Navisimdata sheet

Pedagogy

Pedagogical model Learning Learning cycle in 5 steps :
  • Situation analysis
  • Mention of possible scenarios
  • Decision-making
  • Analysis of results
  • Modeling the behavior of companies
Iterations The learning cycle is repeated several times to consolidate the gains :
  • One or two test periods
  • From 5 to 10 simulation periods
Collaboration Each company is managed by a team that takes collective decisions.
Competition NaviSim creates a virtual market where companies compete directly. The decisions of a company directly affect the performance of its competitors.
Economic sector Industry Line shipping
Company Operations depend on the strategy :
  • Standard ships
  • Reefers ships
  • Stevedoring (gantry cranes)
  • Shipping agency
Localization Headquarters in New York (USA). American accounting.
Verisimilitude Good representation of the operations of a shipowner. However, to foster teamwork and achieve the objectives of the course, some differences exist in relation to reality.
Content Level University
Course Introduction to business strategy
Topics Strategic diagnosis (environment, strategic capacity), strategic choices (buisness level strategies, strategies by sector of activity, international strategies, innovation strategies) and strategic deployment (strategic processes, strategies and organization, strategic levers).
Decisions In NaviSim, decisions are few (30 to 100) but their complexity is high :
  • Statement of strategic intent
  • Strategic alliance
  • Maintenance of the fleet
  • Marketing (advertising, price, purchase of market research)
  • Choice of innovation projects
  • Investments
  • Purchase of fixed assets (ships and cranes)
  • Ships rental
  • Selection of maritime routes
  • Upstream vertical integration (stevedoring)
  • Downstream vertical integration (agencies)
Class organization Number of teams From 5 to 10 teams
Number of participants From 3 to 12 participants per team
Roles of the instructor Before the start of the simulation The instructor must :
  • Plan the calendar of the exercise
  • Select the display settings (optional)
  • Present the simulation to participants (PowerPoint file available)
During the simulation The instructor must :
  • Present an analysis of each simulation period (PowerPoint available)
  • Supervise team work
  • Change the display settings (optional)
After the simulation The instructor must :
  • Animate the plenary (PowerPoint file available)
  • Evaluate participants (various tools are available)
Communication Companies list Up-to-date list of all companies in the simulation and participants from each company :
  • Allow you to send an individual message to each participant
  • Allow you to send a message to all members of a team
  • Allow you to send a message to all participants of a class (instructor only)
Alert Message that the instructor can send at any time and that will appear the next time each participant will connect to the site (each alert appears only once).

Motivation of participants

Podium Content Ranking of companies in a simulation according to five criteria :
  • Market share
  • Ship filling rate
  • Age of the fleet
  • Books share value
  • Stock market share value
Periodicity A podium is generated for each simulation period.
Standings Content Ranking of all teams that participate in NaviSim during the same academic year. It is possible to search the results database.
Periodicity This ranking is updated daily.
Certificate Content Personalized certificate in PDF format, e-mailed or delivered to participants in class.
Periodicity At the end of the simulation.

Documentation

Online help Content Includes all documentation about the simulation:
  • Express start
  • Objectives
  • Portal
  • Environment and industry
  • Company
  • Analysis of results
  • Decision-making
  • References
  • Glossaries
Format
  • Separate software (search through the table of contents, index or keyword)
  • PDF file
    • Participant version : 192 pages
    • Instructor version : 225 pages
Contextual help Content Icon next to all decisions to be taken by participants.
Format Direct link to online help.
Calculators Content Presentation of the financial model behind the simulation.
Format EXCEL file.
Work plan Content Plan that presents the ordered tasks that participants must complete for each period of the simulation.
Format The work plan provides access to the proper document or form. A check mark indicates the progress of participants.
Calendar Content Schedule which specifies decisions deadline.
Format
  • The next decision appears in the work plan.
  • The complete calendar of the simulation is available in the tools.
Instructors Content Material for instructors:
  • Special version of the online help
  • Special version of the reports
  • Introduction to simulation (PowerPoint)
  • Conclusion of the simulation (PowerPoint)
Format Participants do not have access to these documents.

Companies results

Dashboard Content Summary of a company performance in the form of coefficients :
  • Podium
  • Sales - Standard
  • Sales - Refrigerated
  • Financial ratios
Format Graphic
News Content Text published each simulation period that discusses the most significant events.
Format Automatically writed text in the form of industry newspaper.
SWOT Content Summary of strategic analysis for each company :
  • Environmental scan : opportunities and threats
  • Analysis of the strategic capacity : strengths and weaknesses
Format Published as a bulleted list.
Strategic coherence Content Analysis of business decisions following the annual statement of strategic intent to address inconsistencies. A score of 100 points is assigned to each team. The goal is to help participants mastering the strategic terminology.
Format Published as lists.
Reports Content Main data tables to interpret the financial position of a company :
  • Financial statements
  • Cost per maritime route
  • Cost per division
  • Ship list
  • Market price
  • Industrial and economic statistics
Format Excel or HTML files.
Market research Content Comparative analysis of the situation of competitors in the industry. Purchasing these reports is optional.
  • Routes : standard and refrigerated
  • Maritime agencies
  • Stevedores
  • Demand : standard and refrigerated
  • Unmet demand : standard and refrigerated
  • Customers : standard and refrigerated
  • Changes in demand
  • Demand forecast : standard and refrigerated
Format EXCEL and HTML files.
Decisions history Content To better interpret the changes of decisions, the software presents a comparison of decisions of the last two periods.
Format EXCEL and HTML files.

Evaluation of participants

Logbook Content Writing a text that explains the decisions of a team and describes the dynamics of team work.
Format
  • Alone or in team
  • Texts written on the site of the simulation or copied from a text editor
  • Online correction by the instructor and automated compilation of the results
Use Can be used for each simulation period, at the discretion of the instructor.
Skills questionnaire Content Multiple-choice questions that connect with the theoretical concepts. Participants answer online.
Format
  • 60 questions covering the course material
  • It is possible to select a sample of questions or to add new ones if necessary
  • The question order is different for each participant to discourage plagiarism
  • Timed questionnaire
  • Automatic correction of the questionnaire and compilation of participants results
Use Usually at the end of the simulation, after the plenary.
Collaborative work Content Questionnaire on the contribution of each member to team effort. Participants evaluates themselves, their colleagues and the overall performance of their team.
Format
  • 13 questions to answer on a scale from 1 to 5
  • Automatic results compilation
Use Many instructors use this questionnaire in a timely manner when they perceive difficulties in teamwork.
Financial performance of companies Content The key to financial performance is the unit share value of each company.
Format The share value appears in the podium for each simulation period (dashboard)
Use Many instructors assign a score based on business performance at the end of the simulation.
Site metric Content The number of participants "clicks" is compiled for each simulation period.
Format
  • Instructors have access to a summary table of the number of "clicks"
  • Instructors can assign a score on the site
  • The compilation of scores is automated
Use The score is usually attributed at the end of the simulation.

Technologies

Web platform Language Java (object-oriented computer programming).
Web browsers Optimized for the following browsers :
  • Internet Explorer 7 and above
  • Firefox 2 and above
  • Google Chrome
Accessibility 24 hours a day / 365 days a year
Deployment Simulation Each group has its own version of the software that is deployed for the duration of the exercise.
Versions Each deployment has two versions :
  • One available to participants
  • One available to the instructor
Synchronization NaviSim is asynchronous, meaning that the decisions of a team have no immediate effect on other teams. The synchronization is done at the time specified by the instructor (period closing). However, when students choose a market, they have a synchronous view of intentions stated by competitors. This information is constantly updated until the end of the period.
Registration and licensing Registration Each participant individually registers to the simulation using one of the following modes :
  • Purchase of a schoolbook that contains access rights
  • Electronic online payment
  • Use of a group access code
Licence There is no limit to the use of the website during the simulation (reading, printing, etc.). Access rights are terminated when the simulation ends.
Technical support Participants Praxem provides direct support to participants for website access problems (such as password loss).
Instructors Praxem provides direct support to instructors for technical or pedagogic questions.