Simulations Development

Simulations immerse students in complex business environments where they are forced to make challenging decisions, and equally important, see the impact of their decisions. As such, simulations provide students the power to explore and experiment, and experience the cause and effect (or the action-reaction) nature of real world decision making

Virtual Negotiations

Authors: Dishan Kamdar, Amit Nandkeolyar, Abhijeet Vadera, and Ruchi Sinha

Co-created by the CTLC and Ptotem Technologies

In today’s world, where negotiation via electronic media is becoming more and more common, understanding the subtleties of asynchronous, impersonal and seemingly private negotiations is very important. This simulation is a web-based virtual negotiation platform. The simulation platform allows significant flexibility to faculty to define the case being played and the parameters and rules of each case. The platform also allows faculty to implement multiple games simultaneously with different parameters. As a research tool, the platform captures all data related to the simulation and performs analytics. Using state-of-the-art technology, the virtual negotiation platform is a potent means to explain, assess, and analyse negotiation cases.

Ethical Decision Making

Author: Abhijeet Vadera

Co-created by the CTLC and Knolskape Solutions

The basic module of this simulation aims to highlight the role of contextual factors in the ethical decision-making process of individuals, and the advanced module is aimed to highlight the role of individual biases in the ethical decision-making.

IT Investments: A Portfolio Approach

Author: Deepa Mani

Co-created by the CTLC, SRITNE, and Wizda Solutions

This simulation focuses on understanding how firms can use a portfolio approach to select IT investments, whose risk and return best reflect the firm’s capabilities and business strategy.  Students use an analytic platform to assist them in the portfolio approach to analyse various IT investments. These investments are classified into four asset classes – transactional, informational, infrastructure and strategic – to estimate their strategic and financial benefits. In designing an IT portfolio that is aligned with a firm's business objectives, students acquire valuable insights, including: understanding the various contributions of IT to business strategy and the typical classes of IT investments in a large firm, addressing the challenges and trade-offs typically found in IT planning contexts, assessing the risk and return to IT investments, and implementing a portfolio of IT investment characterised by significant uncertainty in future payoffs.