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  • 1.  Simulation Game for Business Policy Course

    Posted 12-21-2016 13:07
    Dear Colleagues,

    Can you recommend a good simulation game for undergraduate business policy (strategic management) course?

    I am looking for something that enhances student learning, is user friendly and costs reasonably.

    Thanks!
    Golshan


  • 2.  Simulation Game for Business Policy Course

    Posted 12-24-2016 04:17
    Dear Golshan,

    Capsim may be a good one. We're using it at our university, I find it very useful & students love it!

    Happy Holidays!
    Bassam

    *****************************************************************************************
    Bassam E. Farah  PhD Bus., PhD Psy.
    Assistant Professor of Strategy & International Business
    American University of Beirut (AUB)
    Olayan School of Business (OSB)
    Member of OSB's Corporate Governance Research Center http://www.aub.edu.lb/OSB/RAMIMAKHZOUMICGC/Pages/CGCluster.aspx
    Office: OSB 346
    Phone: +961 1 350000  Ext: 3936
    Email: bassam.farah@aub.edu.lb
    Linkedin: http://lb.linkedin.com/in/bassamefarah/

        
    We Make History 1866-2016

    -----Original Message-----
    From: Business Policy and Strategy List [mailto:BPS-NET@AOMLISTS.AOM.ORG] On Behalf Of Golshan Javadian
    Sent: December 21, 2016 8:07 PM
    To: BPS-NET@AOMLISTS.AOM.ORG
    Subject: Simulation Game for Business Policy Course

    Dear Colleagues,

    Can you recommend a good simulation game for undergraduate business policy (strategic management) course?

    I am looking for something that enhances student learning, is user friendly and costs reasonably.

    Thanks!
    Golshan


  • 3.  Simulation Game for Business Policy Course

    Posted 12-27-2016 03:13
    I have been using the BSG for several years. It also comes as a value pack that includes text, cases you can select, and the simulation itself. Go to www.bsgonline.com and check it out.
    Best,
    Abainesh

    Sent from my iPhone

    > On Dec 24, 2016, at 4:17 AM, Bassam Farah <bf11@AUB.EDU.LB> wrote:
    >
    > Dear Golshan,
    >
    > Capsim may be a good one. We're using it at our university, I find it very useful & students love it!
    >
    > Happy Holidays!
    > Bassam
    >
    > *****************************************************************************************
    > Bassam E. Farah PhD Bus., PhD Psy.
    > Assistant Professor of Strategy & International Business
    > American University of Beirut (AUB)
    > Olayan School of Business (OSB)
    > Member of OSB's Corporate Governance Research Center http://www.aub.edu.lb/OSB/RAMIMAKHZOUMICGC/Pages/CGCluster.aspx
    > Office: OSB 346
    > Phone: +961 1 350000 Ext: 3936
    > Email: bassam.farah@aub.edu.lb
    > Linkedin: http://lb.linkedin.com/in/bassamefarah/
    >
    >
    > We Make History 1866-2016
    >
    > -----Original Message-----
    > From: Business Policy and Strategy List [mailto:BPS-NET@AOMLISTS.AOM.ORG] On Behalf Of Golshan Javadian
    > Sent: December 21, 2016 8:07 PM
    > To: BPS-NET@AOMLISTS.AOM.ORG
    > Subject: Simulation Game for Business Policy Course
    >
    > Dear Colleagues,
    >
    > Can you recommend a good simulation game for undergraduate business policy (strategic management) course?
    >
    > I am looking for something that enhances student learning, is user friendly and costs reasonably.
    >
    > Thanks!
    > Golshan


  • 4.  Simulation Game for Business Policy Course

    Posted 12-24-2016 04:29
    Hi Golshan,

    I highly recommend the simulation games developed by John Sterman and colleagues at MIT. They provide instruction videos/slides for the students (for briefing) and the lecturers (for debriefing) and it's free if you are qualified for obtaining an educator account:


    I routinely ran two of the games. One is "Fishbanks", which you could connect to topics such as game theory (tragedy of the commons; prisoners' dilemma) and sustainable strategy/business ethics in the debriefing. A trick is to provide some incentives for the winning group so the students "forget" about that the resources are limited. In this way, my students (regardless being undergraduate, MBA and executive students) never fail to collapse the fish ecosystem collectively, according to my 20+ simulation runs. Even a box of £3 chocolate as incentive works...  

    The other game I used a lot is "platform wars", which you could connect to topics such as the five forces (and emphasise a missing, sixth force of the complementaries like game developers) and network externalities in the debriefing. Unlike Fishbanks where there is a real-time competition among the groups, this game is a competition against a computer algorithm (so can be run outside the class). A trick is to show a "benchmark" - the teams that beat the instructor's performance (e.g., $33.5 billion cumulated profit + 98% market share) will get a bonus. To beat such an exceptional record, teams need to be very aggressive initially like "buying market share" by setting a very low console price and being very generous with the game developers (in terms of royalties and subsidies). When a lock-in is created, teams can harvest by exploiting the game developers to maximise the profit. Then you can discuss the constraints for implementing such strategy in reality and the possibilities of overcoming them.

    I hope this helps. Enjoy!

    Best wishes,

    Chengwei

    --
    Chengwei Liu
    Associate Professor of Strategy and Behavioural Science
    Warwick Business School

    On 21 December 2016 at 18:06, Golshan Javadian <golshan.javadian@morgan.edu> wrote:
    Dear Colleagues,

    Can you recommend a good simulation game for undergraduate business policy (strategic management) course?

    I am looking for something that enhances student learning, is user friendly and costs reasonably.

    Thanks!
    Golshan



  • 5.  Simulation Game for Business Policy Course

    Posted 12-25-2016 12:23

    Thanks, Chengwei. This is helpful as I'm refreshing my syllabus.

     

    I'm surprised by your ability to cause people to rob the commons. Much research in public good provision shows that people regularly contribute to public goods (here's a recent review http://dx.doi.org/10.1007/s10683-015-9451-2). So I wonder if there's something unusual with your population or maybe a change in framing the question leads to such a radically different finding. Any thoughts?

     

     

    Warmly,

     

    SSL

     

    Sheen S. Levine, PhD

    twitter.com/sslevine

     

    "Diversity undermines trust, but this may be its greatest gift" http://j.mp/1OX0KLZ

     

    From: Business Policy and Strategy List [mailto:BPS-NET@AOMLISTS.AOM.ORG] On Behalf Of Liu, Chengwei
    Sent: Saturday, December 24, 2016 3:29
    To: BPS-NET@AOMLISTS.AOM.ORG
    Subject: Re: Simulation Game for Business Policy Course

     

    Hi Golshan,

     

    I highly recommend the simulation games developed by John Sterman and colleagues at MIT. They provide instruction videos/slides for the students (for briefing) and the lecturers (for debriefing) and it's free if you are qualified for obtaining an educator account:

     

     

    I routinely ran two of the games. One is "Fishbanks", which you could connect to topics such as game theory (tragedy of the commons; prisoners' dilemma) and sustainable strategy/business ethics in the debriefing. A trick is to provide some incentives for the winning group so the students "forget" about that the resources are limited. In this way, my students (regardless being undergraduate, MBA and executive students) never fail to collapse the fish ecosystem collectively, according to my 20+ simulation runs. Even a box of £3 chocolate as incentive works...  

     

    The other game I used a lot is "platform wars", which you could connect to topics such as the five forces (and emphasise a missing, sixth force of the complementaries like game developers) and network externalities in the debriefing. Unlike Fishbanks where there is a real-time competition among the groups, this game is a competition against a computer algorithm (so can be run outside the class). A trick is to show a "benchmark" - the teams that beat the instructor's performance (e.g., $33.5 billion cumulated profit + 98% market share) will get a bonus. To beat such an exceptional record, teams need to be very aggressive initially like "buying market share" by setting a very low console price and being very generous with the game developers (in terms of royalties and subsidies). When a lock-in is created, teams can harvest by exploiting the game developers to maximise the profit. Then you can discuss the constraints for implementing such strategy in reality and the possibilities of overcoming them.

     

    I hope this helps. Enjoy!

     

    Best wishes,

     

    Chengwei

     

    --

    Chengwei Liu
    Associate Professor of Strategy and Behavioural Science

    Warwick Business School

     

    On 21 December 2016 at 18:06, Golshan Javadian <golshan.javadian@morgan.edu> wrote:

    Dear Colleagues,

    Can you recommend a good simulation game for undergraduate business policy (strategic management) course?

    I am looking for something that enhances student learning, is user friendly and costs reasonably.

    Thanks!
    Golshan

     



  • 6.  Simulation Game for Business Policy Course

    Posted 12-27-2016 09:47
    Interesting point Sheen

    Having run Fishbanks quite a few times with a large variety of different participants inside and outside business schools, I'd suggest that when participants are briefed that they are "running a company", they assume that they are there to maximise individual outcomes for their companies.  You don't have to brief them that their goal is to generate shareholder value, or even offer chocolates for the winner, they just "know" that this is the case.

    Rgds

    Dr Chris Coleridge

    Senior Faculty in Management Practice

    Cambridge Judge Business School

    Trumpington Street

    Cambridge

    CB2 1AG

     

    T: +44 (0)1223 330825  M: +44 (0)7910 659856

    www.jbs.cam.ac.uk/entrepreneurship


    From: Business Policy and Strategy List <BPS-NET@AOMLISTS.AOM.ORG> on behalf of "Sheen S. Levine" <sslevine@SSLEVINE.COM>
    Reply-To: Business Policy and Strategy List <BPS-NET@AOMLISTS.AOM.ORG>
    Date: Sunday, 25 December 2016 at 17:23
    To: <BPS-NET@AOMLISTS.AOM.ORG>
    Subject: Re: Simulation Game for Business Policy Course

    Thanks, Chengwei. This is helpful as I'm refreshing my syllabus.

     

    I'm surprised by your ability to cause people to rob the commons. Much research in public good provision shows that people regularly contribute to public goods (here's a recent review http://dx.doi.org/10.1007/s10683-015-9451-2). So I wonder if there's something unusual with your population or maybe a change in framing the question leads to such a radically different finding. Any thoughts?

     

     

    Warmly,

     

    SSL

     

    Sheen S. Levine, PhD

    twitter.com/sslevine

     

    "Diversity undermines trust, but this may be its greatest gift" http://j.mp/1OX0KLZ

     

    From: Business Policy and Strategy List [mailto:BPS-NET@AOMLISTS.AOM.ORG] On Behalf Of Liu, Chengwei
    Sent: Saturday, December 24, 2016 3:29
    To: BPS-NET@AOMLISTS.AOM.ORG
    Subject: Re: Simulation Game for Business Policy Course

     

    Hi Golshan,

     

    I highly recommend the simulation games developed by John Sterman and colleagues at MIT. They provide instruction videos/slides for the students (for briefing) and the lecturers (for debriefing) and it's free if you are qualified for obtaining an educator account:

     

     

    I routinely ran two of the games. One is "Fishbanks", which you could connect to topics such as game theory (tragedy of the commons; prisoners' dilemma) and sustainable strategy/business ethics in the debriefing. A trick is to provide some incentives for the winning group so the students "forget" about that the resources are limited. In this way, my students (regardless being undergraduate, MBA and executive students) never fail to collapse the fish ecosystem collectively, according to my 20+ simulation runs. Even a box of £3 chocolate as incentive works...  

     

    The other game I used a lot is "platform wars", which you could connect to topics such as the five forces (and emphasise a missing, sixth force of the complementaries like game developers) and network externalities in the debriefing. Unlike Fishbanks where there is a real-time competition among the groups, this game is a competition against a computer algorithm (so can be run outside the class). A trick is to show a "benchmark" - the teams that beat the instructor's performance (e.g., $33.5 billion cumulated profit + 98% market share) will get a bonus. To beat such an exceptional record, teams need to be very aggressive initially like "buying market share" by setting a very low console price and being very generous with the game developers (in terms of royalties and subsidies). When a lock-in is created, teams can harvest by exploiting the game developers to maximise the profit. Then you can discuss the constraints for implementing such strategy in reality and the possibilities of overcoming them.

     

    I hope this helps. Enjoy!

     

    Best wishes,

     

    Chengwei

     

    --

    Chengwei Liu
    Associate Professor of Strategy and Behavioural Science

    Warwick Business School

     

    On 21 December 2016 at 18:06, Golshan Javadian <golshan.javadian@morgan.edu> wrote:

    Dear Colleagues,

    Can you recommend a good simulation game for undergraduate business policy (strategic management) course?

    I am looking for something that enhances student learning, is user friendly and costs reasonably.

    Thanks!
    Golshan

     



  • 7.  Simulation Game for Business Policy Course

    Posted 12-24-2016 05:53
    Hi Golshan,
    You can try Capsim Capstone simulation. Costs about 75 USD per student. All the best.

    ---
    Best wishes,
    Dr. M. Muzamil Naqshbandi,
    Dubai Business School, University of Dubai, PO Box 14143, Dubai, United Arab Emirates.

    Sent from my mobile device.

    On Dec 24, 2016 12:51 PM, "Golshan Javadian" <golshan.javadian@morgan.edu> wrote:
    Dear Colleagues,

    Can you recommend a good simulation game for undergraduate business policy (strategic management) course?

    I am looking for something that enhances student learning, is user friendly and costs reasonably.

    Thanks!
    Golshan



  • 8.  Simulation Game for Business Policy Course

    Posted 12-24-2016 16:53
    Consider The Business Strategy Game at www.bsg-online.com and GLO-BUS at new,glo-bus.com.  Both are used by tens of thousands of students annually at hundreds of business schools across the world, as you will be able to see on the home pages of the two web sites

    Best regards,

    On Wed, Dec 21, 2016 at 12:06 PM, Golshan Javadian <golshan.javadian@morgan.edu> wrote:
    Dear Colleagues,

    Can you recommend a good simulation game for undergraduate business policy (strategic management) course?

    I am looking for something that enhances student learning, is user friendly and costs reasonably.

    Thanks!
    Golshan



    --
    Art

    Arthur A. Thompson
    John R. Miller Professor Emeritus of  Business Administration
    The University of Alabama

    Phone: 205-722-9145
    Mobile: 205-394-0499
    Fax: 205-722-9133

    Mailing address:
    5710 Watermelon Road
    Suite 200
    Northport, AL 35473


  • 9.  Simulation Game for Business Policy Course

    Posted 12-26-2016 10:24
    Dear Golshan and Colleagues,

    You are invited to join with me this coming spring semester in an Internet-based simulation game I have developed that I will be administering for my students. Just send me the particulars: institution, number of students, number of sections, schedule, and syllabi.

    You can see how the simulation game works by installing the demo http://webapps.towson.edu/precha/geoapp/demo/publish.htm

    You might also attend the upcoming annual conference of the Association for Business Simulation and Experiential Learning to meet me and other colleagues who fancy themselves experts in business simulation games (March 8-10, 2017, Myrtle Beach, SC, https://absel.org).

    Of course it's user friendly (but challenging) and costs very reasonably for academic use (zero, but you could send a donation to the Saeed Kayvan Scholarship Fund at Towson University).

    Happy Holidays,

    Precha
    --
    Precha Thavikulwat, Ph.D.
    Professor of Management
    Associate Editor, Simulation & Gaming
    Department of Management
    Towson University
    Towson, MD 21252-0001
    U.S.A.
    t. 410-704-3230
    f. 410-704-3236
    pthavikulwat@towson.edu
    Skype: pthavikulwat
    http://wp.towson.edu/precha

    -----Original Message-----
    From: Business Policy and Strategy List [mailto:BPS-NET@AOMLISTS.AOM.ORG] On Behalf Of Golshan Javadian
    Sent: Wednesday, December 21, 2016 1:07 PM
    To: BPS-NET@AOMLISTS.AOM.ORG
    Subject: Simulation Game for Business Policy Course

    Dear Colleagues,

    Can you recommend a good simulation game for undergraduate business policy (strategic management) course?

    I am looking for something that enhances student learning, is user friendly and costs reasonably.

    Thanks!
    Golshan


  • 10.  Simulation Game for Business Policy Course

    Posted 12-26-2016 18:33
    Dear Golshan:

    I hope you are doing well.
    I've been using different games/simulations depending on the teaching objectives. For example, to teach collaborative/cooperation strategies in complementary goods, I use Wintel developed by Prof. Ramon Casadesus, from HBS.
    Another option, for pricing strategies, is the Pricingame from GameLab (www.gamelabeducation.com/en/games/pricingame)
    The GameLab has also a Balanced Scorecard game (as well as the HBSP) which may be helpful.

    Best and wonderful 2017.

    LR

    2016-12-21 16:06 GMT-02:00 Golshan Javadian <golshan.javadian@morgan.edu>:
    Dear Colleagues,

    Can you recommend a good simulation game for undergraduate business policy (strategic management) course?

    I am looking for something that enhances student learning, is user friendly and costs reasonably.

    Thanks!
    Golshan



    --
    Luiz Ricardo Kabbach de Castro
    Assistant Professor
    EESC - Universidade de São Paulo
    Industrial Engineering Department
    400, Trabalhador Sao Carlense Av
    13566-590 - Centro, São Carlos/SP - Brazil
    phone - (55 16) 3373 9425
    mobile - (55 16) 9 9710 0703
    email - luiz.kabbach@sc.usp.br