Balanced Scorecard Game

The simulation is developed under the context of the case study called “neXstore” planning and executing a new strategy in a chain of convenience stores, where the recently formed board demands explosive growth for the company.

COURSES IN WHICH THE BALANCED SCORECARD GAME IS USED:

Management Control, Strategy & Business Administration

After using the simulator, students will have learned to transfer a business vision to a strategic map following the Balanced Scorecard methodology, identifying how to measure the achievements of each objective and understanding the impacts of the initiatives carried out to correct or maintain the course of the company. To this end, during the simulation they must decide: which objectives to position in each guideline and in each perspective, how the objectives relate to one another, which KPI(s) best represent the fulfilment of each objective, and which initiative will be implemented in each six-month period of operation.

"It is much easier for the students to understand the concepts through the game than a standard lecture."

Tito Homem-de-Mello

Professor

Universidad Adolfo Ibañez - Chile

GameLab Education - Games and Simulations for Operations Management classes

2020-07-30T00:22:00+00:00

Tito Homem-de-Mello

Professor

Universidad Adolfo Ibañez - Chile

"It is much easier for the students to understand the concepts through the game than a standard lecture."

https://gamelabeducation.com/testimonials/83985/

"I found that the use of simulation games in the classroom increases students' motivation for learning. Additionally, this active learning prepares students to deal with the real-business environment and decision making in uncertainties."

Hossein Rikhtehgar

Assistant Professor

Pacific University - Oregon

GameLab Education - Games and Simulations for Operations Management classes

2020-07-30T00:30:43+00:00

Hossein Rikhtehgar

Assistant Professor

Pacific University - Oregon

https://gamelabeducation.com/testimonials/83990/

"Some of the students that have been very quiet throughout the semester “came alive” and communicated more with each other than they had during formal classes until then."

David Martell

Professor

University of Toronto - Canada

GameLab Education - Games and Simulations for Operations Management classes

2020-07-29T22:40:11+00:00

David Martell

Professor

University of Toronto - Canada

"Some of the students that have been very quiet throughout the semester “came alive” and communicated more with each other than they had during formal classes until then."

https://gamelabeducation.com/testimonials/84008/

"My colleagues and I definitely believe in them. They are much more effective in capturing the attention of all participants than a boring presentation or an Excel spreadsheet."

Miguel Rodríguez

Revenue Manager

Melia Hotels International - Germany

GameLab Education - Games and Simulations for Operations Management classes

2020-07-29T21:22:55+00:00

Miguel Rodríguez

Revenue Manager

Melia Hotels International - Germany

"My colleagues and I definitely believe in them. They are much more effective in capturing the attention of all participants than a boring presentation or an Excel spreadsheet."

https://gamelabeducation.com/testimonials/84010/

"I would say that students have a different energy whenever its game day. Even the students who are the least motivated in class end up being the most involved during a game".

Joline Uichanco

Lecturer

University of Michigan - USA

GameLab Education - Games and Simulations for Operations Management classes

2020-07-23T17:49:29+00:00

Joline Uichanco

Lecturer

University of Michigan - USA

"I would say that students have a different energy whenever its game day. Even the students who are the least motivated in class end up being the most involved during a game".

https://gamelabeducation.com/testimonials/83859/

"With the advent of online education, simulators or games have become essential to get the student's attention. To be effective, online teaching cannot simply be doing the same thing as face-to-face classes. It doesn't work. It requires a change in the way of teaching and simulators help a lot to make things different."

Antonio Kovacevic

Professor

Pontificia Universidad Católica de Chile - Chile

GameLab Education - Games and Simulations for Operations Management classes

2020-07-28T19:28:03+00:00

Antonio Kovacevic

Professor

Pontificia Universidad Católica de Chile - Chile

https://gamelabeducation.com/testimonials/83988/

"We call them games, because they are fun. But as learning tools, they are as effective as any class, homework or study case".

Marcelo Olivares

Professor

Universidad de Chile - Chile

GameLab Education - Games and Simulations for Operations Management classes

2020-07-23T17:05:04+00:00

Marcelo Olivares

Professor

Universidad de Chile - Chile

"We call them games, because they are fun. But as learning tools, they are as effective as any class, homework or study case".

https://gamelabeducation.com/testimonials/83856/

"Simulations engage the students directly and give them an opportunity to not only apply the techniques they’re learning but also to think critically about the outcome by assessing the metrics and considering cause, event, and effect."