What sets Capsim simulations apart from our competitors? This article describes our simulation design goals, from approaching simulations as an art form to making the instructor's job a focal point.
What makes business simulations so successful in the classroom? This article explores the theory behind business simulations.
How are business simulations delivered?
We have delivered tens of thousands of simulations, and we can show you everything you need. This article offers:
The CapsimCore simulation is our “backdrop” simulation. Activities like adventure retreats, sports, or escape rooms are often used to create a backdrop for purposes like team building or networking. CapsimCore provides an indoor, team oriented, fun competition that can be completed in as little as 4 contact hours or spread out over as many as 16.
Business simulations are used in two ways – to teach business acumen, and to create a context where business is the backdrop. Usually they do both, but CapsimCore is specially designed to emphasize the backdrop. On the surface it looks like a richer simulation, and participants still make policy decision that drive the results. However, CapsimCore is forgiving of mistakes, and it leaves out the data and reports that participants would need to dig deep into their company and industry.
Use cases include:
The Foundation simulation is our most flexible simulation. It fills the gap between CapsimCore, our "backdrop" simulation, and business acumen simulations like Capstone and CapsimGlobal.
In the "backdrop" role, sometimes instructors want a simulation that can be used as a context for teaching behavioral competencies, or as a networking vehicle, or as in interdisciplinary framework. When streamlined to its basics, Foundation fills this role while retaining the tools needed to touch on business acumen. Where CapsimCore can be delivered in as little as four hours, a minimalist Foundation can be delivered in as little as a day.
In the "acumen" role, Foundation is less complex than Capstone, but it can be enhanced with add-in modules to meet most of Capstone's learning objectives. Instructors choose Foundation when the agenda is squeezed for time, or they are working with an audience that is still learning business vocabulary. When configured to save time, Foundation can be delivered in 75% of the time Capstone requires. With add-in modules, Foundation takes about the same time as a minimized Capstone.
In the "backdrop" role, Foundation places more emphasis on business principles than CapsimCore. It requires more time. Instructors use Foundation:
In the "acumen" role, instructors use Foundation:
CapsimOps is a specialty simulation that shines a spotlight on operations. It is a derivative of the Foundation simulation.
Building on the Foundation framework, CapsimOps delves deeper into the nuances of operations management. While it matches Capstone in terms of duration, CapsimOps presents a more intricate exploration of operational complexities, surpassing both Foundation and Capstone in this domain. This specialized simulation underscores the pivotal role of operations management in shaping business strategy.
CapsimOps caters to a diverse audience, including corporate trainers, business school educators, and professionals within government and non-profit sectors, who seek a deeper understanding of operations management within business strategy.
In the "Operational Depth" Role, CapsimOps distinguishes itself by:
In the "Specialized Learning" Role, CapsimOps is utilized for:
The Capstone Business Simulation remains our top selling simulation, with over 1.7 million students to its credit. Originally designed for exec ed, today it serves two audiences - corporate seminars and the wrap-up courses in degree programs.
Capstone pulls together the entire spectrum of business education. To succeed against their competitors, participants must integrate functional strategies into one coherent business strategy. They face challenges ranging from strategic analysis to team development.
Capstone excels at teaching business acumen, both the hard skills and the soft skills.
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CapsimGlobal builds upon the Foundation/Capstone framework to transition students from a domestic company to a multinational company. It explores all of the fundamental learning objectives of business strategy, then adds issues that companies face when they expand into international markets.
CapsimGlobal serves both the corporate training and academic markets. In executive education, it is used with audiences of domestic managers seeking a better understanding of international issues, ranging from market entry to supply chains. In academic settings, it might cap an international business sequence in an undergraduate program, or distinguish between undergraduate and MBA programs in a wrap-up course.
If you are new to our products, Foundation and Capstone are domestic simulations designed to teach business acumen. Both use a perceptual map that you could compare with a chess board. Foundation and CapsimGlobal place two market segments on the perceptual map. Capstone places five.
Now picture a 3D chess set. Replace the boards with perceptual maps. Deploy a two-segment map on the bottom map. That’s the USA. Above it we have Germany and China. Voila. CapsimGlobal. It is the cubic member of Foundation/Capstone/CapsimGlobal trio.
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GlobalDNA is our executive level simulation. It is aimed at executive education audiences or MBA students nearing the end of their program. Issues extend beyond the CapsimGlobal simulation to include outsourcing, tariffs, regional and product-oriented marketing, and local product design preferences.
GlobalDNA serves both the corporate training and academic markets. In executive education, it is used with audiences of domestic managers seeking a better understanding of international issues, ranging from market entry to supply chains. In academic settings, it might cap an international business sequence in an undergraduate program, or distinguish between undergraduate and MBA programs in a wrap-up course.
Chess uses a 2D board. Capstone and Foundation use perceptual maps. Foundation is simpler - it places two segments on the map while Capstone places five segments. Both are teaching platforms. Most of the aspects of business acumen, ranging from team building to business strategy, can be taught with either simulation. However, they are domestic simulations, not international.
Now picture a 3D chess set. Replace the boards with perceptual maps. Deploy a two-segment map on the bottom map. That’s the domestic playing field, comparable to Foundation and just as complex. Above it we have two international markets, equally complex. In CapsimGlobal, we present a domestic company with the opportunity to evolve into a multinational by entering Germany or China. In GlobalDNA, we expand on that theme by going from a multinational to a transnational corporation with options to regionalize Europe and Asia.
GlobalDNA and CapsimGlobal have similar teaching missions. As an observation, our academic customers choose CapsimGlobal first. It is somewhat simpler - for example, CapsimGlobal does not grapple with outsourcing. Customers choose GlobalDNA when they need a second international simulation in their curriculum (undergraduates use CapsimGlobal, MBA's use GlobalDNA), or when they are working with a senior executive education audience.
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A Case Module inserts itself into a currently running simulation, often in the later rounds. It stirs the pot by introducing a strategic threat or opportunity, forcing teams to reexamine their strategies. For example, the case might offer an attractive new market, but to address it, the team would have to rethink their policies in the production function.
Case modules are presented as new decisions and reports that are added into the user interface. In some cases they appear on a new display, and in others they are added to an existig display. They act upon the model as force drivers. For example, they might increase or decrease material costs, demand, or R&D cycle time.
A Case Module might not fit into a particular simulation or configuration. For example, within the Foundation universe, some configurations will work with, say, The Internet of Things case module, while other configurations disallow that module. We handle this problem by (1) asking instructors the configuration questions during the setup, then (2) only presenting the case module as an option if it works with the configuration.