Highlights
Process:
The Individual Letter to the Successor requires students (on their own) to once again think critically and develop an integrative view of the firm. However, students will each (on their own) act as a Vice-President, who is to exit, of their respective companies and provide a detailed, but also a maximum; words document (letter) to a new (recently appointed) CEO who will be taking over leadership of your company.
The overall idea is to successfully transition the strategies and operations of the business to the new CEO. Essentially, after two years as VP of a micro-computing firm, you are stepping down and moving on to other activities. However, the company will continue its operation and someone else will take on your responsibilities.
Essentially, this is a mandatory part of the marketplace simulation process, whereby each student is to write a letter to your successor to facilitate the transition. The Individual Letter to the Successor is to be submitted to Brightspace to the clearly labeled “assignments” folder by the due date clearly specified in the course schedule in the Syllabus and Course Outline for this course.
Letter to Successor:
This Individual assignment is aimed at facilitating concepts and theoretical with practical integration. Therefore, students are to write a memo to their successor outlining the company's current situation from the perspective of their functional area and discussing their major learning during the course of the simulated two years of operation.
As a key part of this individual submission, students are also expected to apply relevant theoretical frameworks from this and/or other courses to illustrate the lessons they have learned. Moreover, a series of future recommendations must be included in this letter to the successor from the perspective of the Executive Position for which the student owned/heldfor the majority of the marketplace simulation.
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