Strategic Management: Harvard Business School- Strategy Simulation- The Balance corecard- Strategy management Reflection Writing Assignment

Internal Code: 1GIFB

Strategy management Reflection Writing Assignment:

Task: Please make sure your reflection contains the following elements: 1. Overall, how was your performance in the simulation? Please review the key indicators of performance. Market Share Value 2. Which strategy did you choose for the Delta/Signal Corp and why? Low Initial Cost 3. Which objectives did you choose for your strategy and why? Competitive Price for Customers Improve Low Cost Sourcing Employee Skills Improve Workforce Skills in JIT/ Lean Increase Sales 4. Which initiatives did you choose for your strategy/objectives and why? Customer Price Protection Program Low Price" Trade Marketing Program R&D Initiative: Wear-Resistent Parts Supplier Quality Engineer Onsite Target Costing Program Warranty Data Analysis Program 5. How did you learn from the Balanced Scorecard over the practice rounds and the 8 actual rounds? Explain if/why you made any changes to your initiatives. After 8 rounds, I learn how to choose the right objectives and initiatives to balance the graph 6. Reflect on what you learned from the simulation and how learning relates to your experiences in the business world.