Virtual Management Experience

The goal of this learning program is to practice management skills. They are comprised of important soft skills and a holistic understanding of up-to-date management concepts. The TOPSIM General Management Simulation will serve as a stage to gain business acumen, strategic decision making ability and leadership experiences. The participants will make up the management board of an enterprise having to go through dramatic changes in a highly competitive environment. The simulation will put the learners into very realistic situations to be faced by top-management yet within a much shorter time period. This method can be compared to a flight-simulator in the education of a pilot. Participants will have to demonstrate their ability to apply concepts to challenges posed upon them by the simulation. The best way for students to acquire business acumen, strategic decision making ability, analyzing financial reports/data and leadership skills is to go through a simulated real-life situation wherein students are required apply their knowledge and their know-how in a simulated environment. Tasks and responsibilities are to be shared by the team members to come up with the right decisions on time in an uncertain environment. Motivation, delegation and conflict management are among the vital skills to be trained by this form of action learning. The potentials of self- and team-management concepts will be experienced. After every quarter the simulation will be stopped. Team processes and the quality of the decisions will be analysed. The TOPSIM - General Management workshop is conducted by an instructor who is responsible for introducing the case study, generating results and debriefing participants. This enables participants to retain knowledge through an engaging and fun process. Two days will be enough time to simulate 4 to 6 periods/years of business. Intensive team feedbacks will give everyone valuable insights into the perception of their leadership by others. Frequent presentations and negotiations will further train communication skills. This is a very dynamic, decision-focussed approach on teaching vital personnel and professional skills for business leaders. It is very demanding for the learner. Yet it is well suited to acquire the different kinds of knowledge: know-what, know-how, know-why and care-why.

Learning Objectives Acquire an understanding of the links between core business functions and gain insight into the challenges faced in driving results in an organization. Understand the financial implications of decisions taken in all the functional areas of an organization. Analyze financial data in different economic environments and explore its impact on day to-day decisions. Formulate and execute cutting-edge strategy to identify problems, evaluate potential risks, adapt to change and maximize profitability. Develop, manage and extract value as a team to reflect knowledge, capabilities and confidence amidst competitive and operational pressures, formidable challenges and new risks. A Typical 2-Day Agenda
Day 1 0900 - 1030 1030 - 1115 1115 - 1130 1130 1200 1200 1300 1300 - 1400 1400 - 1430 1430 - 1545 1545 - 1600 1600 - 1630 1630 - 1715 1715 - 1730 1730 - 1830 1830 - 1845 Introduction to the workshop and TOPSIM Theory/Activity - Vision Break Period 1 / Discussions Decisions for Period 1 Break Debrief for Period 1 Period 2 Break Debrief for Period 2 Theory/Activity - Planning Break Period 3 Q&A Day 2 Theory/Activity - Vision Debrief for Period 3 Recap of Periods Period 4 Debrief for Period 4 Period 5 Debrief for Period 5 Period 6 Final Debrief Q&A

Who needs to be there?

Students of IBS

Workshop Fee
INR 3,000 plus service tax per participant for a 2-day workshop Fee includes a 2-day software license fee, facilitator fee, participant manuals and certificates issued by Tata Interactive Systems A minimum of 20 students would need to register for this workshop A maximum of 25 students can be registered for a workshop The infrastructure support and arrangements will be done by IBS. The infrastructure requirements for the venue are attached as a separate annexure. TIS will not bear the cost of the infrastructure for the 2-day workshop.

TATA Interactive Systems A Division of Tata Industries Limited Leela Business Park, Andheri Kurla Road, Andheri East, Mumbai 400059 Tel: 91 22 66438000