Management Simulation: GLOBSTRAT

This course is designed to introduce participants to the basic managerial issues facing businesses, in both the private and the public sectors, at the beginning of the 21st century. The course bypasses the traditional management framework, such as the Planning, Organizing, Directing, Controlling framework developed by such people as Fayol at the dawn of this century. Rather, it focuses on the important issues of strategy-based management. Simple technical issues such as planning will be addressed during the simulation, around which the course is designed.

The important knowledge, skills and attitudes that will be targeted in this course are intended to help participants:

  • Develop a broad perspective on business dynamics and gain a better understanding of issues related to managing an organization as a whole;
  • Understand the issues related to coordinating and integrating the various activities of an organization;
  • Experience, through decision-making, both the specific contributions and the interdependencies of the various functions within the firm ;
  • Practice the actual business of managing. Through a complex business simulation, in teams, sharing and assuming consistent decision making, to win in the short run and be better off in the long run.
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