The MBA440 students in the MBA programme at the University of the South Pacific achieved an impressive milestone, with one team ranking 1st among the top 100 universities for Return on Average Equity (ROE) in the GLO-BUS simulation. Additional teams from the same cohort ranked 10th, 13th, 53rd, and 74th, showcasing the Laucala Cohort’s strong strategic management skills.
The MBA440 course – Strategic Management has a component called GLOBUS Game. GLO-BUS is an online exercise where teams of students put strategy and decision-making skills to the test as they develop business plans and compete against each other for market share. Each week, GLO-BUS lists the top 100 Global Performers in four categories: overall score, earnings per share, return on equity and stock price.
The course coordinator, Dr Sunia Vosikata affirmed that in GLO-BUS, class members run companies that compete for global market leadership in two product categories:(1) wearable video cameras that deliver stunning video quality and have powerful photo capture capabilities (comparable to those designed and marketed by global industry leader GoPro) and (2) sophisticated camera-equipped copter drones that incorporate a company designed and assembled action-capture camera and that are sold to commercial enterprises. A strategy simulation designed around a global industry setting is especially desirable because globalization of the marketplace is an ever-widening reality and because global strategy issues are a standard part of the strategic management course. Plus, of course, accreditation standards for business school programs routinely require that the core curriculum include international business topics and the managerial challenges of operating in a globally competitive marketplace.
The course and excellent performance of students have been generating positive mileage for USP over the years.
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