Login Email

Go To Websitehttpshbspharvardeduimport789079login Emailemail

Go to website: Login email: [email protected] Password: Hitman122# Below where it says “Simulation Strategic Innovation Simulation: Back Bay Battery v3†Click on “Run simulation†Complete the Strategic Innovation Simulation: Back Bay Battery simulation on the website. Make sure to complete the simulation for the years 3 thru 10. To submit, enter the correct numbers and enter the strategy where it says “Describe your strategy here†in the box at the bottom of the decide page, then submit decisions. Each time you press submit decisions, it will forward you to the next year. You will see where it says the year at the upper top right corner of the simulation.

After submitting online, submit word document along with the strategies that was used for each year that was submitted on the site as the answer in order to get paid for question. If you have additional questions, let me know. Thank you.

Paper For Above instruction

Introduction

The purpose of this assignment is to engage with a strategic simulation exercise available on the Harvard Business School platform, specifically the "Back Bay Battery" simulation. Students are required to complete the simulation from year 3 through year 10, make decisions based on strategic considerations, and document their strategies for each year. This practical exercise aims to develop decision-making skills in a competitive business environment, emphasizing strategic innovation, resource allocation, and adaptive strategies over multiple periods.

Understanding the Simulation

The "Back Bay Battery" simulation is a business strategy game that mimics real-world market dynamics in the energy storage industry. Participants assume the role of a strategic decision-maker for a hypothetical battery manufacturing company, tasked with managing operations, investments, technology adoption, marketing, and financial decisions across a decade of simulated time. The simulation challenges players to analyze market conditions, anticipate competitor moves, and adapt strategies to maximize firm value and market share.

Preparation and Setup

Prior to engaging with the simulation, students should familiarize themselves with the simulation interface and instructions. The platform requires logging in with a provided email and password, after which students must locate the specific simulation scenario titled “Strategic Innovation Simulation: Back Bay Battery v3.” Once located, students should click “Run simulation” to begin. Throughout the process, decisions must be entered into designated fields, including quantitative data and strategic descriptions in the specified text box.

Executing the Simulation

The simulation spans several years, but for this assignment, students need only complete the process from year 3 through year 10. For each year:

  • Review the current market and company status.
  • Input the appropriate numerical decisions, such as production volume, R&D investments, marketing expenditures, and pricing.
  • Describe the overarching strategy in the designated text box labeled “Describe your strategy here.”
  • Submit decisions to advance to the next year.

It is crucial to ensure that decisions are carefully considered to reflect strategic intent, balancing investment with expected market responses.

Submission Requirements

After completing the simulation, students must:

  1. Record all decision data entered each year, including the numerical values and strategic descriptions.
  2. Compile these into a Word document, clearly organized by year, with details of the strategies employed.
  3. Submit the Word document as part of the assignment submission for grading and payment.

Students should also ensure they retain a copy of the simulation results and their decision logs for reference and review.

Conclusion

This simulation exercise offers a practical experience in strategic decision-making in dynamic environments. By documenting strategies annually and analyzing outcomes, students will enhance their understanding of how strategic innovation and operational decisions influence firm performance over time. Success in this task depends on a thorough understanding of market conditions, competitor behavior, and internal capabilities, emphasizing the importance of adaptive strategies in business.

References

  1. Barney, J. B., & Hesterly, W. S. (2015). Strategic Management and Competitive Advantage: Concepts and Cases. Pearson.
  2. Grant, R. M. (2019). Contemporary Strategy Analysis. Wiley.
  3. Porter, M. E. (1985). Competitive advantage. Free Press.
  4. Kaplan, R. S., & Norton, D. P. (1996). The Balanced Scorecard: Translating Strategy into Action. Harvard Business Review Press.
  5. Osterwalder, A., & Pigneur, Y. (2010). Business Model Generation. Wiley.
  6. Teaching, H. B. S. (n.d.). Back Bay Battery Simulation. Harvard Business School Publishing.
  7. Johnson, G., Scholes, K., & Whittington, R. (2017). Exploring Corporate Strategy. Pearson.
  8. Christensen, C. M. (1997). The Innovator’s Dilemma. Harvard Business Review Press.
  9. Rothaermel, F. T. (2020). Strategic Management. McGraw-Hill Education.
  10. Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2017). Strategic Management: Concepts and Cases. Cengage Learning.

Related Assignments