Thursday, June 14, 2007

Business Simulation

Much to my team's chagrin, we finished third in our simulation. We had the right strategy but another team had a very similar strategy and executed better. We blew the first year and played catch up the rest of the time. We tried to come up with a disruptive slingshot strategy to take down the other team at the end, but we couldn't catch up. I'm okay with losing as long as we lost to a team that did a better job than us. As long as the team didn't win through dumb luck or an inferior strategy, I'm good. They won by taking our strategy and just plain doing it better.

The simulation was fantastic and it was a huge learning experience. We learned how to manage a company like Xerox from the top top and how all of the pieces fit together in terms of investment,, revenue, margin and cash flow fit together.

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