While increasing market share, you are now leveraging the power of economies of scale, and through that you are able to hire more PATs (production assembly teams) which helps lower those fixed costs. The initial key to beginning to increase market share is simply having good value for your entry-level and multi-featured cameras in relation to your competition. It is critical in Glo-Bus to have significant market share and making a decent profit at it. Increasing market share is a very gradual effort, the nature of the game does not allow quick and profitable ways to greatly increase a company’s standing over a round. Glo-Bus innately relies upon market sales, and therefore requires to have the most value for it’s products. But how does one attain net profit? In comparison to other such simulations such as Glo-Bus’s big brother, BSG, the ideas of expanding capacity, upgrading, and fancy private label strategies (It is called discount bids in Glo-Bus) is out of the question.
The foremost element that makes any company the best is net profit, which concludes that you are slanted to have a Earnings Per share (EPS), Return on Equity (RoE), Stock price, and credit rating.
Unfortunately, there is not just one thing, but a collaboration of many elements that turns a Glo-Bus company into a winner. The Postgraduate Institute of Management, the nation's management mentor, further strengthened its continued relationship with the Bank of Ceylon, the bankers to the nation, by initiated an advanced course in strategic management through Glo-Bus simulation for the bank's chief managers.ĭharmasiri, Director, PIM, Dr Samantha Rathnayake, Faculty Member/EDP Coordinator, PIM, Senior Officials and Participants of the BOC, at the programme initiation.Winning Glo-Bus! One of the most common questions amongst new Glo-Bus players is “what is the most” important thing to do in Glo-Bus that makes them win. The objective of the course was to enable the bank's senior managers to get hands-on experience on a structured approach to run a sustainable business venture. The five-month programme was designed to help participants gain a competitive advantage by enhancing their strategic thinking ability. The rigorous course structure includes regular lectures and class room discussions on strategy concepts, multiple case-studies on strategic applications and Global Business Simulation (Glo-bus) Strategy game, a world renowned business simulation programme. This is the only programme delivered in the whole of South East Asia. In a similar programme last year, a team of BOC's senior managers set a new global standard in the world championship round. A.K.L.Jayawardana, Senior Consultant, PIM, and specialist in Glo-bus Simulation, Dr.
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