GLO-BUS: An Online Simulation for Developing Winning ... - COPLAC
GLO-BUS: An Online Simulation for Developing Winning ... - COPLAC
GLO-BUS: An Online Simulation for Developing Winning ... - COPLAC
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Course Grade (Cont’d.)<br />
The Two Strategic Plans:<br />
Commitment to Deliver Specified Results But Permits Full Strategic<br />
Flexibility<br />
Modify your strategy as often and as radically as necessary in response<br />
to unanticipated conditions as long as you meet or beat the<br />
per<strong>for</strong>mance targets set <strong>for</strong>th in the plan<br />
3-year strategic plan includes<br />
A strategic vision <strong>for</strong> the company<br />
Objectives <strong>for</strong> EPS, ROE, credit rating, image rating, and stock price<br />
appreciation<br />
To get a “good” per<strong>for</strong>mance score requires that a company achieve<br />
per<strong>for</strong>mance levels at least commensurate with investor expectations each<br />
year<br />
“Bonus scores” <strong>for</strong> setting “stretch objectives” that are higher than the<br />
investor minimum per<strong>for</strong>mance targets and then meet or beat these stretch<br />
targets<br />
Proportional points are awarded <strong>for</strong> under-achieving the target<br />
Declare a strategy <strong>for</strong> entry-level and multi-featured cameras<br />
Prepare a “pro <strong>for</strong>ma” income statement that projects unit camera<br />
sales, revenues, prices, and costs per camera <strong>for</strong> each of the four<br />
geographic regions<br />
Ben A. Kahn / Paul Miesing “<strong>GLO</strong>-<strong>BUS</strong>” BADM 510-70 Strategic Management MCLA / U Albany
Change language