Contents model:
AssignmentTutorOnline
1.Introduction
2.talk about importance of change managenet
3.Importance of strategy
4.The business simulation game overview
5.Strategy and change management evaluation
-Year4,q1
-Year4,q2
-year4,q3
-year4,q4
-year5,q1
-year5,q2
-year5,q3
.Dicuss about -Narge theory
-Emergent strategy
Appendix
- Initial strategic plan
- Performance print out per quarter
- Reflective log
- Reference list(Harvard style)
The assignment is simulation game.The game is a company that was running for 3 years.Every year has 4 quarters.After 3 years I need to take over the company and need to run another 3 years (12 quarters)
I’ve runned 7 quarters because the bank close down the company.All this 7 quarters needs to be explain in assignment based on changes I made attached with quarter picture.
The company name is NICKYBIKE and logo that you can attache to assignment.
I will add pictures below
This picture is intro for the company
This picture is summary data for the first 3 years
This picture is quarterly reports.My first quarter that I run is y4,q1(year 4,quarter 1)
I will write down all changes that I made for every single quarter and based on this changes you need to do report and explain how those changes affected my business
Year 4,q1
Recruitment Method for Organisation changed from Agency to Advertising
Recruitment Quality for Organisation changed from Average to Above Average
Recruitment Salary for Organisation changed from Average to Average – 2%
Training Method for Organisation changed from E-Learning to On the job
1 unit of equipment sold by Organisation
5 new workers employed by Organisation
0.4 new contractors employed by Organisation
Overtime for Organisation changed from 0% to 0%
You were charged a penalty fee of £16,900 for changing premises before your contract had finished.
New Bank Loan, £100,000, 1 year, 6%
Recruitment Method for Operations changed from Agency to Advertising
1 new worker employed by Operations
0.4 new contractors employed by Operations
Production product 1 manufacturer changed from In House to External Manufacturer
Component supplier changed from Billings to Chang
Quality level changed from None to Standard
Promotion Print Adverts changed from 1 Small to 5 Small
Promotion Social Media changed from 0 Small to 4 Small
Base price for product 1 changed from £645 to £644
Product 1 design changed from StreetSmart to No Design Selected
Product 2 design changed from No Design Selected to StreetSmart
Product 3 design changed from No Design Selected to StreetSmart
Outlets lost: 22 Small Retail outlets now no longer stock your products.
Outlets lost: 10 Large Retail outlets now no longer stock your products.
Outlets lost: 12 Web Retail outlets now no longer stock your products.
Product Technology : Comfort, 3 hours completed, new progress : 18%
Product Technology : Practicality, 7 hours completed, new progress : 0%
Product Technology : Speed, 12 hours completed, new progress : 96%
A new offer of equity investment has been received of £10,000 for a 7% shareholding. You will need to visit the equity page to accept or decline the offer.
Product Technology : Weight, 100 hours completed, new progress : 82%
Relocation Complete to Rural Premises, Space = 50 sq m, Quality = Poor Length = 0 years
Orders could not be satisfied due to lack of stock, resulting in fewer sales.
Year 4,q2
5 workers made redundant by Organisation
Product Technology : Comfort, 3 hours completed, new progress : 18%
Product Technology : Practicality, 7 hours completed, new progress : 1%
Product Technology : Speed, 12 hours completed, new progress : 98%
Product Technology : Weight, 89 hours completed, new progress : 100%
You have completed research in Weight which takes the company to level 2 and gives a 30% boost
Product Technology : Weight, 10 hours completed, new progress : 1%
You have exceeded your overdraft limit of £34,000 this quarter. Please make adjustments to bring your account back within your overdraft limit.
Year 4,q3
Recruitment Quality for Organisation changed from Above Average to Average
Recruitment Salary for Organisation changed from Average – 2% to Average + 10%
6 new units of equipment purchased by Organisation
0.6 new contractors employed by Organisation
Credit Control Level for Small Retail changed from Gentle to Firm
Component supplier changed from Chang to Williams
Quality level changed from Standard to Extensive
Recruitment Method for Research & Development changed from Agency to Advertising
Training Method for Research & Development changed from E-Learning to External Course
Training Policy for Research & Development changed from Maintain skills to Gradual Improvement
Overtime for Research & Development changed from 0% to 10%
Overtime Rate for Research & Development changed from No Paid Overtime to Time and a half
New product design started : productdesign, total hours 56
20 new units of equipment purchased by Sales and Marketing
1 worker made redundant by Sales and Marketing
Promotion Print Adverts changed from 5 Small to 0 Small
Promotion TV & Radio Adverts changed from 1 Small to 0 Small
Promotion Public Relations changed from 1 Small to 0 Small
Promotion Social Media changed from 4 Small to 3 Small
Product 1 design changed from No Design Selected to StreetSmart
Product Technology : Comfort, 11 hours completed, new progress : 19%
Product Technology : Speed, 5 hours completed, new progress : 100%
You have completed research in Speed which takes the company to level 2 and gives a 30% boost
Product Technology : Speed, 6 hours completed, new progress : 0%
Product Technology : Practicality, 15 hours completed, new progress : 2%
21 hours worked on product design productdesign, 35 remaining
Product Technology : Weight, 90 hours completed, new progress : 10%
Relocation Complete to Rural Premises, Space = 50 sq m, Quality = Average Length = 0 years
You have exceeded your overdraft limit of £34,000 this quarter. Please make adjustments to bring your account back within your overdraft limit.
New Customer research report created.
Product stock was transfered between products using the same design to satisfy all orders.
Year 4 ,q4
Recruitment Quality for Organisation changed from Average to Below Average
7 new units of equipment purchased by Organisation
10 new workers employed by Organisation
1 contractors laid off by Organisation
Recruitment Quality for Operations changed from Above Average to Average
Recruitment Salary for Operations changed from Average + 5% to Average
Training Policy for Operations changed from Rapid Improvement to Gradual Improvement
100 new units of equipment purchased by Operations
3 workers made redundant by Operations
0.7 contractors laid off by Operations
Production product 1 batch count changed from 10 to 1
Production product 1 units per quarter changed from 500 to 10
Production product 2 batch count changed from 2 to 1
Production product 3 batch count changed from 2 to 1
2 production units sold off
All existing production units replaced with new units.
Component supplier changed from Williams to Harris
Purchasing min stock changed from 200 to 0
Purchasing order size changed from 5000 to 1000
Quality level changed from Extensive to Standard
20 new units of equipment purchased by Research & Development
1 new contractors employed by Research & Development
Overtime for Research & Development changed from 10% to 0%
Overtime Rate for Research & Development changed from Time and a half to No Paid Overtime
New product design started : comfy, total hours 56
Recruitment Method for Sales and Marketing changed from Agency to Advertising
Training Policy for Sales and Marketing changed from Maintain skills to No Training
10 new workers employed by Sales and Marketing
Sales Channel Small Retail sales visits changed from 10 to 0
Sales Channel Large Retail sales visits changed from 5 to 0
Sales Channel Web Retail discount changed from 30% to 20%
Sales Channel Web Retail sales visits changed from 5 to 0
Promotion Social Media changed from 3 Small to 0 Small
Base price for product 1 changed from £644 to £200
New Investment Completed – £10,000 for a 7% shareholding.
21 hours worked on product design productdesign, 14 remaining
Bank Loan for 100000 has now been paid off
You have exceeded your overdraft limit of £34,000 this quarter. Please make adjustments to bring your account back within your overdraft limit.
Product stock was transfered between products using the same design to satisfy all orders.
Year 5 ,q1
22 new units of equipment purchased by Sales and Marketing
7 new workers employed by Sales and Marketing
You have exceeded your overdraft limit of £34,000 this quarter. Please make adjustments to bring your account back within your overdraft limit.
You have completed the product Design productdesign. In order to sell it to customers you will need to set one of your products in the pricing section to use this design.
New Competition research report created.
Product stock was transfered between products using the same design to satisfy all orders.
Year 5,q2
training Policy for Organisation changed from Maintain skills to Gradual Improvement
25 new units of equipment purchased by Organisation
3 workers made redundant by Organisation
Credit Control Level for Web Retail changed from Gentle to None
Credit Control Level for Bike Companies changed from Gentle to Firm
Production product 1 units per quarter changed from 10 to 100
Production product 2 units per quarter changed from 0 to 10
Production units downgraded to Power Tools
Training Policy for Research & Development changed from Gradual Improvement to Rapid Improvement
10 new units of equipment purchased by Research & Development
11 new workers employed by Research & Development
1 contractors laid off by Research & Development
Sales Channel Large Retail sales visits changed from 0 to 23
Sales Channel Bike Companies sales visits changed from 0 to 11
Promotion TV & Radio Adverts changed from 0 Small to 6 Small
Product Technology : Comfort, 25 hours completed, new progress : 22%
Product Technology : Practicality, 25 hours completed, new progress : 5%
Product Technology : Speed, 50 hours completed, new progress : 5%
The bank is very unhappy with your financial situation. Without an urgent improvement they may be forced to close down the company.
Product stock was transfered between products using the same design to satisfy all orders.
Year 5,q3
Training Method for Organisation changed from On the job to External Course
2 workers made redundant by Organisation
Training Policy for Sales and Marketing changed from No Training to Rapid Improvement
50 new units of equipment purchased by Sales and Marketing
Overtime Rate for Sales and Marketing changed from No Paid Overtime to Time and a half
Secondary Target Segment changed from Road Commuting to Road Leisure
Selling Point 1 changed from The best Price to Excellent Price
Product Technology : Speed, 50 hours completed, new progress : 10%
Product Technology : Practicality, 25 hours completed, new progress : 7%
Product Technology : Comfort, 25 hours completed, new progress : 24%
Relocation Complete to Business Park, Space = 100 sq m, Quality = Poor Length = 0 years
The bank has informed you that the company is in such a serious situation that there is no hope of recovery and they have therefore been forced to close down the company.
Product stock was transfered between products using the same design to satisfy all orders.
Table
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