Please answer all the following questions below the Globus simulation in details.

1. What was your vision? Be prepared to comment - How did you decide and formulate? What impact does a good vision statement have on overall strategy? How important a tool is it for employees and management? Should you adapt as insights arise? How frequently should the vision statement be reviewed?

2. Discuss strategy on key decision factors e.g. capital outlays and timing, R&D, price/promotion, features etc., models, HR policies and financial structure.

3. Did you have a logical dividend payout and buyback policy related to cash flow? Did you grasp the need for a gradual and steady approach over 10 years rather than arbitrary unreliable moves? Which is better, dividends or stock buybacks? Some combination?

4. How did you accomplish your positioning in relative terms. How important was it to position for long term?

5. How well did you understand that investments and payoffs take time to kick in in R&D

6. How much attention did you pay to the overall reports to guide your actions - what did you watch most closely and why? How important/critical was competitive intelligence. How well did you use industry averages and directions to guide your decision making?

7. What you learnt - about teamwork, decision processes, holistic approach to international strategy, short term versus long term thinking processes?

8. What would you do differently for better performance? What were major problems in collaboration as teams? How would you overcome them? What steps were most helpful? 9. How much did you learn about competition and how to stay ahead?

10. Would you recommend the Globus simulation - why? Why not?