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Cesim Firm ESG icon
General Business Management Simulation

Cesim Firm increases the participants awareness and capability of operating a company from a general management perspective in a competitive environment.

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Cases:

Pharmaceutical
Pharmaceuticals
Building materials
Building materials
Subtitles available (CC)

Guide book CTA Firm

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Cesim Firm.

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Demo CTA Firm

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Introduction to
Cesim Firm.

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Focus:

Business management, planning and forecasting, demand and cost management, investment appraisal, competition, financial budgeting and planning.

Used in:

Business skills courses for non-business majors, introductory courses for business majors, business acumen courses at corporate in-house programs.

Case scenario:

Participants manage a manufacturing company with international operations. There are up to three market areas and two production areas available. 

Participant tasks:

Teams will develop and execute strategies for their simulated company while taking into consideration the customer behavior, cost structures, and currency fluctuations in the different markets.

Decisions include promotion, pricing, and quality control across products and customer segments, production location cost advantages, investment appraisal, capital vs. labor assessment, financing decisions, demand estimations and budgeting.

ESG module:

The simulation includes environmental, social and governance decisions as part of the core business strategy. With fully integrated ESG
decisions, teams can incorporate sustainable development goals into their strategy while improving financial performance and delivering value for all
stakeholders.

A key aspect of the ESG implementation in the simulation is to highlight sustainability and corporate responsibility decisions as fundamental part of the strategy and operations, not as a separate policy.

Key learning areas:

The simulation integrates a range of concepts from various management related disciplines, including marketing, production, logistics, and financial decision-making. In addition, it links the organization to the wider context of business world and stakeholders.

Key success factors:

Successful strategy creation and implementation in competitive environment. Accurate sales forecasting and planning. Design and execution of cost-effective production and logistics operations in cross-border  setting. Precise financial planning, analytical approach to decision-making, and good teamwork.

Success is measured by both operational and financial key indicators, including capacity utilization rates,  market shares, net profit, return on capital, and earnings per share. 

Expected outcome:

As a result of playing Cesim Firm participants will improve their understanding of operating a company from a general management perspective and develop market- and value-driven approach to decision making. They will improve their capability to interpret and forecast market situations and translate them into goal-oriented decisions. 

Cesim Firm also enhances fact-based analytical decision making by linking decisions to cash flows and bottom line performance.

Adaptability:

Cesim Firm offers powerful user-level customizability and modularity options that allow it to be adjusted for different target groups and experience levels. In addition, the system permits the instructors to create and modify their own cases with personalized market outlooks and storyline.

Available languages:

English, French, German, Italian, Lithuanian, Mandarin Chinese, Portuguese, Turkish.

Our holistic simulations portfolio

Title underline

Global Challenge
Business Strategy for Capstone

Cesim Marketing
Product marketing

Cesim Connect
Service marketing

Cesim Retail
Retail marketing

Cesim Firm
General management

Cesim Service
Small business management

Cesim Project
Project management

Cesim Analyics
Marketing analytics

Cesim Hospitality
Service operations management

logo_cesim_bank
Banking management

Cesim Power
Utility management

Cesim Human Resources
Strategic Human Resource Management

Cesim Dealership
Automotive Dealership & Business Management

Our microsimulations portfolio

Title underline

Business basics
Local Business

Design thinking
Design Thinking

Innovation
Innovation

Ecommerce
Ecommerce

IT management
IT Management

Accounting
Accounting

CVP Analysis
CVP Analysis

Financial Analysis
Financial Analysis

Capital Budgeting
Capital Budgeting

Investment Portfolio Management
Investment Portfolio Management

Mergers
Mergers & Acquisition

Ordering
Ordering Basics

Logistics
Logistics

Value Chain
Value Chain

Pricing
Pricing

Promotions
Promotions & Segments

Positioning
Segmentation, Targeting & Positioning

Sales Management
Sales Management / Sales & Targets

Consumer behaviour
Product & Consumer Behaviour

Negotiation
Customer Relationship Management

HR planning
Human Resources Planning

Change Management
Change management