COMPLETELY BALANCED SCORE CARD

The Capsim Balanced Scorecard encourages members to guide their firm in the direction of long-term profitability. For example, a popular approach in the last round is to liquidate corporate assets and pocket the proceeds as a significant profit. Because Operating Profit is weighted in the Balanced Scorecard Recap, this distortion is rendered ineffective. Aside from that, by analyzing Customer Satisfaction and Internal Business Processes, organizations are motivated to provide high-quality goods while operating effectively and investing in staff productivity. Are you looking for completely balanced score card? Worry no more! We got you covered!

 

BALANCED SCORECARD

The Balanced Scorecard, which has been adopted for Capstone, Foundation (and Comp XM), gives an outstanding overall evaluation of the company’s performance and results in improved productivity. The Balanced Scorecard’s theory understands that financial metrics are outcomes, and that management efforts may be leveraged by applying them upstream, that is, focusing on prerequisites to profitability, rather than downstream, as is the case today. The scores for each round are accessible via the tabs at the top of this page. Within each round, clicking on any team’s score will take you to a page that contains an analysis of that team’s performance.

Exact scoring methods may be found by selecting the criterion name from the score breakdown and clicking on it. The Capsim Balanced Scorecard and the Capsim Top Ten the Capsim Balanced Scorecard is used to determine the top ten rankings. The Top Ten clubs on the Balanced Scorecard are those whose results are in the top ten percent in their respective leagues.

In the top decile, professors, schools, and teams are recognized for their success in each particular round as well as their overall performance across each round. Because some configurations of the simulation provide more chances for profit than others, a level playing field is required for equitable comparison for Top Ten assessment in order to achieve a fair comparison.

TQM/Sustainability qualifiers must have a total of six teams participating or computer companies per industry; HR qualifiers must have a total of six teams participating or computer companies per industry; and TQM/Sustainability qualifiers must have a total of six teams participating or computer companies per industry.

Disqualifiers:

• There will be no Student Bonuses.
• There will be no cash injections.

Instructors are allowed to arrange their simulations in whatever manner they see fit, as long as it does not provide their teams an unfair edge over the teams participating in other simulations.

MEASURES OF SUCCESS

Success Measures are given by the teacher via the Homework component of the course. Instructors may delegate authority to their enterprises to select how they like to be graded; nevertheless, since all factors are interrelated, a company with huge sales may not be as successful as a niche player. Companies may express their preferences on how they wish to be rated via the participant Homework area.

a ranking based on weights Final Score and Placement: This approach generates charts that compare each team’s performance to the weights assigned to each team by the system. The Andrews chart will display every team’s performance based on Andrew’s success metrics, the Baldwin chart will display every team’s result based on Baldwin’s measures, and so on.

The last chart, titled “Overall Scoring,” displays each team’s overall performance based on their specific criteria, allowing for an “across the board” comparison of results. In order to calculate the final score ranking, a three-step procedure is used: Each category is assigned a raw score by the algorithm, which is as follows: Normally, each team receives one point for itself and one point for each inactive team; however, teams who have had terrible outcomes may fall below this threshold.

A bonus point is awarded to the company for each active (participant or computer-based) team that they defeat. There may be instances when the difference between the top and second place teams in a category will be razor-thin. To be sure, the first-place team will always earn a score of 6, while the second-place team will always receive a score of 5. For each category, the system calculates an adjusted score by multiplying the team’s raw score by the success measurement weight assigned to that category.

For example, if Andrews’ return on equity (ROE) weight were 20 percent, and the company finished first in that area (earning 6 raw points), it would get 1.2 points for that performance. In order to get the total score, the adjusted scores for each category are combined. It is guaranteed that the resultant score will be between 1 and 6.

Relative Weighted Average

When using the relative ranking, the algorithm calculates a raw score for each category by dividing the team’s score (Team’s Value) by the score of the top scoring team in that category for each category (Highest Value). Using the above example, if the Team’s Profit Value is $5,000,000 and the Highest Value is $10,000,000, the team obtains an overall raw score of 0.50 ($5,000,000 divided by $10,000,000 equals 0.5).

Following that, the algorithm multiplies the raw score by the input for the success measure. For example, if a team’s success measure (Team Weighting) is 12.0, multiplying 12 by 0.5 will result in a “Score” of 6. If the team’s success measure (Team Weighting) is 10.0, multiplying 10.0 by 0.5 will result in a “Score” of 6. The sum of the scores for each category is put together, and the final total is shown in the Total row. Market share, stock price, return on equity, return on assets, return on sales, asset turnover, market capitalization, and cumulative profit are some of the metrics accessible.

 

ANALYSIS AND COUNTING

Report from an analyst

The Analyst Report assesses each company’s management performance over a range of 10 criteria.

Profits & Margin Emergency Loans & Cash Flow

Working Capital Market Share Forecasting Customer Satisfaction Productivity Financial Structure Wealth Creation are all important factors to consider.

For an 8 Round simulation, each category is worth 100 points, for a total of 1000 potential points every round; the total number of points achievable for an 8 Round simulation is 8000 points. Select a category from the drop-down menu to discover how the score for that category was calculated. The category report summarizes the performance of the firm and makes recommendations for development. Some categories are diametrically opposed to one another. For example, a high Customer Satisfaction score may necessitate the pricing of items at the low end of the price range, which may result in a lower Profits score.

Round-by-round evaluation

The Round Analysis is a streamlined way for evaluating a company’s performance and profitability. The Round Analysis provides ratings for the following categories, which range from zero to five stars: Contribution Margin Emergency Loans Inventory Stock Price Profits.

For High School or Introduction to Business classes, the Round Analysis is an excellent choice. Summary of Stars This section provides a summary of the stars given during the Round Analysis.

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