Strategic Management (SM) is a vital function that defines the long-run success and viability of any organization in an open marketplace. It includes important functions like strategic planning, corporate governance, business model innovation, competitive strategy, mergers & acquisitions, risk management, leadership, and performance measurement. To provide students with practical experience, it is necessary to transcend classroom lectures and expose them to actual strategic decision-making problems.
This specially curated collection of SM micro simulations is intended to serve as an interactive environment in which students can experience real-time strategic decision-making in a wide range of business situations. These micro simulations are set to address strategic decisions like corporate-level expansion strategies, tactical decisions like market entry strategies, and operational concepts like resource distribution and performance measurement. All micro simulations are crafted with a game-based solution to stimulate people to work together or individually and to be as creative and innovative as possible when solving complex strategic problems.