized according to each organisation's needs
    Depending on your organisation's goals and objectives, simulation metrics can be changed to a wide range of measures, such as Share Price, Economic Profit, Return on Equity, Return on Capital, etc. Further, the look and feel of the simulation can be customized to a particular organisation or event, including the addition of corporate identity and specific learning outcomes, or embedding the simulation in the corporate website. This includes being able to integrate your company's own data in the simulation - e.g. your own markets, products and competitors replicated in a simulation.

    The speed and duration of the simulation can be adjusted to suit circumstances
    The speed of the decision cycle - one month's or one quarter's trading - can be adjusted individually, from 1 minute to 5 minutes, or set to change manually. This allows for display and discussion of specific actions or periods. Simulation duration can be adjusted according to the needs or dynamics of a particular program. And to facilitate immediate learning, the simulation can be 'paused' at any time to allow for discussion and debriefing of players' decisions, strategies and results.

    IndustryMasters

    IM