Board Process Simulation: BigFish (B) – Directors’ ProfilesÂ Case Solution
This case is aboutÂ Strategy
published: 21 Apr 2017
In this role-play simulation, a group of as much as 9 individuals serve as the board of directors of a privately-owned fishing business. The board needs to deciding about (1) a management proposition to obtain processing centers in a foreign nation, (2) a change to the CEO’s reimbursement bundle asked for by the CEO complying with the substantial devaluation of regional currency. The board includes 3 kinds of directors– associated (the two investors and an agent of the bank-creditor), executive (CEO and CFO), and independent directors (consisting of the chairman)– in addition to 3 committees tasked with Method & Investments, Election & Reimbursement, and Audit.
– To experience genuine characteristics of the board of directors – To comprehend a systemic nature of board-shareholders and boards and boards- stakeholders’ romantic relationships – To discover how to work together with individuals with various backgrounds and programs – To practice functions of reliable directors: specialist, strategist, team player, coach, owner, facilitator – To examine the individual inspiration and ability needed to become a reliable board member