Assignment 1
Using Analytic Tools for Strategic Decision-Making
Include speaker notes I will use speaker notes that you insert for my audio
In this Assignment, you will culminate one Course Outcome by analyzing a business case:
MT460-2: Use a variety of analytical tools to monitor and improve business strategy.
In this Assignment, you will complete “Practice” Round 3 in the Capsim Core simulation. By completing the “Practice” exercises, you will be prepared to begin the “Competition” rounds in the simulation. Follow these steps to complete “Practice” round 3 and the associated tasks. Complete the following requirements and submit the deliverables to the Unit 3 Assignment Dropbox:
Step 1: Log into the Capsim Core simulation by clicking on the “Capsim.com” link on the “Course Resources” page. Click on the “MT460MCO Management Policy and Strategy-Prac” link.
Step 2: Create a new PowerPoint presentation file with 10 slides, including a title slide.
Step 3: Complete Round 3 in the “Practice” simulation. Take a screenshot of the Proforma for Round 3. Insert the screenshot onto slide 2 of the PowerPoint presentation.
Step 4: Click on the “Reports” link on the horizontal navigation bar at the top of the simulation page. Click on the “Report” link, and the “Capsim Core Round 3” report will open in a new screen. On the upper right-hand side of the screen, click on the “PDF Version” link. It will generate a .PDF file in your browser. Save the .PDF file to your computer.
Step 5: In slides 3 -10 in your PowerPoint, analyze and verbally present the results of your strategic decision-making using information from the Round 3 Capsim Core Reports. Apply the strategy concepts and language you have learned thus far. Your target audience is the Board of Directors for your Capsim Core company. Use research to help substantiate your analysis. Use the following topics to guide your report analysis:
Analyze and interpret the results of your Round 3 “Practice” strategy decisions by conducting a SOAR analysis using information derived from the “Capsim Core Round 3” report. Conduct the SOAR analysis from the perspective of one out of the four departments (Research and Development, Marketing, Production, and Finance) to identify strengths, opportunities, aspirations, and results from the perspective of organizational assets, growth, enhanced customer satisfaction, etc… within “Capsim Core Round 3” report. Explain how the strengths, opportunities, aspirations, and results impact the other departments in the company. Explain the sources of competitive advantage based on the information in the report based on the SOAR analysis.
Analyze and interpret the results of your Round 3 “Practice” strategy decisions by conducting a SWOT analysis using information derived from the “Capsim Core Round 3” report. Conduct the SWOT analysis from the perspective of one out of the four departments (Research and Development, Marketing, Production, and Finance) to identify problems and/or opportunities for improvement, growth, market risks, customer engagement, etc. within “Capsim Core Round 3” report. Explain how the problems and/or opportunities impact the other departments in the company. Explain the sources of competitive advantage based on the information in the report based on the SWOT analysis.
Produce illustrations to depict each the SOAR and SWOT analyses you conducted, and to aid in the presentation of facts. You may develop illustrations such as charts, diagrams, matrices, infographics, or graphs to aid in the presentation of your findings.
Step 6: Your presentation will contain one screenshot slide and eight narrated strategic decision-making analysis slides. Submit your presentation and the “Capsim Core Round 3” report. PDF file to the Unit 3 Assignment Dropbox.