Very excited to announce an important update to my Food Truck Challenge simulation, developed with @HarvardBizEdu & @Forio - I think. 'In this online exercise, students try to run a successful food truck in the city of Boomtown. Revenue over 5 simulated weeks and win the Food Truck Challenge.
New venture simulation : the food truck challenge
In this online simulation, students try to run a successful food truck in the city of Boomtown. Students work individually or in teams to achieve maximum revenue over 5 simulated weeks and win the 'Food Truck Challenge.' In each round, students make decisions about where to park and what menu item to offer in hopes of finding the best menu-location combination and yielding the highest sales. Free tamil cut songs download mp3. They begin by analyzing market data and making a plan, but must then decide whether to a.) go to scale right away with the food truck b.) conduct further research and analysis, or c.) experiment with a low-capacity pushcart. In the class debrief, students discuss the trade-offs between analysis, experimentation, and scale.
This simulation teaches students about the value of learning by doing, prototyping, and willingness to fail. It is ideal for discussions of innovation, product development, design thinking, lean start-up, entrepreneurship, strategy, marketing, and organisational learning.
Timing and logistics
The simulation can be played in a concentrated 1 hour session including the orientation and debrief; or may be stretched out over a longer period of time.
The session may be held entirely online or conducted in a classroom setting.
Pricing
Pricing is at £75 per student which includes the Harvard registration cost. A minimum of 3 students and a maximum of 30 for any session.
To arrange a workshop for your organisation or obtain more information, please contact us at [email protected] .
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