Thursday, November 06, 2008

Of Capsim Challenge III

Ah, 737 participating teams for the Capstone World Wide Fall 2008 Challenge and i'm one of them, no. 265 to be exact.. some numbers for toto perhaps?

Round 2 was completed last night, as of now, its a 24-hour window to make decisions, a more hectic schedule awaits those who get into the finals, and more importantly, a berth to play against other teams instead of just programmed bots..

Already, the bots are showing to be smarter, by having different companies focus in different market segments, higher resources are available to compete for a same market share.. so for someone that me who is banking on a Broad Cost Leadership Market Strategy, the difficulty becomes fighting 5 bigger guys in each specific segment then..

Allow me to defend my strategy though.. a simulation like this judges based on a number of factors.. and these factors are reflected in a balanced scorecard or BSC. That means that a company must do well in ALL aspects of the business in order to obtain a good BSC score. My strategy involves keeping my 5 products in all 5 segments throughout the 8 years, this meant that despite spreading my resources across 5 products for Research & Design, Marketing, Production and general spending on Total Quality Management and Manpower Investments. The strategic benefit of this strategy means that i have 5 products fighting in all markets, maximising my potential to earn in each market, that would also mean that my competitors will have me and a competitor in all segments, fighting for a piece of the pie

I'm sorry if i bored you with my strategy, it can change as the game changes over time.. let's see how my strategy changes for this challenge then

Now for Round 2, i have made progress in terms of sales and market share, however, in terms of earnings, i still lag behind my competitor bots:
 





I'm loving this phrase more and more: WHO DARES WIN

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22 Comments:

Anonymous Anonymous said...

Hi,
I just came across ths blog when I was searching for more info on Capsim. Nice to see someone excited about the game. I am also taking part in it. How are you faring in the later rounds? So far, I am doing quite good, with a profit of $54mil in round 5.

9:15 am  
Blogger klayhead said...

Oh hi! i'm doing quite ok still, bear in mind that the BSC scores are used to monitor performances and not profits per se, but still.. a 54mil profit looks great!

10:15 am  
Anonymous Anonymous said...

Yea balanced scorecard is what we are judged on, that is going good as well, with about 93 out of 100 for round 5.

9:00 pm  
Blogger klayhead said...

congrats! i only managed 86 for that Rd 5! Which university/country are you from?

11:25 pm  
Anonymous Anonymous said...

Yea I was pretty happy with the score. I am from Curtin University in Perth, Australia. How about you?

7:29 pm  
Anonymous Anonymous said...

I am also playing! How are you guys doing?

12:00 pm  
Blogger klayhead said...

woah.. hi to both of you!

i don't think i'm progressing well enough to make it to the finals

i'm from Curtin University too! But i'm taking my BComm offshore in Singapore

8:52 pm  
Anonymous Anonymous said...

I guess we will find out today!

I'm from SEU in Florida, but I'm Canadian.

12:17 am  
Blogger klayhead said...

My final score stands at 867/1000..

i'm sure there's someone from Curtin that would have done better than me? Haha

Congrats if any of you guys(or gals) made it!

12:33 am  
Anonymous Anonymous said...

We're standing at 908/1000. Feels like some will likely be higher.

1:08 am  
Blogger klayhead said...

This simulation actually feels easier than the CompXM simulation that i did for my individual assessment..

but i guess i'll be some distance away from the top.. hope the organisers would publish some kind of ranking then at least i'll know where i am among the 727 entries

congrats on your score Brian, sounds like you have a team working in there, hope you had fun like i did :)

1:15 am  
Anonymous Anonymous said...

Hi, I am anonymous number 1 Sasha. So you're from curtin university too. My final score came to 924. Still feel like there will be someone higher, only because there are so many people from Curtin in the competition. Ah well, we'll just have to wait and find out. Yea I also wish they would put up some sort of final ranking and not just the finalists.

2:34 am  
Blogger klayhead said...

hi sasha and brian,

the rankings are out! i'm on 110

hope your had fun like me, its interesting how my blog was discovered through this challenge :)

9:22 am  
Anonymous Anonymous said...

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11:47 am  
Anonymous Anonymous said...

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1:36 am  
Blogger Unknown said...

The easiest way to guarantee success is the online guide at:

www.capsimexperts.com

My team used it and we placed in the 99th percentile.

4:37 am  
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5:48 am  
Blogger beatthesimulation said...

This comment has been removed by the author.

1:17 am  
Anonymous Anonymous said...

International Spring 2011 Capstone Challenge 2011 any1?

3:41 am  
Anonymous Anonymous said...

Hi,

Can anyone help me to understand better what to do in capsim? I am taking online class and had to restart the game because my results were terrible. Can anyone chat at gmail with me? I dont know how to score at least decent amount of points..I am terrible at it..

lenka.tam@gmail.com

Lenka

10:08 pm  
Blogger Joshua said...

I have made a post on my blog http://strengthofgif.blogspot.com/2013/01/capsim-objectives.html, and a few helpful youtube videos for other students.

Marketing: http://www.youtube.com/watch?v=RDWppBNPQ0w

Production: http://www.youtube.com/watch?v=W38fyQnnIZ4

R&D: http://www.youtube.com/watch?v=WUgrYFfTbwY

4:44 am  
Anonymous Anonymous said...

Fall 2013 challenge?

http://capsimchallengetips.blogspot.com

12:39 pm  

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