1 / 14

Intro to BPG

Intro to BPG. Overview of simulation Briefing on company organization task. Simulation overview. A business competition among teams in your World (section) Each company manufactures and sells a consumer durable product in 4 market areas, e.g., toaster, inside/outside thermometer, etc.

Download Presentation

Intro to BPG

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Intro to BPG Overview of simulation Briefing on company organization task Intro to BPG

  2. Simulation overview • A business competition among teams in your World (section) • Each company manufactures and sells a consumer durable product in 4 market areas, e.g., toaster, inside/outside thermometer, etc. • Your product directly competes with the products of other companies for consumer $ • Each firm makes quarterly decisions on marketing, production, and finance Intro to BPG

  3. Decision form Intro to BPG

  4. Simulation overview--continued • The BPG then simulates the competitive results based on the decision input, and • Produces quarterly reports for the industry and your company • Your access to the BPG program is through Sun Global Desktop on the CBA site Intro to BPG

  5. Tools to know how you are doing • Financial statements • Summary industry and competitor data • Your company’s financial statements • Income • Balance sheet • Cash Flow • Operating reports for industry and company • ProScore • Shows performance relative to other teams • Is the basis for team scores at the end Intro to BPG

  6. Quarterly industry report • Industry environmental data • Financial market data: GDP, CPI, interest rates, RGDP, • Real GDP forecast • Exchange rate forecast • Comparative company data • Financial performance & condition • Sales, market share, pricing, & product characteristics Intro to BPG

  7. Company operating reports A detailed report of financial, marketing, and production results for your company--available only to you • Income statement • Cash flow analysis • Balance sheet • Production cost analysis • Output, inventory, & sales analysis • Standard cost per unit • Sales force analysis • Latest decision inputs Intro to BPG

  8. Your challenge • Organize your team to be successful • Designate functional roles and overall leadership • Assign decision responsibilities—operational & strategic • Define team expectations of members • Develop goals, objectives, strategies, policies for your company • Develop supporting functional objectives, strategies, and policies • Plan your work flow • Coordinate the work to successful completion • Manage (control) your performance • Estimate results • Measure actual results vs. your estimate & act • Monitor competitive position & performance • Understand why others do things better • Identify how you can do better • Reassess/confirm strategy Intro to BPG

  9. Performance evaluation • Competency tasks—Team tasks for from 10-40 points • Sales order forecast • Product cost • Capacity evaluation • Justification for investments in capital • Cash planning • Operational statement analysis • Financial statement analysis • Competitive analysis • Management tasks—Team tasks for from 40 to 100 points • Strategic planning: mission, overall objectives, business strategy • Strategic management: hierarchy of objectives, strategies, and policies • Control: analysis of financial and operating results, determine need for operational and/or strategic change; then, implement the changes • Competitive results • Multiple dimensions of financial results, many of which are driven by net income • Reported on the ProScore report annually Intro to BPG

  10. ProScore report • Click for Sample ProScore report. • Note the factors and their weights may be changed before we start the competition. Intro to BPG

  11. Peer evaluations • Individual grades for team assignments may differ greatly from the team’s grade depending on peer inputs. • Peer evaluations are confidential; they become the property of the instructor and will not be divulged to team members. • Additionally, the following factors may affect individual grades for team work. • Non-participating team members, i.e., those whose names are not listed by a team on the submitted copy of an assignment, receive no credit. • Teams may terminate their association with members whose contribution is unsatisfactory; however, they must do so professionally and obtain the instructor’s prior approval. • Students terminated from a team will be dealt with on an individual basis, with at least a one-letter grade penalty. Intro to BPG

  12. BPG resources—from web site • BPG • A Player’s Tutorial and a Quick Start reference guide are available from the Help menu in the BPG • The printed manual is available in Support Services (Room 229) for $12 • View a pdf version of the Players'Manual at the BPG aurthor’s website:  http://www.eskimo.com/~bpg/. Select Players Area and login: username =  player; password = swb30oss  (case is significant) • BPG simulation • Introduction to BPG initial decisions • Items affected by exchange rate fluctuations • Key to  history report file names • Sales forecast blank form Intro to BPG

  13. Team organization & decision responsibilities • Due Wednesday • Team roles • Operational decision responsibilities Wednesday: Team roles due by email Wednesday: Indicate responsible person in cells on decision form Next week: Strategic decisions for each role Next week: Specify general and expert manual knowledge expectations by role. Intro to BPG

  14. The BPG simulation: An opportunity • To bring together the knowledge & skills from each CBA discipline to • Apply strategic management concepts • Integrate the decisions of each functional area to achieve organizational effectiveness • See how the decisions of one function affect the performance of others and the entire firm • Appreciate the importance of each function to successful operation of the business Intro to BPG

More Related