Tactica a Success !

350 teams, > 1000 participants from top B Schools competing over 3 days.

Tactica was a success ! Nitin sent and email confirming that everything went well. I was impressed of how Tactica was organised in New Delhi, India by team spanning India, Brazil, Spain and Australia. Just getting the time zones right is a minor challenge. It is a mini lesson on how virtual teams can work effectively. More later.

A fresh experience

Tactica, the business strategy game from IIFT, gives a challenging and exciting experience. The simulation game deals with the nuances of everyday trade that happens around us every day. The Simulation replicates the real time scenario of procurement, inventory management and selling. The game generated lots of challenges and thinking when I played the test run of the simulation last week.

Every team has to invest in certain industry and trade in a particular product. The profits earned by the team in every quarter determines the share prices of the team and the team with the highest share price in the end, wins the game.

The game has been divided into 12 quarters and the manner which a team trades determines the share price. The game simulates a real time economy with variation in import export duties that varies the demand & supply of the product. The choice of industry, the product and the procurement is critical at the start of the game. The intricacies involved in setting the purchase price, the inventory management, the selling price and the competitors and their strategies are the key factors in the later part of the game.

The purchase price can be lowered or increased depending on the duties and other variables; the inventory is determined by the size of warehouse and the selling price. Additional investments in facilities likes 24/7 service and overnight delivery can increase the demand.

Overall the game generates lots of enthusiasm among the competitors and participants get the first hand experience of what trading would be in a real life scenario.

The Roadmap

The entire event would be carried out in three phases as follows :

Phase 1 : The Rehearsals

The first day would provide the participants an opportunity to get used to the game. A hands-on experience is essential to develop an understanding of the game and develop your own strategy. So give it a shot, try different things and see what works best for you. No need to worry, as this will just be a practice round and the scores will not be counted in the subsequent rounds.

Date : 12^th November, 2009

Phase 2 : Into The Battlefield

By now you would have a fair idea of the game and so we move on to the real battlefield where the teams would be tested for their business acumen. All the scores from the previous round will be reset, so that you make a fresh start. From now on, there is no turning back. The phase 2 will consist of two rounds and only the top 50 teams in terms of the cumulative scores of the two rounds make it to the next phase.

Dates:

1^st Round : 13^th November, 2009

2^nd Round: 14^th November, 2009

Phase 3: The Showdown

This is the final battle. The judgement day. The top 50 teams will fight against each other to establish their dominance and outperform others. This would be a fresh round and no scores from the previous rounds would be carried forward to this round.

Date: 15^th November, 2009

The final results will be displayed on the Quo Vadis website. The winners will be informed through email.

Tactica – The Business Strategy Game

Tactica – The Business Strategy Game

Tactica is an exciting online business strategy game that simulates the real world economy and tests you for your ‘Business Acumen’. The game allows you to step into the shoes of an entrepreneur bent on creating a corporation that will dominate the markets of the world.

It is a comprehensive test of various aspects of management that you learn at a B-school and provides you an opportunity to get a taste of the real world and apply all your theories of Economics, Finance,Trade, Marketing, Strategy as well as…Business Common Sense.

The game has been launched in the B-school fraternity with registration opening from 6th Nov 09 & closing down on 9th Nov 09.

The actual action begins on 12th Nov & will continue till 15th Nov 09.

Interview with Puneet Garg - Organiser Quo Vadis

Puneet has been working hard to get Quo Vadis off the ground. We asked him

BSG : How is Quo Vadis different from other business school games.

Puneet :......

The thinking behind using IndustryMasters for Quo Vadis

we are very exicted that IIFT has chosen....

IIFT Business School Games

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