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BTS - Multiplayer Simulation - Business Tournament

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The document describes the BTS Global Tournament, an online business simulation competition run by BTS. Over 30,000 professionals from 65 countries have participated. Teams of 4-5 members run a simulated company over 4 periods, making strategic decisions and receiving feedback on performance. The goals are to build business skills like strategic thinking, financial acumen, and teamwork. Participants found the competitive aspect highly motivating for learning. Client surveys found BTS simulations more effective for learning than other methods.

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Tournament Overview Prepared by Lars Lindgren www.btstournaments.com BTS GLOBAL TOURNAMENT
BTS Tournament Clients Over 30,000 participants from 65 countries have competed in the BTS Global Tournament since it was first launched in 1999
Why Use Experiential Learning? BTS Business Simulations use a combination of the 2-3 most powerful drivers of learning retention to catalyze changes in mindset and behavior. Average Retention Rate From Corporate Universities , Jeanne Meister Discussion Group Practice by Doing Teach Others / Immediate Use Competitive, simulation-based action-learning Demonstration Audio - Visual Reading Lecture 30% 50% 75% 5% 10% 20% 80%
Why Use Tournament Learning? Highly engaging, fun learning experience that build critical business skills and team work that you need to succeed Reach wider audiences faster and more effectively than classroom Cost, time, scheduling etc doesnt permit everyone to go to classroom sessions. On-line Simulations and Know-How sessions can reach anyone, anywhere and allow them to learn in a very flexible learner centered way More follow-up and tracking opportunities Usage statistics, reminder emails, follow-up on implementation plans etc Other benefits : Avoided travel costs Reduced hotel and catering costs Lower loss of productivity Less time away from family Minimized environmental impact
Tournament allow teams to compete virtually VIRTUAL TEAM #1 TEAM #2 TEAM #3 TEAM #4 TEAM #5
Tournament Overview The BTS Global Tournament is an interactive virtual learning experience designed for teams of 4 to 5 Participants run a simulated company in direct competition from teams from other companies around the globe They run the simulation over a period of 4 fiscal years with each member of the team acting in a top-management role The experience effectively builds business and financial acumen which in turn leads to significantly improved decision making capabilities The tournament enables participants to plan around busy work schedules, and participate in state-of-the-art learning experience in a highly-cost effective manner
Learning Objectives The BTS Global Tournament will: Broaden managements perspective by providing a helicopter view of how different functions and lines of businesses within the company interact Build broad, long-term strategic thinking Clear understanding of strategy and execution Explore short- versus long-term tradeoffs Develop an understanding of the key drivers of Shareholder Value Reinforce the drivers of shareholder value by exploring its components primarily Revenues, Costs and Assets and using them as the basis for decision-making Build teamwork between various functions and business areas Develop personal action plans to implement key learning points in the workplace
BTS Tournament Experience 4 Simulated Periods Business Simulation Online Pre-work & Case Tournament Introduction Interactive online knowledge sessions build on the simulation experience. Typical Know-how topics include assessing financial performance and the drivers of value. Participants in teams run a simulated corporation as its new executive team. The teams compete to execute strategy, drive KPIs and build value over several years. Feedback Sessions on simulation decisions and results during which real-life practices and issues are surfaced and team discuss the implications in context of their company's real world issues. Different theme for each simulation year. Fast-paced, experiential do-reflect-apply format Participants are provided with a copy of the simulation case study as well as interactive e-learning on financial acumen Introduction to the simulation experience is provided on the BTS Tournament Central website Knowledge Sessions Feedback Sessions Application Session Teams identify key learning points and discuss next steps for applying takeaways back on the job Follow-Up & Results 3-6 months after session follow-up and results measurement occurs; support tools are available START!
Business Decisions & Feedback Teams will also make business decisions to create a go-to-market plan. Once the plan is created with all business areas addressed, it is submitted to the marketplace. Then, teams receive feedback on how they performed in the market and the impact on KPIs, growth and profitability.
The Tournament Process PRACTICE ROUND Action Plan Pre-work & Case Study BTS Tournament Support Deadlines YEAR 1 YEAR 2 YEAR 3 YEAR 4 Deadline 1 Deadline 2 Deadline 3 Deadline 4 Deadline 5 Review Results Review Results Review Results Review Results The Tournament Experience Runs Over 10 Weeks Teams Spend 2-4 Hours Every Two Weeks on Their Decisions
The Reward Division winners proceed to the Global BTS Semi-Finals Semi-Finalists compete for a spot in the BTS World Final in Cannes on the French Riviera for a Luxurious Award Ceremony 2008 Finalists : Accenture SKF Schenker
BTS Virtual Tournaments Offerings Client Tournaments In-house closed tournaments Essentially, a 2-day BTS business acumen workshop conducted virtually over 4-6 weeks Includes coaching and facilitation by BTS consultants Employs a customized simulation or an existing industry simulation Examples: Cox, Cisco Systems, Honeywell, & Vodafone Sponsored Tournaments Tournament sponsored by an industry group or company Example: CTIA Wireless Industry Tournament
BTS Client Tournaments Web-based workshops that are conducted virtually and combine synchronous and asynchronous learning Great in situations where the target audience is dispersed and/or travel is restricted For audiences of 100-1000+ within a company, business unit or department Teams can be collocated or virtual (i.e., multiple team members from various locations) High degree of facilitation, teamwork and discussion, making it the next best thing to a live on-site workshop
Key Client Company Benefits Risk free environment to test & simulate strategies A proven way to develop management board dynamics Immediate results for precise action plans & follow up Skillful and motivated personnel to increase both revenue and profit External networking & benchmarking A deeper understanding of own and customers business Ideal tool for team building and virtual team Fast implementation & fast results
BTS Tournament Client Statistics Pre-work & Case Study Business simulations compared to Other training methods in general? How important was the competition Aspect for your motivation and learning results? Would you personally like to participate again? Would you consider the training beneficial to other people in your organization as well? More effective Equally effective Less effective Increased motivation and improved learning results Not important Yes No Yes No 87% 11% 2% 5% 95% 100% 0% 4% 96%
Why BTS? #1 in Providing Strategic Business Acumen Learning Initiatives Using Business Simulations for Companies Worldwide The world leader in online competitive business simulation tournaments with approximately 900 teams competing annually. Customized for a Variety of Business Objectives International Capabilities with a Global Reach Proven Track Record of Delivering Bottom-line Results

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BTS - Multiplayer Simulation - Business Tournament

  • 1. Tournament Overview Prepared by Lars Lindgren www.btstournaments.com BTS GLOBAL TOURNAMENT
  • 2. BTS Tournament Clients Over 30,000 participants from 65 countries have competed in the BTS Global Tournament since it was first launched in 1999
  • 3. Why Use Experiential Learning? BTS Business Simulations use a combination of the 2-3 most powerful drivers of learning retention to catalyze changes in mindset and behavior. Average Retention Rate From Corporate Universities , Jeanne Meister Discussion Group Practice by Doing Teach Others / Immediate Use Competitive, simulation-based action-learning Demonstration Audio - Visual Reading Lecture 30% 50% 75% 5% 10% 20% 80%
  • 4. Why Use Tournament Learning? Highly engaging, fun learning experience that build critical business skills and team work that you need to succeed Reach wider audiences faster and more effectively than classroom Cost, time, scheduling etc doesnt permit everyone to go to classroom sessions. On-line Simulations and Know-How sessions can reach anyone, anywhere and allow them to learn in a very flexible learner centered way More follow-up and tracking opportunities Usage statistics, reminder emails, follow-up on implementation plans etc Other benefits : Avoided travel costs Reduced hotel and catering costs Lower loss of productivity Less time away from family Minimized environmental impact
  • 5. Tournament allow teams to compete virtually VIRTUAL TEAM #1 TEAM #2 TEAM #3 TEAM #4 TEAM #5
  • 6. Tournament Overview The BTS Global Tournament is an interactive virtual learning experience designed for teams of 4 to 5 Participants run a simulated company in direct competition from teams from other companies around the globe They run the simulation over a period of 4 fiscal years with each member of the team acting in a top-management role The experience effectively builds business and financial acumen which in turn leads to significantly improved decision making capabilities The tournament enables participants to plan around busy work schedules, and participate in state-of-the-art learning experience in a highly-cost effective manner
  • 7. Learning Objectives The BTS Global Tournament will: Broaden managements perspective by providing a helicopter view of how different functions and lines of businesses within the company interact Build broad, long-term strategic thinking Clear understanding of strategy and execution Explore short- versus long-term tradeoffs Develop an understanding of the key drivers of Shareholder Value Reinforce the drivers of shareholder value by exploring its components primarily Revenues, Costs and Assets and using them as the basis for decision-making Build teamwork between various functions and business areas Develop personal action plans to implement key learning points in the workplace
  • 8. BTS Tournament Experience 4 Simulated Periods Business Simulation Online Pre-work & Case Tournament Introduction Interactive online knowledge sessions build on the simulation experience. Typical Know-how topics include assessing financial performance and the drivers of value. Participants in teams run a simulated corporation as its new executive team. The teams compete to execute strategy, drive KPIs and build value over several years. Feedback Sessions on simulation decisions and results during which real-life practices and issues are surfaced and team discuss the implications in context of their company's real world issues. Different theme for each simulation year. Fast-paced, experiential do-reflect-apply format Participants are provided with a copy of the simulation case study as well as interactive e-learning on financial acumen Introduction to the simulation experience is provided on the BTS Tournament Central website Knowledge Sessions Feedback Sessions Application Session Teams identify key learning points and discuss next steps for applying takeaways back on the job Follow-Up & Results 3-6 months after session follow-up and results measurement occurs; support tools are available START!
  • 9. Business Decisions & Feedback Teams will also make business decisions to create a go-to-market plan. Once the plan is created with all business areas addressed, it is submitted to the marketplace. Then, teams receive feedback on how they performed in the market and the impact on KPIs, growth and profitability.
  • 10. The Tournament Process PRACTICE ROUND Action Plan Pre-work & Case Study BTS Tournament Support Deadlines YEAR 1 YEAR 2 YEAR 3 YEAR 4 Deadline 1 Deadline 2 Deadline 3 Deadline 4 Deadline 5 Review Results Review Results Review Results Review Results The Tournament Experience Runs Over 10 Weeks Teams Spend 2-4 Hours Every Two Weeks on Their Decisions
  • 11. The Reward Division winners proceed to the Global BTS Semi-Finals Semi-Finalists compete for a spot in the BTS World Final in Cannes on the French Riviera for a Luxurious Award Ceremony 2008 Finalists : Accenture SKF Schenker
  • 12. BTS Virtual Tournaments Offerings Client Tournaments In-house closed tournaments Essentially, a 2-day BTS business acumen workshop conducted virtually over 4-6 weeks Includes coaching and facilitation by BTS consultants Employs a customized simulation or an existing industry simulation Examples: Cox, Cisco Systems, Honeywell, & Vodafone Sponsored Tournaments Tournament sponsored by an industry group or company Example: CTIA Wireless Industry Tournament
  • 13. BTS Client Tournaments Web-based workshops that are conducted virtually and combine synchronous and asynchronous learning Great in situations where the target audience is dispersed and/or travel is restricted For audiences of 100-1000+ within a company, business unit or department Teams can be collocated or virtual (i.e., multiple team members from various locations) High degree of facilitation, teamwork and discussion, making it the next best thing to a live on-site workshop
  • 14. Key Client Company Benefits Risk free environment to test & simulate strategies A proven way to develop management board dynamics Immediate results for precise action plans & follow up Skillful and motivated personnel to increase both revenue and profit External networking & benchmarking A deeper understanding of own and customers business Ideal tool for team building and virtual team Fast implementation & fast results
  • 15. BTS Tournament Client Statistics Pre-work & Case Study Business simulations compared to Other training methods in general? How important was the competition Aspect for your motivation and learning results? Would you personally like to participate again? Would you consider the training beneficial to other people in your organization as well? More effective Equally effective Less effective Increased motivation and improved learning results Not important Yes No Yes No 87% 11% 2% 5% 95% 100% 0% 4% 96%
  • 16. Why BTS? #1 in Providing Strategic Business Acumen Learning Initiatives Using Business Simulations for Companies Worldwide The world leader in online competitive business simulation tournaments with approximately 900 teams competing annually. Customized for a Variety of Business Objectives International Capabilities with a Global Reach Proven Track Record of Delivering Bottom-line Results