Effective Simulations

Akerman, Jonas
April 2011
Leadership Excellence Essentials;Apr2011, Vol. 28 Issue 4, p13
The article discusses business leaders' use of custom simulations of an enterprise, unit or process to develop strategic alignment and execution capability when faced with certain situations. Simulations are found to be helpful when dealing with new business processes or plans such as implementing new strategies or performance objectives, improving financial decision-making and transforming sales teams into drivers of business results. The key elements of effective simulation are also presented, including high realism and dynamic competitiveness.


Related Articles

  • Managerial Leadership Styles in Problem-Solving Conferences II. Delbecq, Andre L. // Academy of Management Journal;Mar1965, Vol. 8 Issue 1, p32 

    The article describes a design strategy which can be used to examine leadership and related behavior in decision conferences where the properties of complex organized systems are introduced into small group laboratory experimentation. Information is presented related to the simulation and...

  • The Oath of Leadership. Bell, Chip R // Leadership Excellence Essentials;Jan2015, Vol. 32 Issue 1, p18 

    The author discusses his opinion of the role of leadership in business. Topics include speculation on the potential influence if leaders had to take an oath before accepting their position as a leader, details on leaders' roles in executing decisions and plans, details on leaders' roles in...

  • Decision Leaders. Guttman, Howard M. // Leadership Excellence Essentials;Mar2007, Vol. 24 Issue 3, p18 

    The article presents tips on improving the skills of leaders regarding decision making. The author states that the best decision-making leaders have done away with the old hierarchical business model where decisions are made at the top and executed below. He adds that effective decision making...

  • ADDING CASE MATERIALS TO REINFORCE THE REALISM IN MARKETING SIMULATIONS. Zych, John M. // Marketing Education Review;Spring97, Vol. 7 Issue 1, p51 

    Marketing simulations allow students to get hands-on experience making complex business decisions. An ancillary package was developed to enhance realism, by including scenarios that capture realistic details of business decision-making. Scenarios were supported by current industry cases that...

  • Simulation in Business Planning and Decision Making, Simulation Proceedings Series. Gangwar, Anshumali; Sobol, Marion G. // Interfaces;Aug82, Vol. 12 Issue 4, p136 

    Reviews the book the "Simulation in Business Planning and Decision Making," Simulation Proceedings Series volume 9 edited by Thomas H. Naylor.

  • Making Decisions on Purpose. Little, Lynn // Administrator;Dec2004, Vol. 23 Issue 12, p8 

    Focuses on the plan of the Inventure Group to help leaders discover the art of making decisions on purpose in the U.S. Development of a simple formula for achieving success in making career decisions; Quality of a leader; Definition of good life.

  • Scenario development: using geopolitical wargames and strategic simulations. McCreight, R. // Environment Systems & Decisions;Mar2013, Vol. 33 Issue 1, p21 

    The art of scenario development is the core of successful and effective wargaming and conflict simulation which includes some fairly scientific aspects combined to form a proving ground for decision making, leadership and public policy. Paying attention to situational detail, estimating the...

  • Toward Developing Authentic Leadership: Team-Based Simulations. SHAPIRA-LISHCHINSKY, ORLY // Journal of School Leadership;Sep2014, Vol. 24 Issue 5, p979 

    Although there is a consensus that authentic leadership should be an essential component in educational leadership, no study to date has ever tried to find whether team-based simulations may promote authentic leadership. The purpose of this study was to identify whether principal trainees can...

  • Evaluation of Cost Leadership Strategy in Shipping Enterprises with Simulation Model. Ferfeli, Maria V.; Vaxevanou, Anthi Z.; Damianos, Sakas P. // AIP Conference Proceedings;8/13/2009, Vol. 1148 Issue 1, p905 

    The present study will attempt the evaluation of cost leadership strategy that prevails in certain shipping enterprises and the creation of simulation models based on strategic model STAIR. The above model is an alternative method of strategic applications evaluation. This is held in order to be...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics