Minnesota micromotors simulation solution - Harvard Business publishing

timer Asked: May 15th, 2017

Question description

Students will complete a decision making simulation during semester. The purpose of the simulation is to get you to develop strategy to drive what decisions you will make, make decisions, receive feedback, and adjust strategy. This is a valuable learning experience that hopefully will help you to understand that strategy development and implementation often occurs when you make decisions. The intention is for you to reflect on your strategic thinking and decision making and to develop insights about your own strengths and weaknesses as well as thoughts about what you might do differently in the real world. 1.Outlining the strategy you plan to implement and why (worth 5%). Submit this the lecturer prior to commencing (teaching week 6) and include exactly the same strategy at the start of your second submission. The once you have done the simulation submit a paper (2000 word overall – including the strategy section above) where you: 1.Reflect on whether you followed you planned strategy or not during the simulation and critique your strategy (was it effective, well thought through, etc.) (5%). 2.Reflect on your team’s decision-making processes and critique their effectiveness (5%). 3.Reflect on the assumptions in the simulation and critique the strength and weaknesses of those assumptions (5%) Submit a critical reflection summarising some of your key learning’s (with evidence), critically reflect on those learning’s and include some discipline knowledge to support your reflection. The marking key clarifies these requirements.

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