- 1. Tournament Overview Prepared by Patrik Thorman
[email_address] BTS GLOBALTOURNAMENT
2. BTS Tournament Clients 3. Why Use Experiential Learning?
- BTS Business Simulations use a combination of the 2-3 most
powerful drivers of learning retention to catalyze changes in
mindset and behavior.
Average Retention Rate FromCorporate Universities , Jeanne
Meister Discussion Group Practice by Doing Teach Others / Immediate
Use Competitive, simulation-based action-learning Demonstration
Audio - Visual Reading Lecture 30% 50% 75% 5% 10% 20% 80% 4. Why
Use Tournament Learning?
- Highly engaging, fun learning experience that builds critical
business skills and team work which you need to succeed
- Reach wider audiences faster and more effectively than
classroom
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- Cost, time, scheduling, etc. does not permit everyone to go to
classroom sessions
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- On-line Simulations and Know-How sessions can reach anyone,
anywhere and allow them to learn in a very flexible learner
centered way
- More follow-up and tracking opportunities
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- Usage statistics, reminder emails, follow-up on implementation
plans, etc.
- Reduced hotel and catering costs
- Lower loss of productivity
- Less time away from family
- Minimized environmental impact
5. Tournament allows teams to compete virtually VIRTUAL TEAM #1
TEAM #2 TEAM #3 TEAM #4 TEAM #5 6. Tournament Overview
- The BTS Global Tournament is an interactive virtual learning
experience designed for teams of 3 to 5
- Participants run a simulated company in direct competition from
teams from other companies around the globe
- They run the simulation over a period of 4 fiscal years, with
each member of the team acting in a top-management role
- The experience effectively builds business and financial acumen
which in turn leads to significantly improved decision making
capabilities
- The Tournament enables participants to plan around busy work
schedules and participate in state-of-the-art learning experience
in a highly-cost effective manner
7. Learning Objectives
- The BTS Global Tournament will:
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- Broaden managements perspective by providinga helicopter view
of how different functions and linesof businesses within the
company interact
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- Build broad, long-term strategic thinking
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- Clear understanding of strategy and execution
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- Explore short- versus long-term tradeoffs
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- Develop an understanding of the key drivers of Shareholder
Value
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- Reinforce the drivers of shareholder value by exploring its
components primarily Revenues, Costs and Assets and using them as
basis for decision-making
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- Build teamwork between various functions and business
areas
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- Develop personal action plans to implement key learning points
in the workplace
8. BTS Tournament Experience 4 Simulated Periods Business
Simulation Online Pre-work & Case Tournament Introduction
Fast-paced, experiential do-reflect-apply format Knowledge Sessions
Feedback Sessions Application Session Follow-Up & Results
START! Participants in teams run a simulated corporation as its new
executive team. The teams compete to execute strategy, drive KPIs
and build value over several years. Interactive online knowledge
sessions build on the simulation experience. Typical Know-howtopics
include assessing financial performance and the drivers of value.
Introduction to the simulation experience is provided on the BTS
Tournament Central website Participants are provided with a copy of
the simulation case study as well as interactive e-learning on
financial acumen Feedback Sessions on simulation decisions and
results during which real-life practices and issues are surfaced,
and teams discuss the implications in context of their company's
real world issues. Different theme for each simulation year. Teams
identify key learning points and discuss next steps for applying
takeaways back on the job 3-6 months after session follow-up and
results measurement occurs; support tools are available 9. Business
Decisions & Feedback Teams make business decisions to create a
go-to-market plan. Once the plan is created with all business areas
addressed, it is submitted to the marketplace. Then, Teams receive
feedback on how they performed in the market and the impact on
KPIs, growth and profitability. 10. Tournament Process PRACTICE
ROUND Action Plan Pre-work &CaseStudy BTS Tournament Support
Deadlines YEAR 1 YEAR 2 YEAR 3 YEAR 4 Deadline 1 Deadline 2
Deadline 3 Deadline 4 Deadline 5 Review Results Review Results
Review Results Review Results The Tournament Experience Runs Over
10 Weeks Teams Spend 2-4 Hours Every Two Weeks on Their Decisions
11. The Reward
- Division Winners proceed to the Global BTS Semi-Finals
- Semi-Finalists compete for a spot in the BTS World Final
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- Top three Final Teams are invited to the BTS Exclusive Awards
Ceremonyin Cannes on the French Riviera
12. BTS Virtual Tournaments Offering
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- In-house closed tournaments
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- Essentially, a 2-day BTS business acumen workshop conducted
virtually over 4-6 weeks
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- Includes coaching and facilitation by BTS Consultants
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- Employs a customized simulation or an existing industry
simulation
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- Examples: Cox, Cisco Systems, Honeywell,Vodafone
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- Tournament sponsored by an industry group or company
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- Example: CTIA Wireless Industry Tournament
13. BTS Client Tournaments
- Web-based workshops that are conducted virtually and combine
synchronous and asynchronous learning
Great in situations where the target audience is dispersed
and/or travel is restricted For audiences of 100-1000+ within a
company,business unit or department Teams can be collocated or
virtual (i.e. multiple team members from various locations) High
degree of facilitation, teamwork and discussion, making it the next
best thing to a live on-site workshop 14. Key Client Company
Benefits
- Risk free environment to test & simulate strategies
- A proven way to develop management board dynamics
- Immediate results for precise action plans & follow up
- Skillful and motivated personnel to increase both revenue and
profit
- External networking & benchmarking
- A deeper understanding of own and customers business
- Ideal tool for team building and virtual team
- Fast implementation & fast results
15. BTS Tournament Client Statistics Business simulations
compared to other training methods in general? How important was
the competition aspect for your motivation and learning results?
Would you personally like to participate again? Would you consider
the training beneficial to other people in your organization as
well? Moreeffective: 87% Equally effective: 11% Lesseffective: 2%
Increased motivationand improved learning results Not important Yes
No Yes No 87% 11% 2% 5% 95% 100% 0% 4% 96% 16. Why BTS?
- #1 in Providing Strategic Business Acumen Learning Initiatives
Using Business Simulations for Companies Worldwide
- The world leader in online competitive business simulation
tournaments with approximately 900 teams competing annually
- Customized for a Variety of Business Objectives
- International Capabilities with a Global Reach
- Proven Track Record of Delivering Bottom-line Results