Mathieu Paquerot & Anne Queffelec Simulation LM - ESC La Rochelle1.

Slides:



Advertisements
Similar presentations
Indicator 3.10 part II Employ product-mix strategies to meet customer expectations.
Advertisements

12 August 2004 Strategic Alignment By Maria Rojas.
The Right Issues Exceeds Expectations Meets Expectations Needs Improvement N/A 1. The Board focuses on activities that will help the Company maximize shareholder.
AACS Petrol &Convenience Business Acumen Program.
Global Procurement Solutions (GPS) Manager of Business Development Final Project, Fall semester December 16, 2000.
1 Pertemuan Keduapuluhenam Implementation and Control.
Chapter 16 Strategically Managing the HRM Function Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without.
Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 9-1 Chapter (1) An Overview Of Financial Management.
Strategic Financial Decision-Making Framework
The Marketing Plan Sports Marketing Careers 2 Chapter Objectives Explain the purpose and function of a marketing plan. Identify each element found in.
CSR Project, 3 cr. Corporate Responsibility, C-module (15 cr.) or free-choise studies Introduction to Corporate responsibility, 1,5-3 cr. (depending on.
Strategic Management Foundation Concepts.
Chapter 20 CONTROLLING FOR ORGANIZATIONAL PERFORMANCE © 2003 Pearson Education Canada Inc.20.1.
Product Officer Functional Lecture
5.06B Set Marketing Goals and Select marketing metrics
Chapter 1 What is Marketing? n n Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging.
© 2012 Capsim Management Simulations, Inc.Unforgettable Business Learning Decision Making Process.
MR1100 Linking Marketing to Corporate Strategies
Industrial Engineering Primary Responsibilities within the Service Industry Institute of Industrial Engineering Industry Advisory Board Business Planning.
Strategic Planning: Making Choices in a Dynamic Environment
Function of Financial Management and Financial Accounting in the Health and Fitness Sector.
Strategy and Sustainability. 1. Compare how operations and supply chain strategy relates to marketing and finance. 2. Understand the competitive dimensions.
Data On Call: Strategic Plan Deanna Lynch. Introduction  Background  Long Term Objectives  Vision, Mission, and Values  Internal and External Analyses.
Sharing Session on Organizational Performance Jakarta, 3 September 2013.
12 MARKETING STRATEGY O.C. FERRELL • MICHAEL D. HARTLINE
INTRODUCTION.
IB Business and Management
What Marketing Brings to the Table & What Marketing Needs from Your Area MKTG 495.
THE BASICS OF MARKETING
Objectives: Recognize the role value plays in pricing decisions Explain the goal of pricing See the value of Pricing as one of the key components of the.
The Fresh Connection. What is The Fresh Connection Learning experience on supply / value chain management Webbased simulation Blended with training program.
Business & Management Topic 1 Stakeholders. Learning Objectives To know what is meant by a stakeholder Be able to differentiate between internal and external.
The Benefits & Drawbacks of Business Growth
Strategic Management formulation
Copyright 2000 Prentice Hall2-1 Chapter 2 Strategic Planning: Making Choices in a Dynamic Environment.
2.4 Key Management Roles KEY CONCEPT
IMPLEMENTATION n Business Strategies n Operations and Production Issues n Management Issues n Research and Development Issues n Information Systems Issues.
The Manager’s Role. What are Managers Managing?   Finance   People   Physical resources   Information   Energy.
Foundations and Evolutions
Financial Management (An Introduction). Contents of the Chapter Meaning of Finance Meaning of Financial Management Three Major Decisions of Financial.
IB Business and Management 1.3 – Organisational Objectives.
Director Competencies for the 21 st Century Dan Kent, Vice President Member Services The Triangle Companies.
Chapter 1 Finance and Business. Areas of Finance Business Finance – Decision making within a business setting Investments – Allocation of money to earn.
E-Tourism Nicos Rodosthenous PhD 04/04/ /4/20131Dr Nicos Rodosthenous.
Sports and Entertainment Marketing I Explain the basic concepts of marketing.
The Nature of Business McGraw-Hill  The McGraw-Hill Companies, Inc., 2001.
NewShoes Introduction NewShoes Overview 3 A computer based, competitive simulation of the athletic shoe industry focusing on the 4 Ps of marketing. Students.
The strategic role and objectives of operations Chapter 2.
Read to Learn Describe the overall purpose of management. Discuss the four functions of management.
MM IDEADEVELOPMENTLAUNCH QMM IDEAResources CEOCONCEPTDEVELOPMENTLAUNCHFINIDEACONCEPTCEODEVELOPMENTLAUNCHCEOIDEACONCEPTDEVELOPMENTLAUNCHQMMIDEADEVELOPMENTCONCEPTLAUNCHQMMIDEACEOCONCEPTLAUNCHQMMIDEADEVELOPMENTLAUNCHQMMIDEAResources.
Unit 3 Accounts & Finance Financial Accounts. Learning Objectives To be able to explain the purpose of accounts To evaluate the importance of final accounts.
Business Studies Find your chair: Look at the picture what does this mean to you? Be prepared to answer if called upon: This does not require any verbal.
Course Name: Principles of Marketing Code: MRK 152 Chapter: Nine Advertising and Public Relations.
The Functions of Management. Introduction to Management If a firm has employees, then some type of management is necessary. management the process or.
1 Balanced Scorecard Philosophy, Basics, Fundamentals, and Functions.
Sports and Entertainment Marketing 2.01 Explain the concept of marketing.
1 Meeting the Challenges of Today’s Dynamic Business Environment Chapter 1.
JANI AARTI En No:  By the end of this lecture, students should be able to: 1.Explain the functions of management 2.Define and explain strategy.
Business Management - Intermediate 2Business Enterprise © Copyright free to Business Education Network members 2007/2008B106/078 – Bus Enterprise – Decision.
ECO 365 Week 5 DQ 3 a.) What factors influence a firm's competitive strategies? b.) How does global competition affect the price elasticity of demand in.
Introduction to Business (MRK 151)
Climbing the ladder to success.
MGT 498 TUTORIAL Lessons in Excellence -- mgt498tutorial.com.
MGT 498 TUTORIAL Education for Service--mgt498tutorial.com.
The Business Environment
TQM Implementation Issues
Strategy Analysis and organization design
Retail Simulation Lecture
Stay Ahead in a Changing World In the Celemi Enterprise business simulation, companies will compete for the same customers in a dynamic marketplace.
Presentation transcript:

Mathieu Paquerot & Anne Queffelec Simulation LM - ESC La Rochelle1

 Work in team  Define and implement a strategy  Elaborate reporting  Elaborate previsions  Négociate with stakeholders  Crises Management  Present your results to your shareholders Simulation LM - ESC La Rochelle2

 Identify the competences of all the members of the team  Put in place an organization that communicate and avoid the conflicts  Control decision and monitore decision  You need at least ◦ A manager ◦ A financial manager ◦ A cost controler ◦ A marketing manager Simulation LM - ESC La Rochelle3

 Some decisions to give on time  The manager give the decision  He checks the datas  He takes the decisions in case there is some lacks  Some challenges to give back, in the same time than decisions Simulation LM - ESC La Rochelle4

 Organization  Strategy  Finance  Marketing  Cost control  Negociation  A good decision needs all these fields Simulation LM - ESC La Rochelle5

 You need to implement a strategy  It means you need to give some strategic objectives  Explain how to measure you criteria  Define the critical path  Define the role of each member of the team  Make the adjustments required Simulation LM - ESC La Rochelle6

7  Making some mistakes is human  Making the same mistakes is silly

 You need to build the tools of reporting ◦ You have to make a selection of the information ◦ You have to mesure the effects of you decisions ◦ You have to mesure your performances Simulation LM - ESC La Rochelle8

 You can buy some studies in order to evaluate : ◦ Your employees’ satisfacton ◦ Your customers’ satisfaction ◦ The concurrency ◦ The global activity  Without any studies, you are blind Simulation LM - ESC La Rochelle9

10 Avoid making holes beleiving saving money

 You must be able to make some decisions in order to :  Plan your actions in a competitive environement  Plan your resources allocations (staff, budgets,…) Simulation LM - ESC La Rochelle11

 You have to analyse these differences  You have to identify the differences  You have to andestand your performances in order to improve it Simulation LM - ESC La Rochelle12

 Customers  Employees  Sharholders  Bankers  And others stakeholders… Simulation LM - ESC La Rochelle13

 Understand what the other wants  Get the informations in order to answer quickly (what price ? How much do I earn ? How much do we need ?  Send the good signals (about what you are, your competences, you management,…) Simulation LM - ESC La Rochelle14

 Your company  A resort with 400 rooms  Some land available to improve your capacity and your facilities Simulation LM - ESC La Rochelle15

TO Individuals (walk in) Internet discount site customers Simulation LM - ESC La Rochelle16

 5 firms in competition on the same place  They compete on ◦ The employement market ◦ The market of individuals ◦ The market ot tour operator Simulation LM - ESC La Rochelle17

 Staff  Wages  Mix marketing  investment Simulation LM - ESC La Rochelle18

 You have to equilibrate your profitability  Optimize you results  Organize your competitive strikes  Structure the development of your resort Simulation LM - ESC La Rochelle19

 The employees’ satisfaction influence  The satisfaction of your customers  And this impact your rate of booking  And the profitability of your company. Simulation LM - ESC La Rochelle20

 Your mind  The group dynamic  The courses of : ◦ Finance ◦ Marketing ◦ Human resources ◦ Management ◦ organization ◦ … Simulation LM - ESC La Rochelle21

 Respect decision timing… or you will lose some money  The team has to control the decision before to give it back  The leader has to be able to take decisions quickly if necessary Simulation LM - ESC La Rochelle22