CAPSIM Foundation

Traditional business study would teach you based on theories and cases that inevitably make you miss out an important aspect of doing business, the real dynamic competitive environments. Working on Capstone brought me a much more complete perspective on this aspect as we not only need to plan our business to make it function properly, but we also need to proactively do business under intense competition in turbulent business environments created by other teams of competitor.

The CAPSIM GlobalDNA Simulation program was a highlight when I summarise my educational experience. It was a real-world experience that benefited me in my career immensely as it involved working as a team from different backgrounds and utilising each other’s strengths and moderate each other’s weaknesses to best achieve an optimal result. It truly is a great tool if used right and a very challenging but rewarding journey to be exposed to.

I have participated in CAPSIM Foundation Simulation two times. The first one was as a group project with my classmates during my MBA course and our team was the best-performing team among all teams. The second one was as an individual competitor in the 2016 Spring CAPSIM Simulation Challenge, of which I was ranked 21^st with Balanced Scorecard score of 871. The simulation was an exciting and interesting challenge for me and I got so many experiences. It does not only gave me an experience for the whole business with a bird-eye view, but also made me balance a company with different important sections. Therefore, participating in the simulation and the CAPSIM Challenge were one of the great experiences for business development and it gave me both theoretical knowledge and practical experiences

The experience of getting to work with simulation has been top notch experience for me in my MBA program. The best thing about simulation is that it gives me the bird eye vision of the businesses that I am managing now. It helps me see how the departments are interconnected and how to manage the different departments in different financial situations. It not only helps me see how to grow in profitable business but also helps me in controlling the risk in losing business as well.

Using CAPSIM GlobalDNA simulation helps me gain concrete knowledge of business strategies. Strategic principles of simulation have shown me the relationships among products, pricing, and demands. I realized the importance of systematic inventory control method to manage cash flows and cost management. I have applied what I learned from the simulation and it has helped me achieve profit growth in my business.