February 2011

Competitive Strategy Game: Week 4

February 24, 2011

(Orlando, Florida) Mickey, cast a spell and dissolve my worries away. Week 4 Updates from the previous week, we sold off all of the productions and netted some profits. But considering that we sold out, there’s the unfortunate hindsight that we are charging too low and do not command enough market share. So, the challenge [...]

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Revaluating Failure

February 23, 2011

(Los Angeles, California) Still waiting to climb up. How many times did you fail before? Let’s be honest and say plenty of times. But, failing isn’t a bad thing if there’s a lesson to be learn from it. What is important is to reflect on the mistake, analyze it and look at how it went [...]

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21st Asia Business Conference 2011

February 19, 2011

The Asia Business Conference concluded about two weeks ago. Yesterday was our post-event celebration party. The conference was a pretty good considering our limited resources and time. I learned a lot through this conference planning. I was in the Operations, meaning that I have to handle the behind the scenes planning. I’ll list down what [...]

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Competitive Strategy Game: Week 3

February 18, 2011

(Miami, Florida) Too many competitors fighting for a piece of the pie. Week 3 The result of Week 2 was out, the price we charged in Market A was about 25% high than our closest competitor. They undercut us and produce more beyond their capacity, resulting in us losing some sales and storing some in [...]

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Competitive Strategy Game: Week 1 & 2

February 11, 2011

(Orlando, Florida) Fiery explosion of spectacular performance I am currently enrolled in a Competitive Strategy Game by Haas Business School. It was created by Severin Borenstein, my professor’s thesis advisor. He was very enthusiastic  about this game, and I can’t see why not. The game mimics real situation where firms only know about their production [...]

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