Demonstrate effectiveness of multi-discipline teams working together.
Use strategic thinking.
Test your business acumen.
Understand overall interaction and impact of various parts of a business on one another.
Grow the awareness of competition.
Take away practical know-how to improve the effectiveness of your business.
Risk Free
View Alternative Strategies
Enjoyable
Compresses Time (1 Round=1Year)
Selectivity <=> Integration
Low Tech
Customers (OEMs) need sensors for their products
Initially one segment, now breaking into two
Very different customer demands developing between the segments
Diversification in the use and utility of the sensors
High Tech
Low
Tech
High
Tech
In our industry we track the changing customer demand on a perceptual map
Over 8 years customers will demand much faster and smaller sensors
Market Segments will continue to diverge
“I want these sensors to be cheap”
“I want them to have been around for a while – no Beta Testing!”
“They have to be moderately reliable.”
“The technology doesn’t have to be cutting edge.”
You’re not giving me what I want
“These sensors have to be small, like micro, and fast”
“I need them to be right out of R&D, I’m talking ZERO years on the market”
“I’m willing to pay more to get what I want.”
“I like a pretty high reliability.”
And I’m not getting what I want!
SENSOR INDUSTRY ANALYST PROJECT ONGOING GROWTH
Sees the next 8 years as consistent growth. All market segments increase at a nice “clip,” according to market analyst.
“I see the entire market growing at around 14% or 15% per year.
The High Tech market alone will be growing at a whopping
16%.”
12000
10000
8000
Sensor Industry
6000
I hope those companies out there are ready for that kind of expansion!”
4000
2000
0
Year 1 Year 2 Year 3 Year 4
Low Tech
Year 5
High Tech
Year 6 Year 7 Year 8
$40 Million in Sales
1 Product Line
2 Segments
Closed Marketplace
6 Companies
Andrews
Baldwin
Chester Ferris
Digby
Erie
Students need to coordinate strategy and tactics across the following areas of their company:
Establish the specification of the products to meet customer demand
Build the quality and reliability
(MTBF) into the products
Ensure the perceived age of the product meets customer demands
Create new products to meet the changing marketplace
R&D
“Our products are not well positioned in the marketplace.”
“Our products are not priced optimally.
And many of our customers don’t even know our product exists.”
Set the price of our products in the marketplace
Build customer awareness through promotion
Establish a sales force and distribution channels
Set the sales forecast for our products
Set Credit Policies AR/AP
Purchase machinery to automate our facilities
Buy or sell capacity of product lines
Schedule production for each line
Manage the majority of the companies fixed assets
Establish your workforce complement
“We are paying too much for labor costs.
Very soon we will run out of capacity to meet demand.”
“We have poor cash flow and substandard financial ratios.
We have no financial policy statement.”
Acquire capital to fund capital expansions
•
Issue Stock
•
Short Term Debt
•
Issue Long Term Bonds
Issue dividend to our shareholders
Balance our debt portfolio
Manage our Proformas
A great management tool driven by forecasts and projections. Allows
“What if” Scenarios by the company.
Balance Sheet
Profit & Loss
Cash Flow
Financial Ratios
Select a minimum of two criteria to be measured by: o ROE o ROS o ROA o Cumulative Profit o Stock Price o Market Capitalization o Asset Turnover o Market Share o Weight each selection
Establish business strategy for your company
Analyze Foundation FastTrack to see industry results
Make tactical decisions across each functional area (aligned to strategy!)
Upload official results and confirm on the website
Await results when Professor processes
Rejoice in your superior capitalistic acumen
Begin the process again by confirming alignment of your results with your company’s strategic goal.