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Simulation Report On Ites Metochos Axia: Akshat Goyal 18P185

This document is a simulation report by Akshat Goyal (18P185) for ITeS Metochos Axia that summarizes decisions made, outcomes, and learnings after various rounds of the simulation. Key decisions included investing in employees through incentives and R&D, and bidding judiciously for projects. Outcomes saw fluctuating attrition rates and profits. Learnings centered around the importance of employee perception, focusing investments, and managing costs and debt responsibly.

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0% found this document useful (0 votes)
1K views4 pages

Simulation Report On Ites Metochos Axia: Akshat Goyal 18P185

This document is a simulation report by Akshat Goyal (18P185) for ITeS Metochos Axia that summarizes decisions made, outcomes, and learnings after various rounds of the simulation. Key decisions included investing in employees through incentives and R&D, and bidding judiciously for projects. Outcomes saw fluctuating attrition rates and profits. Learnings centered around the importance of employee perception, focusing investments, and managing costs and debt responsibly.

Uploaded by

Akshat
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Akshat Goyal (18P185)

Simulation Report
on
ITeS Metochos Axia

by

Akshat Goyal
18P185

Strategic Management II

Management Development Institute

Gurgaon 122 007

August, 2019
Akshat Goyal (18P185)

After Round 2
Decisions Taken

 Took large loans to improve customer centricity and also invested in R&D
 Had to give significant increment to employees to reduce attrition and simultaneously also
invested in improving customer perception through CSR

Outcomes

 Both junior and senior employees were not valuing company and therefore high attrition
 There was very little revenue source and non-allocation of project resulted in lot of debt . All
this resulted in high negative PAT

Learnings

 Employee perception is critical for the company and therefore investment must be made in
form of promotions and increments to improve employee perception
 Strategy while bidding for the proposal was not appropriate. Took huge loan which
generated cash but didn’t use it properly

After Round 4

Decisions Taken

 Invested in hiring employees again as high attrition rate continued in second round while also
giving significant increments to both junior and senior members and invest in improving
customer perception as well as company perception through CSR
 Took certain R&D decisions to invest in leading sectors and add near site centres to improve
customer centricity

Outcomes

 High attrition rate continued from previous rounds which suggested that employees were
still not valuing the company
 PAT margin increased along with PAT growth which also resulted in increased share price

Learnings

 Investing more in improving employee perception of the firm by giving better increments
and promotions
 Focus should be on getting projects in the emerging economy as well as trying to improve
customer centricity so as to increase my revenue stream
Akshat Goyal (18P185)

After Round 6

Decisions Taken

 Competitive firms were in debt and had negative profits so did not attempt to acquire any
firm
 Invested in R&D in sectors like retail and also tried to improve customer centricity.

Outcomes

 Faced high attrition rate in fifth round with junior and senior employees not perceiving high
value of the company but employee perception showed peak values in sixth round being the
highest among all teams
 Received some projects in an emerging economy and developed economy that helped in
increasing the reach of the firm

Learnings

 Huge direct costs as well as loan repayment costs thus there is a need to manage staffing
more responsibly and carefully to prevent future profit decrement
 Judicial bidding is necessary so that profit doesn’t reduce and will also try to acquire projects
in emerging and frontier economy.

After Round 8

Decisions Taken

 Similar to previous round, I did not attempt to acquire any firm as they already had negative
profits and were in debt
 Made R&D decisions to invest in leading sectors. Reduced costs by offering less promotions
and increments

Outcomes

 Was able to bring down attrition significantly in these rounds to nearly 18%
 Sudden need to take emergency loan because of increasing direct costs

Learnings
Akshat Goyal (18P185)

 Employee perception was really good because I spent judiciously on employee


promotions/increments while also allocating funds to maintain employee perception at that
level
 I took decisions which helped me avoiding profit margin reduction despite the downturn.

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