The browser-based IndustryMasters product is a range of business simulation games that allows students, business people and others to sharpen their entrepreneurial and strategic management skills by building their own company and competing in real-time against each other
IndustryMasters is available in several editions, which are customized for usage either in corporate learning, in MBA programs, colleges or for training people without a business background. Participants can play individually or with a team to develop a strategy, undertake an entrepreneurial start-up and compete with each other in a real-time multi-player competition.
The IndustryPlayer Legacy: IndustryPlayer was the forerunner of the webserver-based version IndustryMasters - both business simulation games, -multiplayer on-line business strategy games based on a simulation of real world economy, originally developed by Tycoon Sistemas Limitada of Brazil. Tycoon Sistemas Ltda and Tycoon Systems Inc were eventually succeeded by IndustryMasters Limited.
IndustryPlayer participants took the role of an entrepreneur and competed with each other in real-time for market leadership and shareholder value. The game allowed university students, business professionals and others to attempt to engineer a successful corporate environment. Participants could log into the Web-based tool to play individually or in groups and get an evaluation of their performance.
The game included a real-time corporate accounting system, industry analysis tools, and scoring and debriefing features.
IndustryPlayer Classic, the download version for use with Windows, simulated aspects of entrepreneurship: from strategy, investment and finance to the interactions with competitors, workforce, consumers, banks and the environment (CSR, Carbon Footprint).
"Serious games can be powerful educational tools, allowing users to experiment, learn from their mistakes and safely experience risky or dangerous situations.... Examples of serious games include IndustryPlayer, a business simulation based on real-world data ..."[1]
IndustryMasters and Tycoon Systems Ltd have been selected for the past five years (2006–2010) to run "Mousetrap" a major IIMA Confluence Event[2][3][4] run at the Indian Institute of Management, Ahmedabad (IIMA).[5] The annual "Mousetrap" competition uses the IndustryMasters game to allow 1,800 students in 600 teams of 3 people compete for virtual market dominance.
MicroProse is an American video game publisher and developer founded by Bill Stealey and Sid Meier in 1982. It developed and published numerous games, including starting the Civilization and X-COM series. Most of their internally developed titles were vehicle simulation and strategy games.
A simulation video game describes a diverse super-category of video games, generally designed to closely simulate real world activities.
Transport Tycoon is a video game designed and programmed by Chris Sawyer, and published by MicroProse in 1994. It is a business simulation game, presented in an isometric view in 2D with graphics by Simon Foster, in which the player acts as an entrepreneur in control of a transport company, and can compete against rival companies to make as much profit as possible by transporting passengers and various goods by road, rail, sea and air.
Indian Institute of Management Ahmedabad is a business school located in Ahmedabad, Gujarat, India. The school has been accorded the status of an Institute of National Importance by Ministry of Human Resources, Government of India in 2017.
A train simulator is a computer based simulation of rail transport operations. They are generally large complicated software packages modeling a 3D virtual reality world implemented both as commercial trainers, and consumer computer game software with 'play modes' which lets the user interact by stepping inside the virtual world. Because of the near view modeling, often at speed, train simulator software is generally far more complicated and difficult software to write and implement than flight simulator programs.
Micromanagement in gaming is the handling of detailed gameplay elements by the player. It appears in a wide range of games and genres, including strategy video games, construction and management simulations, and pet-raising simulations. Micromanagement has been perceived in different ways by game designers and players for many years: some perceive it as a useful addition to games that adds options and technique to the gameplay, something that is necessary if the game is to support top-level competitions; some enjoy opportunities to use tactical skill in strategic games; others regard it as an unwelcome distraction from higher levels of strategic thinking and dislike having to do a lot of detailed work. Some developers attempt to minimize micromanagement in a game's interface for this reason.
Coimbatore Krishnarao Prahalad was a corporate and social strategist, educator and author. He was the Paul and Ruth McCracken Distinguished University Professor of Corporate Strategy at the University of Michigan Stephen M. Ross School of Business.
The Corporate Machine is a business simulation computer game from Stardock in which the goal is to create a corporation in one of four industries and eventually dominate rival companies. To win the player must dominate the chosen market. The Corporate Machine is a follow up to the game Business Tycoon, which was itself a sequel to the game Entrepreneur, all developed by Stardock.
Railroad Tycoon II is a train and business simulation video game for Microsoft Windows, Mac OS, PlayStation and Dreamcast in the Railroad Tycoon series. The Dreamcast version is a Gold Edition with improved graphics and gameplay. Railroad Tycoon II: Gold Edition was ported to Linux by Loki Software.
SDA Bocconi School of Management is the graduate business school of Bocconi University. SDA Bocconi offers executive, custom and MBA programs, as well as specialized masters, and regularly takes on research projects on commission. SDA Bocconi School of Management also has an offshore presence in Mumbai, India called the SDA Bocconi Asia Center.
Fast Food Tycoon, also known as Pizza Syndicate in Europe, is an economical simulation computer game released in 1999 by Software 2000, and licensed to Activision Value Publishing. Similar to Pizza Tycoon, Fast Food Tycoon is centered on the object of creating and managing a successful pizza restaurant-chain business. The series spawned a sequel, Fast Food Tycoon 2. It also received an expansion pack, Mehr Biss, which was released only in German.
Business simulation is simulation used for business training, education or analysis. It can be scenario-based or numeric-based.
Business simulation games, also known as economic simulation games or tycoon games, are games that focus on the management of economic processes, usually in the form of a business. Pure business simulations have been described as construction and management simulations without a construction element, and can thus be called management simulations. Indeed, micromanagement is often emphasized in these kinds of games. They are essentially numeric, but try to hold the player's attention by using creative graphics. The interest in these games lies in accurate simulation of real-world events using algorithms, as well as the close tying of players' actions to expected or plausible consequences and outcomes. An important facet of economic simulations is the emergence of artificial systems, gameplay and structures.
Sid Meier's Railroads! is a business simulation game developed by Firaxis Games on the Gamebryo game engine that was released in October 2006 and is the sequel to Railroad Tycoon 3. Although Sid Meier created the original Railroad Tycoon, subsequent versions were developed by PopTop Software. Railroads! was the first game in the series since the original to have direct input from Sid Meier himself. After a visit to Miniatur Wunderland in Hamburg, Germany, Meier was inspired to reinvent his original creation. A version for the Mac OS X was published by Feral Interactive on November 1, 2012, under the latter's Feral Legends label.
Sid Meier's Railroad Tycoon is a business simulation designed by Sid Meier. The game is the first in the Railroad Tycoon series.
Construction and management simulation (CMS), sometimes also called management sim or building sim, is a subgenre of simulation game in which players build, expand or manage fictional communities or projects with limited resources. Strategy video games sometimes incorporate CMS aspects into their game economy, as players must manage resources while expanding their project. Pure CMS games differ from strategy games, however, in that "the player's goal is not to defeat an enemy, but to build something within the context of an ongoing process." Games in this category are sometimes also called "management games".
Business war gaming or business wargaming is an adaptation of the art of simulating moves and counter-moves in a commercial setting. In a complex global and competitive world, formulating a plan without testing it against likely external reactions is the equivalent of walking into a battlefield without the right weapons or a plan to win. In situations where the cost of being wrong is high, war games can be very helpful to understand from a 360-degree perspective the external opportunities and challenges of all the key stakeholders in the industry.
Intaglio is the annual international Business school summit hosted by Indian Institute of Management Calcutta. The flagship event of IIM-C, it was started in 1989 as the National Business School Meet (NBSM). Intaglio, traditionally held over a 3-day weekend in December, serves as a platform facilitating the interaction of eminent personalities from the industry, academia, media and government, holding conferences, workshops and seminars by experts in different fields on a wide range of topics.
In business, training simulation is a virtual medium through which various types of skills can be acquired. Training simulations can be used in a variety of genres; however they are most commonly used in corporate situations to improve business awareness and management skills. They are also common in academic environments as an integrated part of a business or management course.
Virtonomics is a massively multiplayer business simulation video game developed by Gamerflot. It allows the players to be in charge of fictional start-ups in several industries. There are three different versions available: Entrepreneur, Business War and Tycoon.
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