LoFare Airlines Microworld
Where would I use LoFare Airlines?
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 they can progress through the simulation at their own pace, trying alternatives and saving scenarios.
The game is best used by teams of no more than 5 people in break-out rooms, but short games can also be used by smaller teams (3 is ideal) within a larger class-room. Teams dispersed over different locations can play the game together by using conferencing systems that enable screen-sharing, such as Microsoft LiveMeeting and Skype.
The courses in which it may be useful are:
Strategy Dynamics courses - resource growth, losses and interdependence, leading to a 'strategic architecture' of the whole business
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.
