manager at Back Bay Battery Company who must balance · PDF filemanager at Back Bay Battery...

2
Educators registered on our web site receive free Educator Copies and Teaching Notes. APPLY NOW: educatoraccess.hbsp.harvard.edu Supply Chain: Root Beer Game This version of the classic Beer Game is enhanced by powerful administrative features: instructors can run any number of configurations simultaneously in the same class; results are tracked in real time on the administrator screens and are immediately available in debrief- ready graphs at the end of the game. #3101 Pricing: Universal Rental Car This simulation teaches pricing principles in a dynamic setting, as students play the role of a regional marketing manager responsible for pricing a fleet of rental cars across cities in Florida. Ideal for undergraduate and MBA courses in Marketing, Strategy, Microeconomics, and Operations Management. #2093 Finance: M&A in Wine Country Students play the role of CEO at one of three wine producers: Starshine, Bel Vino, or International Beverage. Each player evaluates merger and/or acquisition opportunities among the three companies and then determines reservation prices, values targets, and negotiates deal terms before deciding to accept or reject final offers. This simulation is ideal as a capstone experience in a first-year MBA Finance course and is also appropriate for courses in Mergers and Acquisitions, Valuation, Negotiation, General Management, and Strategy. #3289 Finance: Blackstone/Celanese This simulation re-creates the landmark acquisition of Celanese AG by the Blackstone Group in 2003. Students take on the role of either Celanese or Blackstone and conduct due diligence, establish deal terms, respond to bids and counterbids, and consider the interests of other stakeholders. This internationally based scenario uses euros as currency and is ideal for second- year MBA courses in Private Equity, Valuation, Due Diligence, Deal Structuring, and Mergers and Acquisitions. #3712 Leadership and Teams: Everest The dramatic setting of a Mount Everest summit expedition teaches group dynamics and leadership. Teammates must share information to maximize group achievement. This simulation is ideal for Organizational Behavior, Group Dynamics, and Leadership courses. #2650 Included with all simulations: Detailed Facilitator’s Guide covering learning objectives, administrative features, and setup options Video assets Debrief-ready results in graphical form Teaching Note guidance for comprehensive debrief Customer service is available 8 am to 8 pm EST, Monday through Friday Phone: 1-800-545-7685 (1-617-783-7600 outside the U.S. and Canada) Fax: 617-783-7666 Email: [email protected] Web: www.hbsp.harvard.edu 1. Call customer service at 1-800-545-7685 (1-617-783-7600 outside the U.S. and Canada) and request educator trial access. 2. If you adopt the simulation, you will be given a specific link to give your students. 3. Students access the simulation using the link you provide to them. Each student can pay for individual use online via credit card, or your institution can pay for all students in a single payment. Strategic Innovation: Back Bay Battery In this online simulation, students play the role of a business unit manager at Back Bay Battery Company who must balance a portfolio of R&D investment strategies (over 8 simulated years) across products in the portable power market. The process of sampling and adopting any of our online simulations is simple: from Harvard Business Publishing Other Online Simulations by Clayton M. Christensen and Willy Shih BAck BAY BAtterY Strategic Innovation Simulation fOr cOurses iN: cOmPetitive strAtegY OPerAtiONs mANAgemeNt mANAgiNg techNOLOgY iNNOvAtiON Simulations re-create real-world settings to reinforce student learning. Flexible administrative options let professors set learning experiences for a range of course levels, from undergraduate to specialized graduate courses. Each simulation includes a detailed Facilitation Guide, a “how to play” video overview, and recommendations for class play and debrief. The simulation can be taught alone or used as a complement to the Clay Christensen case, “Hewlett-Packard: The Flight of the Kittyhawk” (A) (#606088). Strategic Innovation: Back Bay Battery is used in the Harvard Business School course Building and Sustaining a Successful Enterprise. Printed on recycled paper. Product #M14828 MC153760609

Transcript of manager at Back Bay Battery Company who must balance · PDF filemanager at Back Bay Battery...

Page 1: manager at Back Bay Battery Company who must balance · PDF filemanager at Back Bay Battery Company who must balance a portfolio of R&D investment strategies (over 8 simulated years)

Educators registered on our web site receive free Educator Copies and Teaching Notes. APPLY NOW: educatoraccess.hbsp.harvard.edu

Supply Chain: Root Beer GameThis version of the classic Beer Game is enhanced by powerful administrative features:

instructors can run any number of configurations simultaneously in the same class; results are

tracked in real time on the administrator screens and are immediately available in debrief-

ready graphs at the end of the game.

#3101

Pricing: Universal Rental CarThis simulation teaches pricing principles in a dynamic setting, as students play the role of

a regional marketing manager responsible for pricing a fleet of rental cars across cities in

Florida. Ideal for undergraduate and MBA courses in Marketing, Strategy, Microeconomics,

and Operations Management.

#2093

Finance: M&A in Wine CountryStudents play the role of CEO at one of three wine producers:

Starshine, Bel Vino, or International Beverage. Each player

evaluates merger and/or acquisition opportunities among the

three companies and then determines reservation prices, values

targets, and negotiates deal terms before deciding to accept

or reject final offers. This simulation is ideal as a capstone

experience in a first-year MBA Finance course and is also

appropriate for courses in Mergers and Acquisitions, Valuation,

Negotiation, General Management, and Strategy.

#3289

Finance: Blackstone/CelaneseThis simulation re-creates the landmark acquisition of Celanese

AG by the Blackstone Group in 2003. Students take on the role

of either Celanese or Blackstone and conduct due diligence,

establish deal terms, respond to bids and counterbids, and

consider the interests of other stakeholders. This internationally

based scenario uses euros as currency and is ideal for second-

year MBA courses in Private Equity, Valuation, Due Diligence,

Deal Structuring, and Mergers and Acquisitions.

#3712

Leadership and Teams: EverestThe dramatic setting of a Mount Everest summit expedition

teaches group dynamics and leadership. Teammates must share

information to maximize group achievement. This simulation

is ideal for Organizational Behavior, Group Dynamics, and

Leadership courses.

#2650

Included with all simulations:

Detailed Facilitator’s Guide covering learning objectives, �administrative features, and setup options

Video assets �

Debrief-ready results in graphical form �

Teaching Note guidance for comprehensive debrief �

Customer service is available 8 am to 8 pm EST, Monday through Friday

Phone: 1-800-545-7685 (1-617-783-7600 outside the U.S. and Canada)

Fax: 617-783-7666

Email: [email protected]

Web: www.hbsp.harvard.edu

Other Online Simulationsfrom Harvard Business Publishing

1. Call customer service at 1-800-545-7685 (1-617-783-7600 outside the U.S. and Canada) and request educator trial access.

2. If you adopt the simulation, you will be given a specific link to give your students.

3. Students access the simulation using the link you provide to them. Each student can pay for individual use online via credit card, or your institution can pay for all students in a single payment.

Strategic Innovation: Back Bay BatteryIn this online simulation, students play the role of a business unit manager at Back Bay Battery Company who must balance a portfolio of R&D investment strategies (over 8 simulated years) across products in the portable power market.

The process of sampling and adopting any of our online simulations is simple:

from Harvard Business Publishing

Other Online Simulations

by Clayton M. Christensen and Willy Shih

BAck BAY BAtterY

Strategic Innovation SimulationfOr cOurses iN:

cOmPetitive strAtegY

OPerAtiONs mANAgemeNt

mANAgiNg techNOLOgY

iNNOvAtiON

Simulations re-create real-world settings to reinforce student

learning. Flexible administrative options let professors set

learning experiences for a range of course levels, from

undergraduate to specialized graduate courses. Each simulation

includes a detailed Facilitation Guide, a “how to play” video

overview, and recommendations for class play and debrief.

The simulation can be taught alone or used as a complement to

the Clay Christensen case, “Hewlett-Packard: The Flight of the

Kittyhawk” (A) (#606088).

Strategic Innovation: Back Bay Battery is used in the

Harvard Business School course Building and Sustaining

a Successful Enterprise.

Prin

ted

on re

cycl

ed p

aper

.

Pro

duct

#M

1482

8

MC

1537

6060

9

Page 2: manager at Back Bay Battery Company who must balance · PDF filemanager at Back Bay Battery Company who must balance a portfolio of R&D investment strategies (over 8 simulated years)

Strategic Innovation Simulation Back Bay Battery

decideanalyzeprepare

Dashboard Overview - 2008Profitability

log out high scores archived runs © 2008 Harvard Business Publishing. All rights reserved. Developed in partnership with Forio Business Simulations.

dashboardoverview

desiredfeatures

featureperformance

total unitsales

incomestatement

salesvariance

potentialcustomers

marketnews

9.0%

Market Sales

Power Tools: 15.1 M

Two-Way Radios: 5.0 M

Power-Packs: 1.0 M

NiMH: $4.0 M

Ultracapacitor: $0.0 M

Power Tools: 28.1 M

Two-Way Radios: 17.4 M

Power Packs: 3.3 M

R&D Investment Installed Base

Product Sales Revenue

NiMH: $185.9 M

Ultracapacitor: $51.0 M

NiMH: $6.4 M

Ultracapacitor: $24.6 M

NiMH: 18.6 M

Ultracapacitor: 2.5 M

NiMH: 31%

Ultracapacitor: 11%

Unit Costs Sales Variance

2008

2009

2010

2011

2012

2013

2014

2015

2016

Strategic Innovation Simulation Back Bay Battery

user accountsscenario setupclass summary

Scenario Setup

log out © 2008 Harvard Business Publishing. All rights reserved.

dashboardoverview

Open simulation to students

Session Name (visible to students):

Session Description (visible to students):

Power Tools:

Two-Way Radios:

Power Packs:

3%

-1%

1%

Set Scenario Cancel

Limit students to no limit

Model Assumptions Market Growth

Power Tools:

Two-Way Radios:

Power Packs:

90.0

30.0

26.0

Initial Market Size Learning Curve Coefficient

Performance Requirements Auto-generated Sales Estimates (basic)

NiMH:

Ultracapacitor:

95%

95%

In this setting, the simulation will determine thesales estimate based on last year’s sales. Users will not be held accountable for variance from thisestimate.

Manual Sales Estimates (advanced)

In this setting, users will be required to enteryearly pro forma sales estimates on the Decidescreen. The sales estimate will generate the projected revenue, and 3% of that value will betheir available R&D spending.

If users have a significantly negative salesvariance in one year, or a consistently negativesales variance for three years in a row, they willbe fired.

Students prepare once (with how-to video, summary, and a foreground reading); and then each round of play requires students to analyze market information and make investment decisions over 8 simulated years.

The simulation illustrates the difficulty of pursuing innovation under constraining financial performance expectations and an organization’s impatience for growth.

Students must assess 3 market opportunities and make investment decisions under financial constraints.

Each simulated year, students are given market news updates and dynamically generated feedback based upon choices made in prior rounds.

The Scenario Setup tab offers flexible configuration options and user management tools.

The simulation fosters a sense of competition among players by allowing students to view other students’ cumulative profit scores and notes on strategy.

Each round, students make decisions about the timing and level of investment for existing and emerging technologies. Depending on the configuration, students also must use sales and market data to predict sales estimates for the subsequent years.

Students face the management challenge of balancing investments between the core business and a potentially disruptive new technology.

Professors can view a brief video covering administration tools.

A comprehensive Teaching Note covers key learning objectives to highlight in the post-play discussion:

n The nature and impact of disruptive technologies

n Management challenges of simultaneously investing in core business and innovation

n Optimizing the timing and level of investment in innovation

n The difficulty of innovation under constraining financial criteria and an organization’s impatience for growth

n Principles of the S-shaped growth curve associated with technology diffusion and substitution

The Class Summary tab offers real-time student performance data and ranks students based on cumulative profit.

Simple administration tools allow professors to configure the simulation and access student results for class discussion.

The simulation dashboard provides a snapshot of information and navigation options.

Strategic Innovation Simulation: Back Bay Battery Approximate seat time: 90 minutesProduct #2656

stuDeNt DAshBOArD ADmiNistrAtiON screeN

Authored by:

Clayton M. Christensen, Professor, Harvard Business School

Willy Shih, Senior Lecturer, Harvard Business School

Developed in partnership with Innosight LLC and

Forio Business Simulations