The document outlines an assessed business simulation program with the following key objectives:
1) Expose business leaders to a simulated commercial environment to observe their contributions and identify their strengths and areas for development.
2) Provide individual feedback to participants and facilitate improved succession planning and development.
3) The simulation involves participants working in teams running competing companies over 2-3 days making decisions across various business functions while receiving assessments and feedback.
8. BUSINESS SIMULATION - DAY 1 08.30 Introductions and Briefing Individual SWOT Analysis Group SWOT Individual Values, Vision and Strategy Group Values, Vision and Strategy Board Appointments Decisions – Round 1(2021) Year 2021 Results (Debrief to analyse and challenge outcomes) 17.00 Decisions – Round 2 (2022) 19.00 Dinner (Hosted)
9. BUSINESS SIMULATION - DAY 2 08.30 Year 2022 Results (Debrief to analyse and challenge outcomes) Individual Communications Task Decisions – Round 3 (2023) New Product Development Task Year 2023 Results (Debrief to analyse and challenge outcomes) Decisions - Round 4 (2024) Team Effectiveness Review Year 2024 Results (Debrief to analyse and challenge outcomes) 18.45 Decisions – Round 5 (2025)
10. BUSINESS SIMULATION - DAY 3 08.30 Peer and Self Evaluation Year 2025 Results (Debrief to analyse and challenge outcomes) Decisions – Round 6 (2026) Individual Business Planning Presentation Preparation AGM Presentations Conclusion of simulation and closing address by Sponsor 17.00 Close