Knowsys The Euronet Simulation Eng
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Knowsys The Euronet Simulation Eng

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Knowsys The Euronet Simulation Eng Knowsys The Euronet Simulation Eng Presentation Transcript

  • Better Decisions. Better Results. Developing Strategic Decision Making capabilities through business simulation technologies
  • Our vision is …
    • … to be a recognized leader
    • in the development of Strategic Thinking
    • within businesses and organizations
    • in Greece,
    • Southeastern Europe and
    • the Eastern Mediterranean
  • Our mission is …
    • … to provide world-class
    • educational, consulting and research services,
    • aiming to develop Strategic Decision Making
    • capabilities
    • through the use of business simulation
    • technologies
  • Our expanding portfolio of services …
    • Education
    Research Consultancy Business Simulation Technologies Strategic Decision Making
  • Our Know-How …
    • Since 1997 , we provide the opportunity, to teams of business executives and students, to develop their strategic and managerial capabilities, through the use of business simulations.
    • More than 500 executives have taken part in education, training and managerial assessment programs with the use of business simulations, in Athens and Thessaloniki.
    • We cooperate with corporate partners specialized in the development and application of business simulations for businesses and organizations.
  • Business Simulations Developing Strategic Decision Making capabilities through business simulation technologies
  • What is a Business Simulation?
    • … it is a dynamic representation or a dynamic model of a business process, a business function, a whole company, an industry or an economy
  • How are Business Simulations designed and implemented?
    • Business Simulations are based on real-life market information resulting from extensive research.
    • They are designed using the System Dynamics toolset and take into account a series of parameters, relationships and probabilities, with the aim of representing real-life situations as closely as possible.
  • How are Business Simulations designed and implemented?
    • The resulting models are coded into software programs, which provide us with the opportunity to see the results of our decisions, in a given set of circumstances.
    • Business Simulations are tested and fine-tuned so as to provide results which represent real-life situations, as closely as possible.
  • The EURONET Simulation Developing Strategic Decision Making capabilities through business simulation technologies
  • Welcome to EURONET
  • The Business Scenario
    • EURONET has been designed based on the structure, organization and operation of a vertically integrated company, competing in retail and wholesale markets.
    • The company is structured around four main functions: Marketing, Operations, Distribution (including Human Resources), and Finance.
  • Business Simulation Model …
  • Teams and Objectives …
    • Participants are put in teams of 3-5 and take control of the management of a virtual company, in the start of its 2nd year of operations.
    • The facilitator, sets team objectives which should be accomplished at the end of the simulation. These might include:
        • Profitability
        • Market Share
        • Share price
        • Or a combination of the above
  • The Decision Making Cycle
    • Teams follow a 4 step cycle during the decision making rounds
    Analysis Strategy Formulation Strategy Implementation Performance Appraisal
  • Decision Making
    • Decisions relate to the next quarter of company operations and should be submitted up to the deadline set by the facilitator.
    • The facilitator also sets the number of quarters the simulation will last.
  • Company Headquarters
    • Every team has access to their company headquarters …
  • Company Headquarters
    • from where it can view detailed reports of company performance …
  • Company Headquarters
    • information on competitors and the market …
  • Company Headquarters
    • its financial indicators …
  • Company Headquarters
    • even the progression of qualitative indices …
  • Company Headquarters
    • and being able to input decisions for the next quarter …
    Περίοδος Περίοδος Περίοδος Περίοδος Μάρκετινγκ         Τιμή Λιανικής: Υφάσματα (€)         Τιμή Λιανικής: Οικιακός Εξοπλισμός (€)         Τιμή Λιανικής: Έπιπλα (€)         Διαφήμιση (€)         Τιμή Χονδρικής: Υφάσματα (€)         Τιμή Χονδρικής: Οικιακός Εξοπλισμός (€)         Τιμή Χονδρικής: Έπιπλα (€)         Κτλ.        
  • Facilitator support throughout the Simulation
    • All participants have access to the Participants Manual and online help.
    • During the simulation the facilitator is available for questions and consultation.
  • Education, Training and Business Simulations Developing Strategic Decision Making capabilities through business simulation technologies
  • Education, Training and Business Simulations
    • Used by most leading business schools to train junior, midlevel and senior managers
    • Cover a wide range of business disciplines and industries such Strategy, Marketing, Sales, Hospitality, Banking, etc.
  • What do they offer?
    • A realistic context for knowledge creation and transfer
    • Knowledge to Action and Action to Knowledge
    • An objective and transparent assessment of managerial capabilities
  • Learning Outcomes Participants have to face and overcome a series of challenges, similar with what they face or will face in modern day organizational life:
  • Learning Outcomes
    • Forming a Winning Team
    • Assigning Roles and Responsibilities
    • Agreeing on objectives and strategies
    • Managing a vast amount of Information
    • Managing time
  • Learning Outcomes
    • Negotiating Conflict and Disagreement
    • Using business tools to analyze and synthesize strategy decisions
    • Managing Crisis
    • Understanding the interrelations between business functions , and …
  • Learning Outcomes Managing and strategizing under uncertainty
  • KNOWSYS Business Simulation Portfolio Developing Strategic Decision Making capabilities through business simulation technologies
  • Business Simulation Portfolio KNOWSYS Challenge N/A KNOWSYS Online Semester (16 h ) KNOWSYS Academy N/A Three day (24 h ) KNOWSYS Decision N/A Two Day (16 h ) KNOWSYS Action KNOWSYS Open One Day (8 h ) for academic Institutions for companies and organizations for individual managers
  • For further information contact us… web: www.knowsys.gr email: dz @ knowsys.gr skype: dzarafopoulos mobile: (0030)6937151002 Developing Strategic Decision Making capabilities through business simulation technologies