Business Simulation Game
Welcome to the Business Simulation Tournament!
- The idea behind the training is to form teams of 3-5 people and let them run a simulated Telecom company over a period of four fiscal years.
- Throughout the game, each team is developing and improving the company, with the aim of producing good results and beating competition.
- You will understand the different measures of business, including concepts such as Balanced Scorecard, EVA, EBIT.
- Our virtual market allow you to test and simulate different strategies in a risk free environment.
- Our training support provide you with personal coaching and feedback at any time of the training.
In the below table you can find Business Simulation Game schedule for 2008.
| Game start | Starting date | Duration |
|---|---|---|
| January 2008 | January 6 | 10 weeks |
| March 2008 | March 5 | 10 weeks |
| April 2008 | April 8 | 10 weeks |
| May 2008 | May 15 | 5 weeks |
| September 2008 | September 10 | 10 weeks |
| October 2008 | October 9 | 10 weeks |
| November 2008 | November 5 | 5 weeks |
Testimonials:
"As a team we gained an increased understanding of the complexity of running a complete company. The importance of an overall perspective became increasingly clear as we worked as a management team running the case company. We found that understanding the sum of all activities made the total, and that everything can be ruined by mismanagement of one functional area. What we will take with us from this business game is an increased understanding of pricing, resource management and the importance of team work."
"I recommend the game especially for helping people in the beginning phases of their careers understand the fundamentals of the practice of business. The simulation allows participants to see how their decisions affect the outcome and to experience on a first-hand basis the laws of business. The whole spectrum of business essentials being covered, participants’ perspectives are broadened beyond the limits of their own fields of expertise."
"The most important benefit for us was developing analytical skills and teamwork as ways to improve results. We learned about new ways of working under conditions similar to those existing in the real world. Now we are able to perform better in developing strategic plans. We have also improved our financial knowledge and business functionality. Recommended for people in our organization and others, especially for those who want to develop business understanding and teamwork skills at the same time. Good training!"
