Back Bay Battery Simulation Solution

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Step : Swot Analysis Of The Back Bay Battery Simulation Hbr Case Solution:

Back Bay Battery: Simulation approach | IFinTale | HBR Case Study

Pest analysis

SWOT analysis helps the business to identify its strengths and weaknesses, as well as understanding of opportunity that can be availed and the threat that the company is facing. SWOT for Back Bay Battery Simulation is a powerful tool of analysis as it provide a thought to uncover and exploit the opportunities that can be used to increase and enhance companys operations. In addition, it also identifies the weaknesses of the organization that will help to be eliminated and manage the threats that would catch the attention of the management.

This strategy helps the company to make any strategy that would differentiate the company from competitors, so that the organization can compete successfully in the industry. The strengths and weaknesses are obtained from internal organization. Whereas, the opportunities and threats are generally related from external environment of organization. Moreover, it is also called Internal-External Analysis.

STRENGTHS:

In the strengths, management should identify the following points exists in the organization:

  • Advantages of the organization
  • Activities of the company better than competitors.
  • Unique resources and low cost resources company have.
  • Activities and resources market sees as the companys strength.
  • Unique selling proposition of the company.

WEAKNESSES:

OPPORTUNITIES:

  • Weakness that threaten the business.

Following points should be considered when applying SWOT to the analysis:

Back: Bay: Battery: Simulation: Report:

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Team Analysis On Back Bay Battery Simulation

IntroductionThe Back Bay Battery Inc. Simulation gave us the task to manage their innovationstrategy to ensure that the company achieves its performance goals, while continuing itsR& amp D investments for future growth opportunities . The main dilemma of the task was to manage the budget between BBBs coretechnology, the AGM battery, responsible for 80% of the revenue, whilst also investing intothe potentially disruptive technology, the Supercapacitors, currently responsible for 20% ofour revenue . Throughout the report, we used various information sources, including the incomestatement and sales variances, to help formulate the most realistic and robust R& amp Dinvestment strategy. Meanwhile, our forecasting was also based on information about currentindustry developments using the News Tab to understand the path of the industry in the nextyears . Combined, we used these to create thesales forecast, and from this the investment strategy for the upcoming years. The investmentstrategy consisted of a 10-year strategy, with the goal of maximizing profit . This paper will demonstrate our learning curve of the project byanalyzing the three investment strategies used within the simulation and discussing thetheoretical concepts of ambidexterity, resource allocation and disruptive and radicalinnovation. Moreover, we will give an insight about three recommendations concerning pricesetting, how to deal with data uncertainty and continuity in strategy decisions.

Strategy 2

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Back Bay Battery Write Up

Please be explicit about the assumptions that formed the basis for the initial strategy. How didthe strategy change over time , and what were thereasons for those changes?

Years 1 and 2

The simulation start with two years history. Back Bay Battery suffer operating loss forboth years due to big losses in super-capacitor business. It appears that BBB priced the SCway below cost. BBB is enjoy healthy margins of around 30% in AGM battery, with most of thesales coming from the automobile sector.

Year 3

News indicated that the Automobile sector will grow, which is the sector generating biggestrevenue for BBB. Meanwhile, the SC batteries are very far behind markets expectations. Notunderstanding how the needs of super-capacitor will grow, I made the decision to invest70% in AGM and 30% in SC. Based on performance reports, BBBs AGM battery couldimprove on energy density, self-discharge rate and unit cost. Thus, investments are made in thesecategories. For SC, energy density and self-discharge are the areas that need significantlyimprovement before customers will adopt the product. Taking a gamble, I invest money toimprove self-discharge in SC instead of energy density because the estimate project investmentsappears to be more efficient in self discharge technology.

Year 4

1 | P a g e

MGMT 731 Technology Strategy November 3, 2019

Years 5 and 6

Years 7 to 10

2 | P a g e

BACK BAY BATTERY WRITE UP

Years 1 and 2

Year 3

AGM Investments – $6M Total

Energy Density

Text Of Back Bay Battery Analysis

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Technology & innovation

Team analysis on Back Bay Battery Simulation Game

Introduction

We played a Back Bay Battery simulation game where we were amanager of a consumer electronics manufacturer. The problem in thisbusiness was getting a good balance between R& D spending forthe existing NiMH market and the new Ultracapacitor market. Weplayed multiple rounds of this game, which ended in decent profits.Different strategies are used to not get fired and make thebusiness successful. Every strategy has a different theoreticalbackground, which are compared, analyzed and discussed.For R& Dof Back Bay Battery we have conducted three different strategies tomaximize our cumulative profit. We took over as manager from 2012till 2020. At that moment there was already a large amount invested in self-discharge for the NiMHbatteries.Strategy types

The first key lesson we have learned from playing the BBB gamewas that managers should be very carefully with their salesforecasts. Past revenue rates do not give guarantees for futurerevenues. If its done wrong the calculated budget for R& D mightbe too high for the upcoming revenue. A way to avoid this is tobase the R& D spendings on the revenue of the past year insteadof the upcoming year.

The second key lesson we have learned is that in highlycompetitive markets like the Battery market, cost leadership is aneffective strategy. Investments in process innovations aretherefore highly effective.

References

Appendices

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The Rationale For The Strategy

Foremost, I maintained my price at $10, but I invested in the process of improvement to cut the unit cost. As a result, I managed a steady product performance throughout the five years. During the third year, I reduced the prices of supercapacitors from $20 to $15 per unit to boost sales and maintain competitiveness in the market. Even after one of the automakers requested Back Bay to focus on its specific needs for an upcoming SUV line, I still offered the high-power density battery at $10 to prevent intrusion of the market by Asian competitors. The appealing recharge time and competitive price have been critical factors for improved sales, despite the companys limited R& D resources.

Harvard Business Case Studies Solutions Assignment Help

In most courses studied at Harvard Business schools, students are provided with a case study. Major HBR cases concerns on a whole industry, a whole organization or some part of organization profitable or non-profitable organizations. Students role is to analyze the case and diagnose the situation, identify the problem and then give appropriate recommendations and steps to be taken.

To make a detailed case analysis, student should follow these steps:

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Back Bay Battery Simulation

In this paper we explore the mechanisms that allow securities analysts to value companies in contexts of Knightian uncertainty, that is, in the face of information that is unclear, subject to unforeseeable contingencies or to multiple interpretations. We address this question with a grounded-theory analysis of the reports written on Amazon.com by securities analyst Henry Blodget and rival analysts during the years 1998-2000. Our core finding is that analysts& #x27 reports are structured by internally consistent associations that include categorizations, key metrics and analogies. We refer to these representations as calculative frames, and propose that analysts function as frame-makers – that is, as specialized intermediaries that help investors value uncertain stocks. We conclude by considering the implications of frame-making for the rise of new industry categories, analysts& #x27 accuracy, and the regulatory debate on analysts& #x27 independence.

The Importance Of The Behavioral Management Theory

Back Bay Battery -Kristen

This form of management reviews the way managers behave toward employees to motivate, encourage and influence high levels of proficiency and commitment to the organisation. Managers who understand these theories can greatly improve their management skills. Today ‘s society has been very fast changing and fast paste and so managers must use what they know to improve their skills and ensure that the business stays successful. A classical theory that has been used since the early 1900s is Scientific Management theory which highlights a methodical approach to management. Frederick W. Taylor is famous for defining the techniques of this theory.

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Step : Reading The Back Bay Battery Simulation Harvard Case Study:

To have a complete understanding of the case, one should focus on case reading. It is said that case should be read two times. Initially, fast reading without taking notes and underlines should be done. Initial reading is to get a rough idea of what information is provided for the analyses. Then, a very careful reading should be done at second time reading of the case. This time, highlighting the important point and mark the necessary information provided in the case. In addition, the quantitative data in case, and its relations with other quantitative or qualitative variables should be given more importance. Also, manipulating different data and combining with other information available will give a new insight. However, all of the information provided is not reliable and relevant.

When having a fast reading, following points should be noted:

  • Nature of organization

When reading the case for second time, following points should be considered:

  • Objectives of the organization and key players in this case.
  • The compatibility of objectives. if not, their reconciliations and necessary redefinition.

After reading the case and guidelines thoroughly, reader should go forward and start the analyses of the case.

Step : Reading Up Harvard Case Study Method Guide:

Case study method guide is provided to students which determine the aspects of problem needed to be considered while analyzing a case study. It is very important to have a thorough reading and understanding of guidelines provided. However, poor guide reading will lead to misunderstanding of case and failure of analyses. It is recommended to read guidelines before and after reading the case to understand what is asked and how the questions are to be answered. Therefore, in-depth understanding f case guidelines is very important.

Harvard Case Study Solutions

porters five forces model

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Step : Doing The Case Analysis Of Back Bay Battery Simulation:

To make an appropriate case analyses, firstly, reader should mark the important problems that are happening in the organization. There may be multiple problems that can be faced by any organization. Secondly, after identifying problems in the company, identify the most concerned and important problem that needed to be focused.

Firstly, the introduction is written. After having a clear idea of what is defined in the case, we deliver it to the reader. It is better to start the introduction from any historical or social context. The challenging diagnosis for Back Bay Battery Simulation and the management of information is needed to be provided. However, introduction should not be longer than 6-7 lines in a paragraph. As the most important objective is to convey the most important message for to the reader.

After introduction, problem statement is defined. In the problem statement, the companys most important problem and constraints to solve these problems should be define clearly. However, the problem should be concisely define in no more than a paragraph. After defining the problems and constraints, analysis of the case study is begin.

Step : Pestel/ Pest Analysis Of Back Bay Battery Simulation Case Solution:

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Pest analyses is a widely used tool to analyze the Political, Economic, Socio-cultural, Technological, Environmental and legal situations which can provide great and new opportunities to the company as well as these factors can also threat the company, to be dangerous in future.

Pest analysis is very important and informative. It is used for the purpose of identifying business opportunities and advance threat warning. Moreover, it also helps to the extent to which change is useful for the company and also guide the direction for the change. In addition, it also helps to avoid activities and actions that will be harmful for the company in future, including projects and strategies.

To analyze the business objective and its opportunities and threats, following steps should be followed:

  • Brainstorm and assumption the changes that should be made to organization. Answer the necessary questions that are related to specific needs of organization
  • Analyze the opportunities that would be happen due to the change.
  • Analyze the threats and issues that would be caused due to change.
  • Perform cost benefit analyses and take the appropriate action.

POLITICAL:

ECONOMICAL:

SOCIO-CULTURAL:

  • Social attitudes and social trends, change in socio culture an dits effects.
  • Religious believers and life styles and its effects on organization
  • Other socio culture factors and its impacts.

TECHNOLOGICAL:

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Back Bay Battery Case Solution

Before summarizing what I have done in my 10-year strategy, I would like to talk about whatkind of products Back Bay Battery has been selling and the current situation. The company has2 different products: AGM and Supercapacitor. The company has 2 different products: AGMand Supercapacitor. And it offers these 2 products to 3 different markets: Solar, WarehouseEquipment and Marine. The AGM product is a product with a higher sales volume and hasa greater place in the market compared to the SC product. SC product is a product that needsimprovements in the product itself however it has a bright future. AGM batteries represent 80%of the company’s revenue and are the major mainstay of the company. The remaining 20%constitute the new SC product.

Step : Selection Of Alternatives For Back Bay Battery Simulation Case Solution:

It is very important to select the alternatives and then evaluate the best one as the company have limited choices and constraints. Therefore to select the best alternative, there are many factors that is needed to be kept in mind. The criterias on which business decisions are to be selected areas under:

case study solutions

  • Increase sales, market shares, return on investments
  • Customer satisfaction
  • Corporate mission, vision and strategy
  • Resources and capabilities

Alternatives should be measures that which alternative will perform better than other one and the valid reasons. In addition, alternatives should be related to the problem statements and issues described in the case study.

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One Significant Change That Has Occurred In The World Between 1900 And 2005 Explain The Impact This Change Has Made On Our Lives And Why It Is An Important Change

E SSAYS ONTWENTIETH-C ENTURYH ISTORY In the series Critical Perspectives on the Past,edited bySusan Porter Benson, Stephen Brier, and Roy RosenzweigAlso in this series:Paula Hamilton and Linda Shopes, eds., Oral History and Public MemoriesTiffany Ruby Patterson, Zora Neale Hurston and a History of Southern LifeLisa M. Fine, The Story of Reo Joe: Work, Kin, and Communityin Autotown, U.S.A.Van Gosse and Richard Moser, eds., The World the Sixties Made:Politics and Culture in

Step : Porters Five Forces/ Strategic Analysis Of The Back Bay Battery Simulation Case Study:

Strategic Innovation Simulation of Backbay Batteries of HBS at Colombo MBA, Nov. 2016

To analyze the structure of a company and its corporate strategy, Porters five forces model is used. In this model, five forces have been identified which play an important part in shaping the market and industry. These forces are used to measure competition intensity and profitability of an industry and market.

porters five forces model

These forces refers to micro environment and the company ability to serve its customers and make a profit. These five forces includes three forces from horizontal competition and two forces from vertical competition. The five forces are discussed below:

  • THREAT OF NEW ENTRANTS:
  • as the industry have high profits, many new entrants will try to enter into the market. However, the new entrants will eventually cause decrease in overall industry profits. Therefore, it is necessary to block the new entrants in the industry. following factors is describing the level of threat to new entrants:
  • Barriers to entry that includes copy rights and patents.
  • High capital requirement

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Step : Evaluation Of Alternatives For Back Bay Battery Simulation Case Solution:

If the selected alternative is fulfilling the above criteria, the decision should be taken straightforwardly. Best alternative should be selected must be the best when evaluating it on the decision criteria. Another method used to evaluate the alternatives are the list of pros and cons of each alternative and one who has more pros than cons and can be workable under organizational constraints.

Welcome To Strategic Innovation Simulation: Back Bay Battery You

Welcome to Strategic Innovation Simulation: Back Bay Battery

You are the president of Back Bay Battery, Inc., a $240 million revenue division of a $40 billion consumer electronics manufacturer. Back Bay Battery produces two types of batteries, the absorbed glass mat battery and a new supercapacitor battery. The AGM is a heavy, lead-acid battery that is easy to handle, withstanding vibration and extreme conditions well. AGM batteries represent 80% of the company’s revenue and have been a mainstay of the business. The newer supercapacitor batteries make up the remaining 20% of revenue.

Back Bay Battery sells its batteries to businesses. There are three primary markets:

Automobiles. Several characteristics of AGM batteries make them attractive for high end vehicles. They can be placed somewhere in the interior of the vehicle or the trunk since they are sealed. The rising popularity of start-stop engine technology means an increased demand from automakers because AGM technology is well suited to the increased power demands and frequent cycling. They are also beginning to be used for braking energy recovery . A generator attached to the drivetrain of a popular European SUV captures the energy released during braking and uses it to power the many electrical subsystems on the vehicle. Both of these applications improved fuel efficiency.

Simulation answer in PDF or Video link please.

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