How did your company do at the end of the first time you completed the
simulation compared with at your last run-through?
I think that my first run through was the best, while I did listen to family, I did
make the best decisions for the business that I thought was reasonable,
however the first and last simulation had a similar ending.
How did the company's growth change over the course of the three run-
throughs?
The growth of the company changed a total of three times, the first and third
were pretty similar, however on the second run through I tried to make more
decisions in favor of the family and I feel like the business went comepletely
backwards when it came between choosing a CEO that is not a family or
giving the position to a family member.
Which of your decisions do you think affected the company and its growth
more than others? Choosing a third generation family member to take the role
as a CEO when they were not the best choice. It made a major impact on the
business in a negative way.
Were these decisions made with the family in mind? Explain why or why not.
Yes, because the family was upset when I did not choose a family member
versus in the last run-through I choose an outsider and while they were upset
about it, it was the best for the company.
Which decisions served your company well and how?
Passing on the company to Ravi, and adding financial advisors. It helped that
everyone didn't think the same or have biased opinions.
Are there any decisions or actions you would take differently now that you
know more about how they affect a business? Explain why or why not.
Yes and no, I think that while there are a lot of decisions, that there will
always be some sort of divide. Yes, you want to make the company grow, but
are you really okay with upsetting family members if you do not go with their
options?
