This writing assignment asks you to reflect on the Conscious Capitalism Marketplace Business Game Simulation....
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Accounting
This writing assignment asks you to reflect on the Conscious Capitalism Marketplace Business Game Simulation. Address the prompt with a letter to the Board of Directors. Use the elements of writing advantage and business communications and critical thinking skills as learned in this course.
Consider the following as components of your document:
1. Evaluate your companys overall simulation performance. How well did you consider issues of Corporate Social Responsibility (CSR) in your strategic decision making?
Profits
People
Planet
2. Lessons Learned
What went right in terms of strategy for Profits (manufacturing, marketing, sales, earnings), People (internal and external customers), and Planet (environmental and production sustainability)?
What went wrong right in terms of strategy for Profits (manufacturing, marketing, sales, earnings), People (internal and external customers), and Planet (environmental and production sustainability)?
What would you do differently to improve the company in terms of strategy for Profits (manufacturing, marketing, sales, earnings), People (internal and external customers), and Planet (environmental and production sustainability)?
ANSWER QUESTIONS WITH THESE RESULTS
Quarter 2
Quarter 3
Quarter 4
Quarter 5
EMPLOYEE SURVEY
Employee Survey
QUALITY INSPECTIONS
Bike frame
Carbon fiber material
Tires
Brakes
Gears
FOLLOW-UP STUDIES
Environmental Concerns
Quality Control
Employee Involvement
Production Efficiency
Good Neighbor
ENVIRONMENTAL CONCERNS
Retrofit production facility with system to collect, store, and dispose of all chemicals.
Separate employees from chemicals with respirators, protective clothing, and gloves.
Create a "clean room" production facility by controlling the airflow with a super clean, reverse-flow, air ventilation and filtration system.
Place air-filtering plants throughout the production facility.
Join a producer consortium to develop economical and environmentally friendly ways to recycle carbon fiber products.
WORKER TRAINING
Cross-train employees to work on multiple tasks within their department.
Train employees to help with departmental planning, including issues related to workflow, equipment, materials, job assignments, vacation scheduling, etc.
Schedule time for department planning with coworkers and supervisors.
Develop teamwork skills, including interpersonal, communication, and negotiation skills.
QUALITY CONTROL
Set up a statistical process control (SPC) program to monitor all materials, parts and manufactured components.
Train operators to detect errors and adjust machines so they produce within tolerance.
SUPPLIER RELATIONSHIPS
Measure and reward purchasing agents on both the cost and quality of incoming materials, parts, and services.
Work with suppliers to launch and maintain their own quality improvement programs.
HEALTH
Provide fitness center for employees.
Provide daycare services for employees.
Setup and run a health clinic that includes general practitioners plus a few specialists for employees only.
Setup and run a health clinic that includes general practitioners plus a few specialists for the immediate families of employees.
GOOD NEIGHBOR
Set up a grant program to supplement the learning experiences at local schools.
Provide seed money to create a technical training school and recruit its students as employees.
Help to create bike trails that connect the residential areas, community center and the industrial section where the production facility is located.
Help to create a series of parks throughout the community, but first near the production facility.
Work with local officials to expand and repave the stretch of road from the apartment complexes to the production facility.