eGalactic Taking Learning Beyond ExperienceTM WEPME - 2014 1 Agenda eGalactic Business Strategy Game Ephorus Forad 2 eGalactic Learning Beyond Experience Simulation + Experience + Coaching + Mentoring 3 Taking Learning Beyond Experience eGalactic Marketing Simulation Strategy eGalactic Offerings Finance Anti Plagiarism Indian Institutes Using Our Products 5 Amrut Mody School of Management Indian School of Business Bharathidasan Institute of Management Institute of Management Technology - Ghaziabad Bharathi Vidyapeeth University Institute of Management and Research Institute of Management Technology - Hyderabad Centurion University of Technology and Management Jaipuria Institute of Management Chitkara Business School Loyola Institute of Business Administration D.Y. Patil MIT School of Business Fore School of Management Mudra Institue of Communications Ahmebad Foundation for Liberal And Management Education (FLAME) Nirmal Gupta Goa Institute of Management P Jindal Global university Great Lakes Institute of Management Pearl Academy of Fashion ICFAI Business School S. P. Jain Institute of Management & Research IILM Institute for Higher Education Indian Institute of Foreign Trade Sadhana Centre of Management and Leadership Development Indian Institute of Management - Ahmedabad Sardar Patel University Indian Institute of Management - Bangalore SCHOOL of INSPIRED LEADERSHIP Indian Institute of Management – Indore Sikkim University Indian Institute of Management - Kozhikode T. A. Pai Management Institute Indian Institute of Management - Ranchi Tata Management Training Centre Indian Institute of Management - Shillong Universal Business School Indian Institute of Technology - Kanpur Xavier Institute of Management Indraprastha Institute of Information Technology Xavier Labour Research Institute International Management Institute Prin. L.N. Welingkar Institute of Management Development & Research International Institute of Management Excellence Institute of Technology Management NMIMS University 6 Business Strategy Game BSG Competition-based strategy simulation exercise – Delivered online – Automated processing of decisions – Grading of performance World’s all-time leading strategy simulation – Played by 500,000+ students at 600 + Universities from 30 Countries Designed and crafted by the leading strategy textbook author, Dr. Arthur A. Thompson, Jr. 7 What is BSG North America Global Market – Four Geographic Regions Asia-Pacific Europe- Africa Latin America Team member of 1-5 with 12 Company in a Industry Branded Product 8 Private Birds-Eye View Game start with 11th year – with equal sales volume, global market share, revenue, profit, footwear quality, etc Co-managers responsible for – Assessing market conditions – Determining how to respond to the actions of competitors – Forging a long-term direction and strategy for their company Different decision to be taken in different management functions – Operation , Marketing, Finance, HR, Production, CSR etc. Each decision round (One year of Operation) involves 2 – 3Hour of workload plus assignments Practice Year 11 Round 2 Practice Round 9 Assignments Quiz 1 Year 13 3year Strategic Plan 1 Year 15 Company Presentation Year 17 Quiz 2 Year 19 Year 20 3year Strategic Plan 2 Company Presentation Learning Assurance Report Reports for Decision Making Footwear Industries Report • Company performance scoreboard • Statistical overview of athletic footwear market ‒ Total Production ‒ Material Price ‒ Inventory Level Competitive Intelligence Report • Market snapshot - Showing the • Plant operations report competative efforts taken by • Distribution and warehouse companies operation report ‒ Prices, ‒ S/Q rating ‒ Advertising ‒ Number of models, etc. • Company analysis Competitive efforts of all • Comparative Financial Statistic companies for all years to date ‒ Total Sales etc. • Cost Comparision • Result of Celebrity bidding, Industry pricing and S/Q trends 10 Company Overall Report • Marketing and Admin report • Private label sales report, Branded label sales report • An Income statement, a Balance sheet, and a Cash flow Statement How Performance is Judged Earning per Share Return on Equity Stock Price Parameters Image Rating Credit Rating Company Performance 11 + + + + Quiz Strategic Plan Company Presentati on Peer Evaluation Final Scorecard Integrating with Course 1 Decision round weekly throughout the term 12 2 Decision round weekly last 4-6 week of the term Multiple decision round in a day • BSG used as a Course and is spread of the entire term • BSG is used along with the course • BSG is used as a workshop or for evaluation of participants learning • Decision entries can be done as a mix of class work and assignments • Course is started after exposing the class to important • Decision entries can be done chapters and materials as a mix of class work and assignments • Decision entries can be done as a mix of class work and assignments Instructor Involvement Instructor’s Guide - 30 minutes to an hour Course Setup : 4-step Course procedure 30 mins for the first time and 15 mins there after Familiarize with the Class Presentation – 15 to 30 mins During the rounds : No more than 10-20 minutes per decision round for providing encouragement and additional 15 – 20 mins for detailed understanding Assigning grades : 30 minutes 13 Let’s Get Started www.bsg-online.com 14 specialized in the prevention of plagiarism 15 100 % Ephorus services TIMESAVING TEACHER EPHORUS INTEGRATED EPHORUS DATABASE 0% EPHORUS GROUP EPHORUS INTERNET 0% 16 PLAGIARISMPREVENTION 100 % Getting Started with Ephorus • Easy, “operational” within one day • Ephorus guarantees a successful introduction • No hidden costs • www.egalactic.in / www.ephorus.com 17 FORAD 18 What is the FORAD The FORAD BUSINESS FINANCE SIMULATION : Manage the financial and operational challenges of a multinational corporation. DECISIONS in the areas of forecasting, operations and budgeting, choice of financing options, risk management and international taxation strategies, shareholders’ relationship. The focus is on corporate finance decisions. The teams’ PERFORMANCE is measured by the company’s share price which depends on the earnings per share achieved and a combination of a number of performance measures The performance depends on the users’ ability to understand the key corporate finance concepts and apply those lessons The software provides the users with detailed REPORTING and a number of other DATA TOOLS to help their decisions and review processes. 19 Integrating with Course W H A T H O W The simulation presents multiple key finance concepts (capital structure, capital costs efficiency, operating analysis, capital budgeting, valuation are just examples) and therefore is suitable for a wide range of traditional finance courses. Regardless of the course focus, it allows the users to also see “the big picture” about managing multinational corporation and examine how certain decisions affect multiple areas of the company. It challenges the users to address variety of trade-offs – equity vs debt financing; ST vs LT debt; conservative versus aggressive risk management are just a few of many. The game format replicates the real world and adds another layer of complexity to the learning experience – unpredictability of the market and the competitors’ behavior. It gives the users the chance to experiment with their decisions and try unlimited number of combinations and iterations to test the lessons learned in the classroom. 20 Instructor Involvement Additional benefits for the course instructor: Semester Long Course: Flexibility to use: Limited faculty support required : High level of involvement of participants : 21 ???? Questions 22 Contact Us For more details you can reach us at: Nisha Sarda +91 9689889311 [email protected] www.egalactic.in 23
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