Thanks, Russ, for sharing these, and for assembling such a helpful teaching resources page. (Mason too!)
Can anyone suggest similar exercises for courses in strategic entrepreneurship, innovation, or change management?
Thanks,
Peter Klein
Sent: Friday, January 22, 2010 8:59 AM
Subject: Experiential Exercises for Corporate Strategy
I've added a couple of experiential exercises to my web page that may be of interest to those teaching corporate strategy (e.g., multibusiness, alliances and M&A).
- MicroDesign is a negotiation exercise that demonstrates how transaction costs hinder coordination across divisions. It leads to a rich discussion of incentives, structure and culture needed to achieve synergies. It becomes clear how hard it can be to achieve cooperation and why this might be a source of competitive advantage.
- The Global Game (credit to Andrew Ward) illustrates the search for complementarities in alliances and M&A in the context of asymmetric information and resources. Typically teams engage in a haphazard search and have trouble trusting and negotiating with other teams.
--Russ