Board Process Simulation: BigFish (A) Case Solution
Abstract:
In this role-play simulation, a group of approximately 9 individuals serve as the board of directors of a privately-owned fishing business. The board needs to deciding about (1) a marketing proposition to get processing centers in a foreign nation, (2) a change to the CEO's reimbursement bundle asked for by the CEO following the substantial devaluation of regional currency. The board includes 3 kinds of directors-- associated (the two investors and an agent of the bank-creditor), executive (CEO and CFO), and independent directors (consisting of the chairman)-- in addition to 3 committees in charge of Technique & Investments, Election & Reimbursement, and Audit.
Pedagogical Goals:
- To experience genuine characteristics of the board of directors - To comprehend a systemic nature of board-shareholders and boards and boards- stakeholders' relationships - To discover how to team up with individuals with various backgrounds and programs - To practice functions of efficient directors: specialist, strategist, team player, coach, owner, facilitator - To examine the individual inspiration and ability needed to become a reliable board member
This is just an excerpt. This case is about Strategy
published: 21 Apr 2017
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