The False Sense of Predictability: How Dr. Michele Yoder Uses StratSim to Build Strategic Thinkers
Recently we hosted a webinar on our simulation StratSim (StratSimManagement and StratSimMarketing), and we invited one o...
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What is Corporation?
Corporation is a comprehensive Global Strategy simulation designed to provide business instructors with an engaging tool to enrich the classroom experience. This simulation places students at the helm of a multi-division corporation in the dynamic information systems industry. It’s unique in that it allows students to gain real-world exposure to corporate-level decision making while contending with the intricacies of international market expansion.
The simulation provides a perfect platform for students to put theoretical knowledge into practice. Teams have the opportunity to implement corporate strategy decisions, including financing and acquisitions, marketing, operations, and human resources management for each Strategic Business Unit (SBU). This immersive, hands-on experience fosters active learning, enabling students to understand and appreciate the interplay between various strategic decisions in a global corporate setting.
One of the key benefits of the Corporation simulation is its emphasis on teamwork and strategy development under uncertain conditions. This element mirrors the dynamic nature of today’s business environment, where decision-makers must constantly adapt and revise strategies based on evolving market conditions. Through the simulation, students also gain experience in maintaining a positive cash flow and profitability, core skills that future business leaders need to master. The simulation extends up to 12 periods, allowing students to observe the long-term effects of their decisions, thereby reinforcing strategic thinking and planning.
WHY IS Corporation THE RIGHT Global Strategy SIMULATION FOR MY STUDENTS?
Corporation is designed with the following learning goals:
CLASSES
Global Strategy
Business Strategy
DIFFICULTY LEVEL
Intermediate
FIRST-TIME INSTRUCTORS USING CORPORATION SIMULATION
At Interpretive, we understand that running a simulation in your class may require some support. That’s why we are committed to providing you with exceptional customer support. Our experienced customer support staff consistently receive top ratings from our customers. Here’s what you can expect from us:
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A dedicated Customer Relationship Manager who will be your go-to person for any support-related questions or concerns.
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A team of customer support staff who are always ready to help you and your students.
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We promise to respond to any support request or question within 24 hours during the business week, so you can be assured that your needs will be met promptly.
ASSESSMENT TOOLS
Combining our simulation Corporation with our quizzes and assignments gives you the tools to assess your students’ understanding of the concepts of strategy. The following grading rubric works best to provide a thorough assessment of your students’ knowledge and understanding.
Got questions? Find answers!
Which classes is this simulation suitable for?
Corporation is designed for courses focusing on Global Strategy, Corporate Strategy, or General Strategy. Its prime use is in undergraduate-level classes. The simulation is financially-intensive, encompassing different world regions within a fictionalized context. It provides a comprehensive learning experience, introducing students to various aspects like negotiations, valuation, and strategic diversification.
What is the ideal team size for the simulation?
We recommend teams of 3-4 students. Beyond four, collaboration tends to become more challenging, affecting the decision-making process—a critical part of the simulation experience. Teams of two are also viable, but they lack the robust exchange of ideas and constructive disagreements inherent in larger groups.
What is the duration of the simulation?
The simulation runs for a minimum of six periods and a maximum of 12 periods, each period represents 6 months. On average, students will devote approximately an hour to two hours for decision-making in each period.
How do I find out more?
Sign up for Demo Access. This gives you access to Sample Course Sites, Resources, and even a look at completed games. For a comprehensive understanding, schedule a call with our staff to guide you through the simulation.
Schedule a call with us to ask any other questions you might have!
Discover why instructors choose Corporation as their preferred
Global Strategy Simulation!
From the beginning, my relationship with Interpretive felt more like a partnership than that of a customer. I have always felt that my perspective was welcomed and useful to them. I have never been let down by them. The simulation isn’t just an additional feature of my class; it is an integral component of the course.
Not only is the simulation an excellent tool for undergraduates, I use Corporation's more "ambitious" scenario when I teach MBA students, both traditional end executives. Interpretive's support staff has never let me down, whether I'm teaching in the US or abroad and I am grateful for the partnership we've built over the years.
Your team is really great, and I can't express how much I appreciate your support. It makes my job much easier.
Students have the opportunities to take on leadership roles and to learn about team processes in an experiential fashion. As an instructor, I can focus on one-on-team and one-on-one coaching; this creates an effective learning environment and a virtuous circle where we share our knowledge and enthusiasm.
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