Why were the decisions taken – what factors were taken into consideration before the decisions were taken? For example, were decisions informed by market forces, competitor performance, internal considerations or as a result of lessons learnt from previous rounds? Give examples.

Business Strategy Game

Mission
A mission statement is designed to inform and inspire the company’s stakeholders, primarily employees, the media and general public, about the company’s CURRENT purpose – why the company exists.

For example:
Achieve by Year 13 a market share of  not less than 15%

Evaluate the major strategic decisions made during the six-round BSG simulation. Reflect on one round that stood out, why and key lessons learnt.

What key decisions were made as an organization – how did they relate to corporate strategic objectives? Give examples.
Why were the decisions taken – what factors were taken into consideration before the decisions were taken? For example, were decisions informed by market forces, competitor performance, internal considerations or as a result of lessons learnt from previous rounds? Give examples.
What was the outcome of the decisions – were the organisation’s strategic objectives helped or hindered by the decisions taken? Evidence of outcomes must be included here – e.g. screenshots of results.

Critically evaluate the impact of ONE specific emerging technology on the future of your business and make useful recommendations to future managers.