Glo-bus Business Strategy Game Demystified 2011 - Official Site

Glo-Bus Strategies

2011-01-07T03:30:00.000-08:00

Most MBA programs around the world includes a course for business strategy . As part of these courses, most instructors now days opt for Glo-bus Business Strategy Game. Students are assigned to teams and have to craft a strategy that will capture them a high market dominance.

Here are some of the free tips shared by a recent participants about developing glo-bus strategies.

1. Get a team teleconference schedule going. Talking to your team members regularly will keep your glo-bus strategies sharp and focused all the time.

2. Download and really read the Glo-Bus Participant Guide. At least two members of your team should read the participants guide of Glo-Bus in full.

3. Take about 2 or 3 hours to just sit down with out distractions and get familiar with the site and all the information. You will feel happy for the time you spend here, when you see the glo-bus strategies you crafted start to deliver results.

4. Only one person at a time should update the numbers and save. There is a chat area where your team can access updates if they are logged on at the same time. If you are close to a submission deadline make sure no one makes changes until after the run.

5. Once you have a high-level strategy write it down and use it as a guide. This is important that way everyone is on the same page. Communication is of essence when developing glo-bus strategies.

For more tips on glo-bus strategies, download our eBook at Lulu.com.

Glo-Bus Simulation Tips – Five Tips to Improve Your Glo-Bus Results

2010-12-27T03:18:00.000-08:00

Did someone say there are no short cuts to win the Glo-Bus Simulation game? There’s no such “secret tips to win Glo-Bus simulation game, but we can give you some glo-bus simulation tips which might be helpful for you..

Here are some of the essential Glo-Bus Simulation tips, we discovered by participating in the game ourselves.

1. Select the Right Team for Your Glo-Bus game.

2. Read the First 5 Chapters of the Text Book

3. Know Who are Your Competitors

4. Get Familiar With the Decision Schedule

5. Talk to Past Contestants

To find more valuable tips like this, download our eBook which covers some of the secret Glo-Bus simulation tips in more details.

Glo-Bus Cheats

2010-11-29T03:06:00.000-08:00

Cheating is not a good habit. I know, when you say “glo-bus cheats” you are not intending to cheat your course instructor. Instead, you are looking for some glo-bus system cheats, aren’t you?

I’ll tell you one thing, that there are no such thing called “glo-bus cheats”. If you play the globus business simulation game with a smart brain, you can win it without cheating. All you have to do is to learn how the system works.

Some competing teams in my class tried few glo-bus cheats during our course. They didn’t make it to the top 5 teams either. But we won the game without executing any cheats on globus, because we figured out the way how the system respond to different decisions. And, that’s not a cheat, is it?

There’s no cheat at ll! You can learn how we won the Glo-Bus Business simulation game, by reading our eBook “Glo-Bus Business Strategy Game Demystified”.

How to Get Quick Results in the Glo-Bus Business Strategy Game?

2010-05-09T06:03:00.000-07:00

(This is a sample text from the e-Book "Glo-Bus Glo-Bus Business Strategy Game Demystified" To buy a copy of this e-Book, click here)

This is a very popular question among many of the Glo-Bus Business Strategy Game participants. There are no written rules on how to get quick results from your decision entries, but the past experience of many participants can be helpful for you to test some of the tricks to make high results.

If your objective is to be among top ranking companies in your industry (Usually from rank 1 to 3), you have to make sure you record good business performance to gain investor confidence (by way of EPS, ROE, and Stock Price), and at the same time to gain high company image rating. If one variable is to be pin point as capable of achieving both these targets, is the company market share. You can earn high profitability, while sacrificing market share. But that will result in low company image rating for you, since the market share is a key factor behind deciding your company image rating.

Therefore, the best method to get quick result is to increase your market share. If you can increase market share, you can sell more and if you are efficient enough, earn more profits. Most companies take it wrong, when they only focus on the profitability indices like EPS and ROE. They will maximize those elements, but will suffer in market share, resulting in lower overall standing at the game. But you have to keep in mind that increasing the market share is a gradual effort, where you have to move one step at a time. Here’s how to do it.

(This is a sample text from the e-Book "Glo-Bus Glo-Bus Business Strategy Game Demystified" To buy a copy of this e-Book, click here)

Glo-bus Winning Strategy

2010-04-05T05:30:00.001-07:00

Is there a one correct glo-bus winning strategy? This is a frequently asked question among many of the Glo-Bus Business Strategy Game players. There is no one glo-bus winning strategy in written format. There are no such hard and fast rules on how to get quick results from your decision entries, but the past experience of many participants can be helpful for you to test some of the tricks to make your own "glo-bus winning strategy".

If your objective is to find a winning strategy to be among top ranking companies in your industry (Usually from rank 1 to 3), you have to make sure you have a good strategy to record good business performance to gain investor confidence (by way of EPS, ROE, and Stock Price), and at the same time to gain high company image rating. If there's one variable to be pin pointed as capable of achieving both these targets, that got to be the company's market share. Your company's market share, will ultimately decide your ability to strike a winning strategy for glo-bus. You can earn high profitability, while sacrificing market share. But that will result in low company image rating for you, since the market share is a key factor behind deciding your company image rating.

Therefore, the best method to build a good glo-bus winning strategy is to focus on activities increase your market share. If you can increase market share, you can sell more and if you are efficient enough, earn more profits. Most companies take it wrong, when they only focus on the profitability indices like EPS and ROE. They will maximize those elements, but will suffer in market share, resulting in lower overall standing at the game; a failed strategy. But you have to keep in mind that increasing the market share is a gradual effort, where you have to move one step at a time. You can learn how to do it, and build your own glo-bus winning strategy by reading this ebook.

Importance of Practice Decisions in the Glo-Bus Business Strategy Game

2009-05-09T06:01:00.000-07:00

(This is a sample text from the e-Book "Glo-Bus Glo-Bus Business Strategy Game Demystified" To buy a copy of this e-Book, click here)

Before the actual game is started, your instructor will allow you one or two decision entries for practice. Even though these practice decisions are not counted in your final evaluations, it is very important for you to get the maximum out of the opportunity. There are few fundamental mistakes done by many groups, during the practice decisions. First; taking it too much serious. If you put your best energy with the practice decision, it might give a chance for other teams to identify your strengths, and intended strategy. Therefore it is not always recommended to execute your actual strategy to the fullest operation, during the practice sessions. The other mistake a team can do is to take to too much easy. Some teams simply overlook the practice decision, and just enter few adhoc numbers during the decisions.

Our recommendation is to take the literal meaning of “practice” and get the maximum. Try different combinations of pricing, P/Q ratings, number of models etc and get a grip on how the system will respond. If you are given more than one practice decisions; don’t try the identical strategies in both sessions. For example, if you tried with a 4.5 P/Q rating for Multi-Featured cameras in the first decision (Premium product); try bringing down the P/Q rating to 3 and lowering the price in the second practice decision. Past experience suggests that, higher the P/Q rating in MF cameras; higher the price you have to keep; lower the market share; but high profit volumes through attractive margins. If the P/Q rating is lower for MF cameras, the price will be lower and you can gain high market shares. But with the lower price, you can only keep a marginal profit per unit. As a result your overall profit volume will be lower. You can try out all these scenarios in the practice decisions and get a grip on how the system responds.

(This is a sample text from the e-Book "Glo-Bus Glo-Bus Business Strategy Game Demystified" To buy a copy of this e-Book, click here)

How to Start Your Glo-Bus Business Strategy Game?

2009-05-09T05:55:00.000-07:00

(This is a sample text from the e-Book "Glo-Bus Glo-Bus Business Strategy Game Demystified" To buy a copy of this e-Book, click here)

1. Prepare a Quick Reference for Objectives
Your participant’s guide will give you the expected objectives to achieve. Prepare an Excel sheet for the entire time period, with the objectives to be achieved listed chronologically.

2. State a Strategic Vision for Your Company
Sometimes you may require this vision statement for your 3 year strategic plan and for the company presentation. It is best if you can start with the vision at the beginning of the game; without waiting till the 3 year strategic plan is enabled by your instructor.

3. Pick a Generic Competitive Strategy
The participant’s guide will tell you that you can have different strategies for different geographical markets and different product lines.

4. Get to Know the Product
It’s an advantage for you to have a good understanding of digital camera features and real world demand criteria. This way you can set a “strategic road map” for you to refer, how and when you should improve your product along the way.

(This is a sample text from the e-Book "Glo-Bus Glo-Bus Business Strategy Game Demystified" To buy a copy of this e-Book, click here)

Glo-Bus Business Strategy Game Demystified - The e-Book

2009-05-09T05:53:00.000-07:00

The objective of this guidebook is not to repeat what you have already downloaded in the participant’s guide. Instead, this book will help you to understand those important hints and practical tips on how to do the BSG successful than your rival teams. This guidebook is written with the experience of several participants of the BSG during last few months. Tips and hints given here are practically tested. We will only list the strategies which were successful for past contestants of the BSG.

At the end of reading this guidebook you will have a thorough understanding of how the BSG work and how successful teams performed well with the game during the past.

Most of the past participants only realized at the last moment, that the some guidelines given on the official participant’s guide are partly misleading on several instances. That’s why we thought of writing this un-official guidebook, to avoid such commonplace pitfalls when battling the BSG through.

You have already paid some dollars to enroll with the game, and you are probably paying a considerable amount of money for your course as well. In light of such expenses; the small amount you have to pay for this book will pay you higher dividends in the game, than for those who will solely dependent on the official participants guide.

Click here to download your copy of "Glo-Bus Business Strategy Game Demystified"

Introduction to Glo-Bus Business Strategy Game

2009-05-09T05:41:00.000-07:00

(This is a sample text from the e-Book "Glo-Bus Glo-Bus Business Strategy Game Demystified" To buy a copy of this e-Book, click here)

Now that you’ve downloaded the participant’s manual and registered yourself with a company on the system; you need no more introductions to the Glo-Bus Business Strategy Game (Hereafter referred to as the BSG). The objective of this guide book is not to teach you what BSG and how it will help you to learn business strategy. It is all well written in the participant’s guide and your instructor would have already given you a good introduction about the game and how it will help you in understanding business strategy in the real world.
Just as a brief introduction; BSG is a web-based online game where you and your co-managers (team players) are taken over a digital camera company that is holding equal market share with several other companies. You are given a set of business objectives to achieve by the investors of the company. All that information is provided in your user manual and it is not necessary to repeat it here.
You will take over the company at the end of 5th year of operation, and you are expected return the company to your instructor at the end of a number of years he or she specify (In most courses this will be end of year 15)
You will be evaluated based on your overall performance in the BSG during the specified time period, and with few other assignments including two quizzes, few three year strategic plans and a company presentation (optional for the instructor) .

Throughout this book, we assume that you have completely read the participants guide and have a thorough understanding about the basics of the game and the terminology used. Therefore we will not describe any of the terminologies used in the game. (For example, you are expected to know what is P/Q rating and what is an “Exchange Rate Loss”)

(This is a sample text from the e-Book "Glo-Bus Glo-Bus Business Strategy Game Demystified" To buy a copy of this e-Book, click here)

7 Essential Requirements to Perform Well in the BSG

2009-04-18T23:40:00.000-07:00

Many people might tell you there’s no winning formula for the BSG. We agree! There’s no such “secret” formula’s. But the problem is you only have a chance to play this game for once! If it is a 3D virtual game on your favorite gaming console; you will have the luxury of “learning by mistakes”. But in the BSG, you will have only a little room for mistakes.

That’s why it is important read a guidebook like this, and gather as many as tips, hints and past experiences of the players who already played the game. In this chapter, we will list you some of the essential first steps that you have to do before starting the BSG. These first steps will put you in strong grounds against your competitors, once the actual game started.

1. Select the Right Team

2. Read the Participants Guide

3. Read the First 5 Chapters of the Text Book

4. Know Who are Your Competitors

5. Get Familiar With the Decision Schedule

6. Open a Box File to Store All Your BSG Related Documents

7. Talk to Past Contestants