Time:  96 hours/5 months - you work on Virtual World Business 

The Startup - Conscious Capital Skills PCs challenges you to operate a conscious business in contrast to the traditional profit-maximizing business paradigm. you in the virtual World must consider all of the firm’s stakeholders, including customers, stockholders, employees, suppliers, and the community. You must deal with ethical, environmental, and sustainability issues in addition to the usual management challenges of running a business.  

While participants encounter the challenges of starting up a fully-functioning entrepreneurial firm, You are also exposed to the tensions underlying Conscious Capital, including employee morale, reputation, product reliability, as well as environmental and health concerns. The Conscious Capital problems and opportunities are presented within the context of a new enterprise with demands on your time, attention, talent, spirit, resources, and livelihood. These Conscious Capital issues represent dilemmas to be resolved, starting slowly and growing as the business matures. 

Participants must choose between the path of least resistance or working hard to build a conscious business.

You take one of the roles play: 

Content

• Business Strategy
• Product Marketing
• Sales Channel
• Financial Management
• Human Resources
• Sustainable Production

Conquering market shares of the 4 largest markets

Business scenario

You are provided with the virtual seed capital of US$4 million to start up your business. You have limited financial resources and complete accounting responsibility. You build a factory, open up distribution channels, design brands, as well as advertising and web marketing campaigns. You hire workers and decide on the compensation packages, deal with demand projections and the basic concepts of production scheduling. After several quarters in business, your Your firms can receive additional virtual fund of US$4 million from the Venture Capitalists. You can invest this money in new R&D, bring out improved products, and expand your distribution and production capacity in order to maximize your business performance. You have to carefully study and track economic conditions around the world and project your impact on the markets in which you compete. Market potential will rise and fall according to worldwide economic conditions.

Each team is provided with the virtual seed capital:

Outcome: become a profitable conscious business that aligns and harmonizes the interests of employees, customers, suppliers, the community, and shareholders based on the balanced scorecard

Target courses

• Green Management, Energy, and Corporate Social Responsibility
• Sustainable Global Enterprise
• Environmental Management for Business
• Sustainable Management
• International Development (Environment, Sustainability)
• Ethics and Corporate Responsibility
• Business Ethics

Time frame: 6 decision rounds/quarters, with each round taking 8 hours per learner

Copyrighted in its entirety, Ernest R. Cadotte