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TIS's TOPSIM tests international competitors in IIMC's business festival, Intaglio 2006-07
Tata Interactive Systems
| London, UK, and Mumbai, India
4-Jan-2007 » Training Press Releases » Tata Interactive Systems (TIS), the global e-learning producer, is sponsoring 'Wizards of Biz', a business simulation competition at Intaglio 2006-07, the international business school meeting of the Indian Institute of Management (IIMC), Kolkata. The competition, which begins on 7th January, will use TIS's software-based simulation TOPSIM Business Development, which is part of TIS's range of TOPSIM sophisticated business simulations.
Tata Interactive Systems (TIS), the global e-learning producer, is sponsoring 'Wizards of Biz', a business simulation competition at Intaglio 2006-07, the international business school meeting of the Indian Institute of Management (IIMC), Kolkata. The competition, which begins on 7th January, will use TIS's software-based simulation TOPSIM Business Development, which is part of TIS's range of TOPSIM sophisticated business simulations.
Some 150 teams from business schools throughout the world, including Harvard Business School, Stanford Graduate School of Business, The Wharton School and London Business School, as well as prominent business schools from Australia, Austria, Belgium, China, Denmark, Finland, France, Germany, Italy, Norway, Philippines, Singapore, Spain, Sweden, and Thailand, are participating in this business strategy event, along with key Indian business schools including the IIMC, ISB, JBIMS, TISS, NMIMS, S P Jain, IMT, and XLRI.
After an elimination round involving 150 teams, 60 short-listed teams will play the TOPSIM Business Development simulation online, over a period of three weeks.
In the simulation, the teams manage a fitness equipment manufacturing company facing shrinking profits, increasing costs and sudden competition. They will strive to revive the company's fortunes, in a competitive multi-player scenario.
According to Intaglio 2006-07's organisers, TOPSIM - unlike many other business simulations - offers a rich and highly complex environment with a case-based approach. TOPSIM Business Development allows players to make decisions in key areas like change management, business communication, ownership transactions, business segment development, rating and financial ratios, along with planning, managing and controlling business activities.
The simulation also involves participants managing projects across different business functions, including sales projects, R&D projects, mergers & acquisition, production optimisation, and HR.
As a team-based competitive simulation, TOPSIM requires that players show the ability to make strategic decisions as a team. As it simulates the whole business environment, it gives participants a bird's eye view of business management and competitive dynamics.
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About TOPSIM® Simulations
TOPSIM Simulations are advanced and comprehensive models that simulate operating environments, used as innovative methods to teach business and management competencies. The simulated environments include business start-ups; a single business function; overall management of an enterprise; managing in global markets, and the macroeconomics of a country.
Typically played by teams in a workshop format over two or three days, TOPSIM participants compete with other teams in a simulated environment. While proceeding through different modules, teams plan, strategise and make decisions, taking into account the many variables that influence the operating environment. At the workshops, an instructor acts as the teams' coordinator, controller of environment variables and as educator to help teams interpret results and reports.
The large number of variables that influence decision-making is what makes TOPSIM a highly complex simulation and sets it apart from other business simulations in the market.
TOPSIM products currently cover 15 areas: TOPSIM - Manager, TOPSIM - General Management, TOPSIM - Logistics, TOPSIM - Banking, TOPSIM - Euro, TOPSIM - Marketing, TOPSIM - E-commerce, TOPSIM - Macro Economics, TOPSIM - Business Developments, TOPSIM - General Airline Management Simulation, TOPSIM - Change Management, TOPSIM - Project Management, TOPSIM - Easy Startup, TOPSIM -Global Challenge, and TOPSIM - Production Startup
TOPSIM - Simulations are used by numerous corporate enterprises, education centres, and universities (including over 200 universities in Germany alone).
Besides TOPSIM® - Simulations, TIS also offers management training sessions, from 'Introduction to Business Administration for Engineers' to 'Top-Executive Leadership Development' programs through its simulations products range SimBLs™.
About Tata Interactive Systems (TIS)
Tata Interactive Systems (TIS) is the world's leading developer of learning solutions - with a team of over 600 multi-disciplinary specialists, TIS creates 3000+ hours of learning content across 160+ concurrent projects every year.
Backed by an unmatched 19 years' experience, TIS develops unique and innovative learning solutions that are designed to enable clients achieve their organizational goals. Whether it is performance and productivity gains, streamlining operations and financials, developing leadership and decision-making skills, enabling smooth product development, reducing time to market, boosting employee motivation, or any other corporate or learning initiative - TIS' solutions have proven their effectiveness at more than 60 Fortune 500 companies, leading educational institutions and government departments worldwide.
TIS' clients include more than 60 Fortune 500 companies, leading educational institutions, and government departments worldwide.
TIS is the first learning solutions organization in the world to be assessed at Level 5 in both the SEI-CMM and P-CMM frameworks. Its solutions have won widespread industry recognition with prestigious awards including Performance Centered Design, ASTD, IT Training, Brandon Hall, APEX, BETT, BIMA, SIIA Codie, FICCI BAF and Business World-NID awards.
TIS caters for three segments - Corporate, Education, and Government. It offers its clients innovative learning solutions including:
• Web-based Training & Courseware - to help achieve learning goals
• Simulations - to offer immersive learning experiences
• Electronic Performance Support Systems - to provide on-the-job support
• Software Solutions - to leverage technology in learning
• Game-based Learning - to enhance learner engagement
The scope of TIS' learning solutions encompasses on-boarding, sales training, process training, product training, curriculum design, assessments, soft skills training, and technical training, among others. TIS has extensive experience across diverse industry domains including pharmaceuticals and healthcare; banking, finance, and insurance; IT; communications and telecom; publishing; virtual and online schools and universities; transportation; government and defense; and not-for-profit organizations.
TIS has development centers in Germany, Switzerland, and India. Its sales and marketing operations span the US, Canada, the UK, mainland Europe, Australia, New Zealand, the Middle East, and Asia.
For more information log on to www.tatainteractive.com
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