• You will need an email address and the following SimID or “C number” in order to register for your industry and team.
09:30 a.m. class: C32244 & C32245
11:00 a.m. class: C32247 & C32248
• Your “registration number” is NOT the SimID; you will not have a registration number until AFTER you register with CAPSIM and pay the fee.
• Each student should have his/her own CAPSIM registration and email address. If you make a mistake while registering for CAPSIM and can’t correct it yourself, then simply email or call CAPSIM at 888-472-7554 for help.
• I have assigned students to two industries based on the first letter of your last name but you can trade with your classmates with my help. Each industry will have 3 or 4 members.
• Participation consists of running a company in the electronic sensor industry. There are three rounds
– The first round (rehearsal) is individual. You must have completed 8 individual rehearsal rounds (see course calendar)
– The second round (practice) is in teams.
– The last round (competition) is also in teams.
• You will find that all of the normal financial/accounting data and other information a real firm would have will be available to you for your CAPSIM company as it progresses through both the practice rounds and then after I restart the game, the 8 years of real operation.
• Each team will have 3 members.
• Teams will be identified by their CAPSIM company name: Andrews, Baldwin, Chester, Digby, or Erie. There is one more team Ferris which will be a computer.
• Your performance in rehearsal and practice rounds is graded as pass or fail. You need to achieve a certain threshold. You will receive a letter grade for your performance in the competition rounds.
• How well your company performs is simply a matter of
– How much research and effort each of your team members puts into the CAPSIM exercise,
– how well your organization of your team can bring all your team members’ collective experience and knowledge to bear on running your CAPSIM firm, and
– how effectively you can implement the strategy your team formulates.
• The Balance scorecard measure feature will be used to assign a grade between 0 and 100 to each team’s performance relative to other teams in the class. (The system gives you a total of
1000 points but through “my magic” I will translate it into 100.)
• Different rounds are graded differently in
CAPSIM:
– Round 1: 82, points
– Rounds 2 and 3, 89 points
– Rounds 4 and beyond, 100 points
– Recap 240.
• It was introduced in 1992. It is a strategic assessment tool that can accurately portray a business unit's strategic progress. The Balanced
Scorecard asks managers to consider their business from four perspectives:
• The Customer
• Internal Business
• Innovation & Learning
• Financial
• What is a sensor?
• Who buys sensors?
• Do I need a credit card to register in
CAPSIM?
• What is a CAPSIM round?
• How many rounds will we play?
• What is the balance scorecard?
• What industry should I register for?