COMPUTER SIMULATED MANAGEMENT GAMES
: A BUSINESS CHALLENGE
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Participant Manual
Management Games are simulations where participants are confronted
with business issues. They are asked to take management decisions
and see the business effect of such decisions, soon thereafter.
Participants play to win, and in seeking to win, they imbibe new
forms of competitive behavior that are ideal for today's highly
chaotic business conditions. The competition urges participants
to learn willingly, and the in-built interactivity enhances the
pace of learning.
The frustration and excitement of managing a company from top downwards
ensures that the learning elements are retained with the participants
longer.
WHAT IS BUSINESS SIMULATION ?
Business simulation is a technique for developing, testing, and
evaluating business strategies in a virtual environment before committing
real money and effort in the marketplace. With the latest computer
technology, state-of-the-art business simulations can manage hundreds
of variables simultaneously and provide tremendous realism. AIMA
creates business simulations using its unique and powerful software
model, Chanakya®.
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WHY BUSINESS SIMULATION ?
The Philosophy behind the management simulations is “learning
by doing” i.e. if you want to learn dance or play an instrument,
or fly an airplane, you must practice. Airline pilots practice on
flight simulators likewise the business simulators assist the managers
to hone up their skills for making smarter business decisions.
WHAT WILL BE THE LEARNINGS ?
You will have a realistic and enjoyable learning experience, where
you actually manage a muti-million company and benefit with :
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Understanding
the cross-functional relationships among various management
functions. |
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Exposure of
running a company in a simulated environment without causing
damage to a live company. |
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Honing operative
and strategic decision making skills under constraints of
time, finances and information. |
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Understanding
the financial implications of the decisions taken. |
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Helping in
finding and employing the available information for the
data analysis of their own and competitor's business. |
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Understanding
the importance of team work under trying business situations
and above all |
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Gets a synoptic
view of a company's operations and experience the thrill
of running a company in a competitive environment. |
TYPES OF GAMES
The Computer Simulated Management Games are available
in two forms :
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