This article is intended for instructors.
This article applies to Praxar's Golf, Kayak, and Video Game simulations.
Team version versus Solo version: This article presents all the features of the Team version. Some features may not be available in the Solo version.
See instructional video below, "Navigating the Instructor Portal".
Overview
This article outlines the tools available to instructors during the Simulation Phase, including how to track results, analyze company performance, and guide class discussions.
Performance
This dashboard provides an overview of how each company is performing. It presents a ranking of the companies based on the main Simulation metrics.
1. Simulate button: This button enables you to manually close a round (year) of the simulation, simulate the market and generate the results. If you run the simulation manually using this button, you do not need to enter a date for that round in the Planner.
2. Year (round) selection: The most recent round is presented by default. To view the results from previous rounds, simply select the appropriate year in the dropdown list.
3. Download decision history: You can download the records of the decisions made by all companies. This feature allows you to easily compare and analyze the decisions of all companies within the same group.
4. Export in Excel: The companies' performance metrics can be downloaded into an Excel file.
5. Analyze or assist a company:
- Help or penalize a company: The instructor can add or subtract an amount from a company’s income statement at any time. This amount will appear as an “Intervention by the instructor” during the next round of the simulation. Instructors usually use this feature to help companies in difficulty, or to reward or penalize certain classroom behaviours. Click here to learn more.
- Diagnosis and consistency: Each simulation round, Praxar provides a report that analyzes the quality of a company's decisions in relation to its strategy. By default, students can access this report. Instructors can use this report to quickly highlight the strengths and weaknesses of a particular company’s decisions.
Financial Statements
The dashboard provides a side-by-side view of financial statements for all companies in a single file. Each company’s data is shown in separate columns, offering a detailed overview of their performance for a specific round. Select from the Income Statement, Balance Sheet, or Cash Flow Statement, and download the report as an Excel file.
Analysis & Conclusion
This section includes two reports to support classroom instruction.
Annual Analysis of Industry: Generated at the end of each year, this report highlights key areas of interest from the previous round. It helps participants assess industry strengths and weaknesses and understand their market position. This report is available to students by default.
Plenary Session: Produced at the end of each year, this report is typically used at the end of the simulation to summarize key points and reinforce students’ understanding.