Glo$-$bus Final Simulation Project Guidelines for MNG $4201$

During the past few weeks, groups have made several decisions related to their strategic position in the industry. And, I am certain that each group has maintained a record of the decisions made and the rationale employed in making these decisions. As part of this process, you are now required to prepare a final report. Each group should have maintained a record of its activities including such things as strategic positions taken, assumptions employed, decisions made, the outcomes of those decisions, and changes felt necessary. Based on this information, each group will prepare a written report and presentation on its BSG experiences to the class. The class represents the Company$$s Board of Directors and shareholders. The Board will be entitled to ask questions of the group on any issue either presented in or omitted from the report that is deemed pertinent to making future decisions and understanding past performance. The Final Board Report is due at the end of the semester. Please ensure that your decisions are clearly documented and analyzed. Filling the report with graphs and tables from BSG IS UNACCEPTABLE.

Your Board Report is not intended to be an academic paper. It should be a truthful sell job to the Board illustrating your company$$s effectiveness. The Board Reports should include, at a minimum:

$1.$ Your company$$s initial Vision and Strategy statement.

$2.$ A presentation of your original strategy and an explanation of the factors that guided the decision to adopt such a strategy.

$3.$ A comparison of your original and emergent strategies, and justification$/$rationale for the change in strategy.

$4.$ An evaluation of the company$$s competitive posture.

$5.$ An analysis of your markets and competition. Such an analysis will require a discussion of the strategic groups in each market.

$6.$ A description of the strategic decisions you made over time, why you made them, and how you implemented them.

$7.$ Discussion of the effectiveness of your strategy.

$8.$ A discussion of what you learned from your experience, what worked well, and what you will do differently in the future.

$9.$ A five year strategic plan for the future. This plan may include decisions to either purchase competitors or establish alliances. Whatever decisions are made; they must be justified.

Please note: As students, you should be thoroughly aware of the importance of financial analysis in justifying strategic decisions. For example, what would be the appropriate price to pay for another firm and why is it so$.$ To provide such an explanation, one cannot avoid the use of financial information and ratio analysis. But, to do so$,$ one must have a thorough understanding of these ratios and the roles they play in strategic decision$-$making.