For more than 15 years, global corporations have relied on Web-DECIDE, a total-enterprise business simulation, to develop managerial capabilities in the US, Europe and Asia. These companies know the value of growing managers who think like CEOs.
The Web-DECIDE simulation — the core of a highly effective management development seminar — requires participants to engage in Systems Thinking by integrating over 30 major decisions variables involving:
- Price and volume tradeoffs
- Overtime tradeoffs
- Marketing mix challenges
- Cost of Quality
- Functional decisions linked to corporate strategy
The rigorous computer model requires participants to link their human resource strategy with their overall business plan. Teams combine their headcount plan with their production and capital programs, benchmark their pay and compensations plans, conduct employee surveys, and use an effective training program to ensure a financially viable business.
The Web-DECIDE simulation reduces "tunnel vision" by requiring participants to think and act as general managers.
Constantly updated to reflect current business conditions, Web-DECIDE is a realistic business simulation that fuels full-commitment learning. Participants give the program highest praise, calling it “challenging… realistic and relevant… the best management training program of my career!”
Take-home benefits to individuals and their companies are immediate and deep. Participants learn to appreciate the interrelationships among marketing, finance and operations, and how to communicate and plan jointly with managers from other functional areas. They learn improved decision making methods and much more
During simulation play, which often spans three to four days, participants work in teams to manage individual Web-DECIDE companies. Teams set company objectives, implement strategies and compete against one another. They receive instruction on relevant functional areas of business from Thomas F. Pray, Ph.D., a recognized leader and innovator in the field of business simulations and recipient of multiple awards for outstanding teaching. Teams make over 50 decisions using a menu-driven web interface.
Web-DECIDE software provides immediate feedback on profits, cash flow, customer satisfaction and other unforgiving measures of the effectiveness of team decisions. Multiple decision rounds, against a backdrop of changing economic and internal business conditions, allow teams to thoroughly examine the impact of their decisions.
Rigorous de-briefing sessions require team members to analyze their own decisions and strategies as well as those of their competitors.
