Simulation Worksheet
Simulation Worksheet
Simulation Worksheet
Complete this worksheet for each Quarter. Include it in your Assessment 2 Part A.
Name Fibrafly Team
Quarter 1 Date of completion of worksheet 20 Mar-2024
Identified issue(s) Recommended action to solve the issue Post-quarter result
List each issue on a separate line Must link to theory and be referenced Comment whether the decision was implemented, and if not, why.
Briefly discuss whether the implemented decision yielded the expected result(s), and why.
How to handle Leadership and how to allocate roles Leadership roles has been decided based on experience, interest and consensus of team members.
Which Market-research to buy on?
Team Collaboration
Brand Designing and Company name To differentiate the brand name from other competitors.
Simulation Worksheet
Simulation Worksheet
Complete this worksheet for each Quarter. Include it in your Assessment 2 Part A.
Name Fibrafly Team
Quarter 2 Date of completion of worksheet 20 Mar-2024
Identified issue(s) Recommended action to solve the issue Post-quarter result
List each issue on a separate line Must link to theory and be referenced Comment whether the decision was implemented, and if not, why.
Briefly discuss whether the implemented decision yielded the expected result(s), and why.
Selecting the Region based on market Research difficult to decide on region to focus Decision to open web sales on NORAM was not Implemented due to warning message from Simulation and disagreement with team members.
Based on Mutual decision, webstore and Physical store has been opened in Europe (Nantes & Warsaw). //
Selecting the Fixed capacity number of printers Initial consideration was to go ahead with low-risk option and go-ahead with 16 printers, but based on mutual concurrence number of printers has been increased to create more revenue potential.
Whether to open physical Outlet or only focus on online sales. Based on geography and maximum reach. group decision was to go with omnichannel.
Choosing the market segment and deciding the bike features. Based on the Market demand and advanced technology we went to speed segment.
Based on high recreational bike demand in Europe from market- research we decided to go ahead with Recreation segment.
Simulation Worksheet
Simulation Worksheet
Complete this worksheet for each Quarter. Include it in your Assessment 2 Part A.
Name Fibrafly Team
Quarter 3 Date of completion of worksheet 27 Mar-2024
Identified issue(s) Recommended action to solve the issue Post-quarter result
List each issue on a separate line Must link to theory and be referenced Comment whether the decision was implemented, and if not, why.
Briefly discuss whether the implemented decision yielded the expected result(s), and why.
To figure out Operating Capacity and Production Capacity based on forecasted demand In Q2 fixed capacity was decided, We wanted to capitalize the maximum from our fixed asset.
We want to avoid stock-out issue by utilizing maximum of our asset and Human resources and sales.
Prioritizing and designing Advertisement for both the brand Based on the customers and the market needs and features of the product, we have selected and prioritised the 9 parameters of Ad for both the products.
Allocating marketing and advertising budget Based on forecasted demand brand wise, we have allocated the budget region specific into different channels.
Fixed capacity expansion for next quarter As we are still awaiting on the customer response and market research on our product. Decision is to keep linear incremental forecast.
To finalize selling price and price rebate for both the brands Price finalization has been done based paying capacity of the customer, regionwide.
Over estimation of the quterly sales and not properly estimating the demand.
Simulation Worksheet
Simulation Worksheet
Complete this worksheet for each Quarter. Include it in your Assessment 2 Part A.
Name Fibrafly Team
Quarter 4 Date of completion of worksheet 31 Mar -2024
Identified issue(s) Recommended action to solve the issue Post-quarter result
List each issue on a separate line Must link to theory and be referenced Comment whether the decision was implemented, and if not, why.
Briefly discuss whether the implemented decision yielded the expected result(s), and why.
Issue with Deviating Focus from main target segment.
Missing opportunities in other region.
Demand has been adjusted with seasonal change and by keeping same price but still projection sales were not met.
Losing Market share due to Pricing and Placement. Simulation Worksheet
Simulation Worksheet
Complete this worksheet for each Quarter. Include it in your Assessment 2 Part A.
Name Fibrafly Team
Quarter 5 Date of completion of worksheet 13 April-2024
Identified issue(s) Recommended action to solve the issue Post-quarter result
List each issue on a separate line Must link to theory and be referenced Comment whether the decision was implemented, and if not, why.
Briefly discuss whether the implemented decision yielded the expected result(s), and why.
Pricing Strategy is an issue Pricing strategy was decided based on demand forecast and keeping Profit margin intact.
Demand Projection Optimistic Vs Pessimistic demand projection : We decided to go with optimistic demand projection We Demand projection was made considering past demand. // Pessimistic vs Optimistic.
Work force productivity was less due to low demand Looked upon in Q5 System improvement was implemented in Q5 to improve the efficiency
Opportunity of Cost optimization is minimal due to high capital infusion due to initial stage of startup. Only way is to push for more demand. and reduce COGS.
Issue of EPS dilution due to focus of two different segments.
High volume low margin
Low volume and High margin -Strategy is to keep same strategy till Q5. Based on result of Q5 and Sales figure, strategy will be adjusted to maximize the profit.
Asset management was issue due to low capacity and high projection of demand. Simulation Worksheet
Simulation Worksheet
Complete this worksheet for each Quarter. Include it in your Assessment 2 Part A.
Name Fibrafly Team
Quarter 6 Date of completion of worksheet 24 April-2024
Identified issue(s) Recommended action to solve the issue Post-quarter result
List each issue on a separate line Must link to theory and be referenced Comment whether the decision was implemented, and if not, why.
Briefly discuss whether the implemented decision yielded the expected result(s), and why.
R&D Investment and timeline R&D Investment was delayed by one quarter. We are delayed in the R&D investment which caused us loss of sales due to competitors are having better product then us with right price.
Geography expansion to another Location. We have decided to expand more physical store in NORAM and leaving another region. Expansion has been observed in Q6 and We faced stock out issue, which impacted us in Q7 demand because I will.
High Operation and marketing cost Pricing strategy Pricing Strategy should have been followed based on different category, but we followed same strategy of price elasticity till Q6. Implemented results decision yield results
Simulation Worksheet
Simulation Worksheet
Complete this worksheet for each Quarter. Include it in your Assessment 2 Part A.
Name Fibrafly Team
Quarter 7 Date of completion of worksheet 27 April-2024
Identified issue(s) Recommended action to solve the issue Post-quarter result
List each issue on a separate line Must link to theory and be referenced Comment whether the decision was implemented, and if not, why.
Briefly discuss whether the implemented decision yielded the expected result(s), and why.
Low product range to cater the market High operation cost Brand reputation dilution due to late investment in R&D. Cash Management Simulation Worksheet
Simulation Worksheet
Complete this worksheet for each Quarter. Include it in your Assessment 2 Part A.
Name Fibrafly Team
Quarter 8 Date of completion of worksheet 05-05-2024
Identified issue(s) Recommended action to solve the issue Post-quarter result
List each issue on a separate line Must link to theory and be referenced Comment whether the decision was implemented, and if not, why.
Briefly discuss whether the implemented decision yielded the expected result(s), and why.
01. Liquidity management 02. Brand management 03. Pricing strategy
Simulation Worksheet
Simulation Worksheet
Complete this worksheet for each Quarter. Include it in your Assessment 2 Part A.
Name
Quarter Date of completion of worksheet
Identified issue(s) Recommended action to solve the issue Post-quarter result
List each issue on a separate line Must link to theory and be referenced Comment whether the decision was implemented, and if not, why.
Briefly discuss whether the implemented decision yielded the expected result(s), and why.
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Worksheet 6
Worksheet 6
Reflective Activity - Practicing presentation dos and donts
Reflective Activity - Practicing presentation dos and donts
Rate 1-5 for each team member and for yourself. The higher the score, the better.
Presentation Dos Team Member
ME A B C D
Used appropriate visual aids
Familiarised yourself with the virtual platform and share screen features
Spoke slowly, clearly and loudly with appropriate intonation
Timed your presentation
Made proper contact and had positive body language
Presentation Donts Team Member
ME A B C D
Didn't talk to the screen; talked to the audience
Didn't jump start the presentation without an introduction
Didn't merely read the information from the slides
Didnt rush through the presentation
Feedback
Keep this brief, 2-3 sentences at most.
A
B
C
D
ME
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Worksheet 5
Worksheet 5
Reflective Activity - High Performance Team Questionnaire
Reflective Activity - High Performance Team Questionnaire
Review the statements within each section below and applying the rating most suitable to the teams current performance.
Pathway No Sometimes Yes
My team has a clear understanding of the pathway forward.
My teams purpose and vision are articulated and understood.
My team has an effective plan to deliver on the strategic pathway.
My team has an effective short-term strategy.
Transparency No Sometimes Yes
My team members understand their roles and how they interact with each other.
I understand the contribution my role makes to the overall strategy.
I am clear about the hurdles I need to overcome to ensure success.
I have clarity over my teammates roles and how they interact into the strategy.
Teamness No Sometimes Yes
My team has the authority to deliver on its accountabilities.
My team recognises the sacrifices required to achieve success.
My team members collaborate to ensure success.
My team members share in my success and support my goals.
High performance team questionnaire
Resilience No Sometimes Yes
My team members styles and capabilities enhance the teams resilience.
My team supports me when I am struggling to achieve my goals.
My team recognises the value of diversity and its benefits.
I actively support my team members when hurdles present themselves.
Communication No Sometimes Yes
We have a process that supports having challenging conversations.
Informally, my team members provide insights and ideas to my situation.
My team members are aligned in the messaging we provide to the wider organisation.
My teams meetings address both the governance and the performance aspects of our roles.
Commitment No Sometimes Yes
My team members are committed to our shared objectives more than to their own individual goals.
I put in a great deal of effort beyond normal expectations in order to help my team to be successful.
My team members are willing to make sacrifices for the benefit of the team.
Achieving our teams goal is a higher priority than any individuals objectives.
Innovation No Sometimes Yes
We, as a team, are open to the concept of new ideas and fresh approaches.
I look forward to providing ideas and insights for the team to be more effective.
We continually benchmark ourselves to others and challenge ourselves to be better.
Innovation is seen as an important aspect of our roles.
Trust No Sometimes Yes
My team members trust one another.
I trust my team members.
Disclaimer: All content and material on the UpGrad website is copyrighted material, either belonging to UpGrad or its bonafide contributors and is purely for the dissemination of education. You are permitted to access print and download extractsfrom this sitepurely for your own education only and on the following basis:
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Any copies of this document, in part or full, saved to disc or to any other storage medium may only be used for subsequent, self-viewing purposes or to print an individual extract or copy for non-commercial personal use only.
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No material in this document will be modified, adapted or altered in any way.
No part of this document or UpGrad content may be reproduced or stored in any other web site or included in any public or private electronic retrieval system or service without UpGrads prior written permission.
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Worksheet 4
Worksheet 4
Expectations & Learning from success or failure
Expectations & Learning from success or failure
Expectations
What are your expectations for the unit? What are you hoping to get out of it?
Learning from failure
Reflecting on your performance in the preceding five units,list three attribution errorsyou have made:
Reflect on yourconfidence biasduring your studies of the MBA. Identify three occasions where your overconfidence created a bias and therefore dismissed alternative paths to completing a task:
Ask Why
Ask Why
Complete the following two question surveys:
Scale:
1 = Never
2 = Almost never
3 = Occasionally/Sometimes
4 = Almost every time
5 = Every time
Mark x in the relevant scale column.
Rate yourself on how many times you asked yourself why in the following scenarios: 1 2 3 4 5
When I did not achieve theexpected results, I asked why.
When I achieved theexpected results, I asked why.
Draft a plan for reviewing success and failure*
List below your 5-point plan for examining success and failure throughout the Capstone unit
Examinethe success or failure
List how you will identify the factors that contributed to success or failure
Systematicactivityreview
Bullet pointquestions you will ask when carryingout a review
Timeframe
When do you intend to carry out periodic reviews?
Replication
Consider classifications to identify replication or change.
Experimentation
List how you intend to utilise the Live Case Study simulation to experiment success
*Adapted from Gino, F. and Pisano, G. P. (2011) Why Leaders Dont Learn From Success, Harvard Business Review, 89(4), pp. 6844.
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You can download this document from the website forself-use only.
Any copies of this document, in part or full, saved to disc or to any other storage medium may only be used for subsequent, self-viewing purposes or to print an individual extract or copy for non-commercial personal use only.
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No material in this document will be modified, adapted or altered in any way.
No part of this document or UpGrad content may be reproduced or stored in any other web site or included in any public or private electronic retrieval system or service without UpGrads prior written permission.
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Worksheet 3
Worksheet 3
Reflective Activity - Personal and Professional Objectives
Reflective Activity - Personal and Professional Objectives
Management Activities
Management activities I like most, and things I am best at: Management activities I enjoy the least:
The strengths I will bring to the capstone project and the specific opportunities I will look for: Strategies Ill use to address the activities I like least:
Goals for the capstone project:
1.
2.
3.
Leadership Activities
Leadership activities I am best at: Areas of my leadership that I need to develop:
Leadership goals for the capstone project:
1.
2.
3.
Personal Development Activities
including emotional intelligence and interpersonal skills
The types of situations where Im able to flourish and where Im at my best: The situations that frustrate me, or known situations where I need to exercise better emotional intelligence and interpersonal skills:
Personal development goals:
1.
2.
3.
Overall Summary
Overall, Im expecting that the capstone experience will enable me to: Specific things Im aiming to achieve:
Disclaimer: All content and material on the UpGrad website is copyrighted material, either belonging to UpGrad or its bonafide contributors and is purely for the dissemination of education. You are permitted to access print and download extractsfrom this sitepurely for your own education only and on the following basis:
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Worksheet 2
Worksheet 2
Mindtools Leadership Survey Results
Mindtools Leadership Survey Results
Student Name
Date of survey completion
Overall score out of 100
Section Reflection
List two things for each that you intend to do to improve this skill over the duration of the unit.
Personal Characteristics
Self-Confidence(Questions 2, 8)
Positive Attitude and Outlook(Questions 10, 17)
Emotional Intelligence(Questions 5, 15)
Transformational Leadership
Providing a Compelling Vision of the Future(Questions 6, 14)
Motivating People to Deliver the Vision(Questions 9, 12)
Being a Good Role Model(Questions 4, 11)
Managing Performance Effectively(Questions 3, 13)
Providing Support and Stimulation(Questions 1, 7, 16, 18)
Disclaimer: All content and material on the UpGrad website is copyrighted material, either belonging to UpGrad or its bonafide contributors and is purely for the dissemination of education. You are permitted to access print and download extractsfrom this sitepurely for your own education only and on the following basis:
You can download this document from the website forself-use only.
Any copies of this document, in part or full, saved to disc or to any other storage medium may only be used for subsequent, self-viewing purposes or to print an individual extract or copy for non-commercial personal use only.
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No part of this document or UpGrad content may be reproduced or stored in any other web site or included in any public or private electronic retrieval system or service without UpGrads prior written permission.
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Worksheet 1
Worksheet 1
Mindtools Management Survey Results
Mindtools Management Survey Results
Student Name
Date of survey completion
Overall score out of 100
Section Reflection
List two things for each that you intend to do to improve this skill over the duration of the unit.
Understanding Team Dynamics and Encouraging Good Relationships(Questions 5, 15, 17)
Selecting and Developing the Right People(Questions 11, 17)
Delegating Effectively(Questions 2, 18)
Motivating People(Questions 13, 19)
Managing Discipline and Dealing with Conflict(Questions 3, 6, 12)
Communicating(Questions 8, 9, 16, 20)
Planning, Problem Solving and Decision-Making(Questions 4, 10)
Avoiding Common Managerial Mistakes(Questions 1, 7, 14)
Disclaimer: All content and material on the UpGrad website is copyrighted material, either belonging to UpGrad or its bonafide contributors and is purely for the dissemination of education. You are permitted to access print and download extractsfrom this sitepurely for your own education only and on the following basis:
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