Beefeater Restaurants Microworld
Where would I use Beefeater Restaurants?
A self-contained PC application, this software can be used by individuals or small teams. It plays out business performance over a time-scale that is long enough to experience the complexity of strategy and decision-making. Teams control strategy by making a small number of key decisions, and can progress through the simulation at their own pace, trying alternatives and saving scenarios.
The courses in which it may be useful are:
Strategy Dynamics courses - resource-building and attrition, with feedback
Strategy courses or workshops - basics of resource-based view of strategy (RBV) connecting resources and performance
Systems thinking courses or workshops - resource-building and feedback
The 'dynamic resource-system view' helps you to understand and manage the way in which a firm’s strategic resources build and decay, and combine together to determine its long-term performance. Managed well, this strategic architecture can grow and thrive. Managed badly, it will lurch from crisis to crisis, and ultimately into failure.
Also available as "White Label Restaurants".
