Preview

Bsc Sentra Simulation

Good Essays
Open Document
Open Document
543 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Bsc Sentra Simulation
Learner’s Guidance for Balancing the Corporate Scorecard 2.0
ACC 8110 – Professor Licata

Balancing the Corporate Scorecard 2.0 is a discovery-based learning experience in a realistic context. It is an interactive simulation where the user must react to conditions and make decisions throughout the simulation.

Overview of the interactive simulation environment:

In “Welcome Aboard” Steve Tucker, chairman of GigaSoft (Sentra Software’s parent company), introduces himself and discusses the learner’s mission as the new CEO of Sentra Software.

In “Background Information” users may view a video of a consultant working with Sentra’s management team. You may also flip through a briefing book that will orient you to Sentra’s Balanced Scorecard process and provide background on Sentra’s market and finances. Most of the briefing material has been included in the handout provided.

In “Run Sentra” learners will try to guide Sentra Software through an effort to reinvent itself.

During the Simulation

Running Sentra consists of monitoring a set of 20 Balanced Scorecard metrics – spread across the four Balanced Scorecard perspectives (Financial, Customer, Internal Business Processes, and Learning & Growth) – and then making decisions in six areas:

• hiring/firing of customer service reps; • hiring/firing of consultants; • product pricing; • spending on IT; • spending on training; • product development allocation between power features and ease-of-use features.

Decisions can be made in any or all of these six areas each quarter. Click run to implement your decisions and view the consequences. The simulation lasts for 16 quarters – if you can stay alive that long!. During the simulation learners will receive lots of messages and coaching. On average it will take 4-7 attempts to succeed at navigating Sentra Software through its transition to serving a newly emerging, rapidly expanding market segment.

After the Simulation

You May Also Find These Documents Helpful

  • Good Essays

    Without a balanced scorecard, most organizations fail to achieve the consistency of the action and vision as the company may change its direction with the implementation of new strategies and how the process is completed (Kaplan & Norton, 2007).…

    • 546 Words
    • 3 Pages
    Good Essays
  • Better Essays

    A balanced scorecard is a tool to provide management a way to bridge the gap between the organization’s strategy and vision and the operational processes used to do business. It enables the company to look at more than just the financial targets, but to include nonfinancial measures such as customer service, internal business processes and more. These intangible measures provide better focus on the organization’s long-term strategies.…

    • 1163 Words
    • 5 Pages
    Better Essays
  • Better Essays

    The balance scorecard method will cover four main areas or quadrants and those are: shareholder value or financial perspective, customer value perspective, process or internal operations perspective, and learning and growth of the employee perspective. These four main areas or quadrants will help explain how Samsung’s new division, Customers Research and Development will be adopted into the Samsung business portfolio.…

    • 1021 Words
    • 5 Pages
    Better Essays
  • Good Essays

    There were many weapons used in WWI, one of them being hand grenades. Grenades are egg shaped explosives that are thrown and explode at a certain time. The discovery of the explosive dates back to the 15th century and further back. The grenade is deadly, not just for the amount of fire power but because the shell disperses and sprays the shards into all directions.…

    • 492 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Strategic Plan Iii

    • 1081 Words
    • 5 Pages

    A balanced Scorecard was circulated by Robert Kaplan and David Norton in 1992. This measures the current performance in the financial terms; the Balanced Scorecard also evaluates the business efforts for the future improvements using the process, customer, and learning and growth metrics. This can signify the balance among short-term objectives and long-term objectives, financial measures and non-financial measures, internal performance and external performance perspectives, and any lagging indicators and leading indicators.…

    • 1081 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    The Balance Scorecard is used as strategic tool and as an organization technique to achieve desired goals. The concept is used to bring into line an organization’s performance towards its objectives and vision. The scorecard can also be used to develop communication and response between the management and employees for monitoring…

    • 130 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Throughout this journey called Information Technology. There have been many things that we have been able to take from these lessons. There has been the learning of systems of programming. The several ways in which an organization can choose to take in the succession of their company. We have read and learned in the readings concerning System development life cycle. This program has been designed so that the person or people put in place to maintain this system can take no short cuts. This process enforces quality and employees to go the extra mile. When making the decision whether to buy a program from retail or finding people who know the company soliciting them to form a system around the organization detailed needs. In the following you will read the summary of this week’s learning and or how we can apply these things to our work habitation.…

    • 513 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    This is an introductory course! Students must put in their time learning the system in order to be very successful in the course.…

    • 2323 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Proposal

    • 1378 Words
    • 6 Pages

    The simulation application software can be evaluated as staff and management of Tricia-Mart can quickly try out ideas at a fraction of the cost of advertising in the media, radio or television. And, because they can try ideas quickly, will have more ideas, and gain many insights, into how to relate with their customers and run their organisation more effectively.…

    • 1378 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Conversely, the First Nations view of the world and more specifically the criminal justice system is vastly different. First Nations view of the world is one of community, relationships, equality, and holistic views of harmony and balance (Monchalin, 2016). Professor Leroy Little Bear stated, “[i]f the whole is maintained, then beauty, harmony, and balance result” (Monchalin, 2016, p.40). This idea of complete harmony and balance was not only for each and every human, but in every aspect in life, such as the environment and animals. With these views and values the power would not be held at the top, as well as the competitiveness and individualized mentality would not be present.…

    • 611 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Scorecards At BIOCO

    • 608 Words
    • 3 Pages

    BIOCO has realized from its use of balanced scorecards that the company has been able to open communication channels, where common goals are established throughout the whole company. Employees are able to view the company’s value drivers, such as financial performance. The Chief Intelligence Officer (CIO) believed that that balanced scorecards helped employees to not only look at their own departments operations, but the overall operations within the company. The Vice President believed that the scorecards helped all employees understand the overall goals of the company within their own departments. Balanced scorecards also helped the IT department interpret the other business areas within the company. The scorecards helped create an internal perspective that outlined the goals and the measures of the company. Balanced Scorecards allowed every employee at BIOCO to know what the company was excelling at, and where the company demanded resources be integrated in order to excel.…

    • 608 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Case Simulation Summary

    • 1117 Words
    • 5 Pages

    The case simulation was an exciting and scary experience. The case puts you at the head of a supply chain, as a manager who is responsible for the production of two new lines of mobile phones. The two lines of mobile phones only sale from May through December for a total of four years. Throughout the simulation/ case, the decisions made impacts performance and the longevity of your company. You are teamed up with team advisors that all have different opinions and can be considered unpredictable when it comes to reviewing what options to add and not add. For example, I had to decide between numerous phone upgrades or stock features. Each upgrades or mobile phone feature displayed advice from my partners in terms of their likes and dislikes. From the Design Room, you are transported to the Forecast Room where you have to…

    • 1117 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Assume the CFO of your organization approaches you to ask your advice about implementing and using the Balanced Scorecard at your organization.…

    • 463 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Critical thinking is essential in business and in every aspect of life. The more time spent thinking critically about an issue or problem allows the thinker time to generate a response and a course of action. A person that thinks critically about a decision before acting has the best chance of getting optimal results. Team-A has completed the Thinking Critically simulation and has reviewed the results as a group determining that in business, thinking critically can make the difference between success and failure. In the following critique, we will discuss the problem evaluation tools and techniques from the simulation and compare those to the tools and techniques that we would have used in this scenario. Team-A will describe the techniques and tools used to assist with the evaluation and how they affected the decision making process and outcome. Additionally, we will review the outcome of the simulation and any changes in our decision making process that we would recommend to generate better results.…

    • 1109 Words
    • 5 Pages
    Better Essays
  • Good Essays

    American Dream Narrative

    • 1636 Words
    • 7 Pages

    In the book, The Epic of America, written in the year of 1931, author James Truslow Adams was the first to give a “clear” definition of what the American Dream really is. He stated that the American Dream is “that dream of a land in which life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement” (Truslow 214). Although his definition describes what the American Dream is, it does not explain what everyone’s American Dream is throughout the world. This is because each person has their own idea of a perfect life, therefore giving them their own distinct Dream and ways to achieve it. For some people, the ideal and perfect life may mean finally leaving their home country and traveling to America to be successful and prosperous. For others, it may mean getting married, having two beautiful children living in a three bedroom house with a white picket fence. Although several people may have the same outcome they would like to accomplish, it is how they get there that distinguishes them from the rest. As a young, only child, I determined what I wanted my American Dream to be and that was to grow up underneath the influence of my parents and have the perfect family with a dog, but I still have yet to make it there. Sometimes, some people just have to wake up and realize that their American “Dream” is more like an American “Nightmare.”…

    • 1636 Words
    • 7 Pages
    Good Essays