Epiphany Learning | Comparing 3 Business Simulations

Epiphany LearningLearning | Talent Management | Change ManagementImage Courtesy: http://4.bp.blogspot.com/-jsGpaFpcmKs/Tw8Av8ywKxI/AAAAAAAAAwQ/3c_-hOiq-_0/s1600/stock-market-today-results.jpg

Comparing 3

Business

Simulations

Facilitator: Ajay Dasgupta

Competition | Winning | Learning

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Saturday, January 12, 2013

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Quick Recap

Structure of

Business

Simulations

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The Structure of a Business Simulation


Business simulations

allow learners to:

1. Observe data and

information from the

environment

2. Orient themselves to

the information

3. Decide from options

based on logic and

analysis

4. Act on decisions and

receive immediate

feedback

The loop repeats itself

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Simulations and Games


Simulation games

Competition

Cooperation

Rules

Participants

Roles

A model

of realitySimulations Games

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Deep Dive

Lemonade

Stand

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Lemonade Stand


http://www.coolmath-games.com/lemonade/





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Lemonade Stand







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Lemonade Stand


Did you notice:

• The OODA loop

• That feedback was immediate and qualitative

• The overall goal is to make profit

• That the game is non-competitive

• That there are controllable (Cups, Ice, Sugar, Lemon, Pitcher Mix, Price) and

uncontrollable (weather, number of customers) variables

• There are cause and effect dynamics (Demand and Supply) built into the

game engine (Higher Temperature = More Lemonade Drinkers, More Ice on

a Warm Day = Higher Customer Satisfaction)

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Lemonade Stand | Simulation and Game Components


Competition

Cooperation

Rules

Participants

Roles

A model


More Simulation Less Game

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Lemonade Stand – Causal Loops


Temperature

Demand

Orders

PriceActual Orders

Revenue

Profit

Supplyc

c

u

u

u

d

d

d

++

-

c – Controllable Variables

u – Uncontrolled Variables

d – Derived Variables

Qualityc

+

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Lemonade Stand – Some Thoughts


• Add competition (leaderboard etc.)

• Display profits after every round

• Running graph of Operating Costs, Demand/Supply, Revenue

• More precise control over what goes into each glass and how that converts

into a pitcher

• Chose location of stall (more complexity – get location through bidding)

• Open multiple stalls

• Make it social (play with friends)

How can you better the experience of this business game?

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More In-depth Coverage During Our Workshop


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Deep Dive

Chevron

EnergyVille

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Chevron – EnergyVille


http://www.energyville.com/


http://www.energyville.com/

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Chevron EnergyVille


Did you notice:

• The OODA loop

• That feedback was immediate and qualitative

• The overall goal is to have a lower impact

• That the game is competitive

• That there are controllable and uncontrollable variables

• There are cause and effect dynamics built into the game

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Lemonade Stand | Simulation and Game Components


Competition

Cooperation

Rules

Participants

Roles

A model


Less Simulation More Game

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Chevron EnergyVille


Questions:

• What causal loops could you notice in the game?

• What were the controllable and uncontrollable variables?

• How would you make this game more real and less game-like?

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The Beer Supply Chain Management Game


Visit – http://www.beergame.org

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Visit – www.EpiphanyLearning.co.in

Join Us

http://www.epiphanylearning.co.in/

Epiphany LearningLearning | Talent Management | Change ManagementImage Courtesy: http://4.bp.blogspot.com/-jsGpaFpcmKs/Tw8Av8ywKxI/AAAAAAAAAwQ/3c_-hOiq-_0/s1600/stock-market-today-results.jpg

Introduction to

Business

Simulations for

Learning

Facilitator: Ajay Dasgupta

Thank You!














Epiphany Learning | Comparing 3 Business Simulations

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