Capsim logistics Registration • You will need an email address and the above SimID or “C number” (C32249_000) in order to register for your game and class. • 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 let me know or call CAPSIM at 888-472-7554 for help. Participation • Participation consists of running a company in the electronic sensor industry. Each of you will be running your own company and competing against computers. • You will play the simulation three times: rehearsal simulation, practice simulation, competition simulation. • 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. Performance (1) • You will get a grade both at the end of practice rounds (pass or fail) and at the end of “real” rounds (letter grade). • 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. Performance (2) • The Balance scorecard measure 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.) • Different rounds will be graded differently: – – – – Round 1: 82, points Rounds 2 and 3, 89 points Rounds 4 and beyond, 100 points Recap 240. Balance scorecard • 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