This is an applied strategy class that focuses on the implementation of a strategy using a simulation as a framework. The course is designed to integrate the concepts and techniques studied earlier in the curriculum, into a unified, general management framework. The course has 3 main educational objectives: 1.) to give the student a dynamic competitive environment in which to experiment, 2.) to teach strategic planning as a process with an implementation focus, 3.) to learn to cooperate within a high performance team. Students are divided into teams of 5 or 6 managers and given the task of operating a computer synthesized company for 3 simulated years. At the end of each year, the manage students report to a board of directors who review performance, set compensation, approve future plans and provide shareholder oversight. Students are graded based on metrics similar to real executives: 1.) ability to achieve objectives, 2.) value creation for shareholders, 3.) creation of competitive advantage, 4.) accumulation of personal wealth.
