BIMS®online

confidencetoughManagement

Nov 20, 2013 (3 years and 8 months ago)

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BIMS®
online

Bayer International Management Simulation

Manage a virtual company and learn business administration

Bayer Business Services

2

BIMS®
online

-

Bayer International Management

Simulation



one of the first fully Internet
-
based business management simulation program,



more then 500 participants every year,



teams of between four and six people manage a virtual m
id
-
sized


manufacturing company,



available worldwide in English and German,



gives a taste of what it feels like to be
a
boss,



enhance professional profiles and broaden their horizons by looking


beyond their current fields of activity

THE SIMULATED MANAGEMENT
EXPERIENCE THAT

TEACHES BUSINESS SKILLS

Bayer Business Services

3

BIMS®
online

-

Key Learning Outcomes

BIMS®
online
is an
opportunity

to:




Prepare interdisciplinary teams for joint projects in the future



Foster collaboration and improve mutual understanding



Offer employees training economically without travel costs or loss of work time

Business

Administration

Concepts

Business

Terminology

Risk
-
aware

Decision
-
making

Teamwork

Bayer Business Services

4

BIMS®
online

The Basis for Success


The teams can simultaneously simulate several

different decision scenarios online.


BIMS®
online
tutors can log into team meetings

to provide support at any time.


Working online allows remote communication

between individual team members
and

geographically dispersed teams.


Although BIMS®
online
is a simulation, it is not

entirely fictitious. It uses real data from a

medium

sized

enterprise. These data are regularly

updated to reflect current market

conditions and

ensure that the scenarios mirror reality as closely

as possible.


The BIMS®
online
simulation also

includes cost accounting


an area, that because

of its challenging nature, is omitted or only dealt

with in a highly simplified form in other

management

simulations.


BIMS®
online
therefore reflects the full complexity

and diversity of the real business

world.

Bayer Business Services

5

How teams work in
BIMS
®online?





Every team runs a mid
-
sized

manufacturing company
.



The company operates in a simulated market with

simulated



competitors
.



T
he competition is real
:

the performance of the virtual


company and its

market position show how successful the



learning

process has been.


Teams take decisions
on the

following aspects of the business
:



Research, development and innovation



Marketing and logistics



Procurement



Production



Human resources



Finance and accounting


Bayer Business Services

6

BIMS®
online

training
package

-

contents are activated for all team members



Three interactive Web
-
based training (WBT)

modules
;


C
ost accounting,



P
reparation of financial statements,


I
nvestment

accounting.




A detailed manual and comprehensive compendium

provide an
introduction

to the

theory of

business

administration.


Timeplan

2012
for

BIMS®online



2012

Parties involved

February

March

April

May

June

July

August

September

Nomination &
Registration Period &
Initiation Mails

HR
,
BIMS Participants &
T
heir
M
anagers

BIMS 2011 Welcoming
Meeting with HR &
teams

HR
&
BIMS Participants

BIMS 2012

BIMS Participants

01
-
10.02





27.06

20
.0
2



Execution

of 7 BIMS
Modules


20
.02







At the end of each period, the teams are assessed on the basis of their companies’ performance and


the accuracy of their planning.




Participants receive intensive coaching. The
BIMS®
online

Tutors follow their progress and


respond to questions on the respective decision scenarios.




Regular Follow
-
up Meetings are held with HR also.




The final round takes place between September
3rd
-
7th
, 201
2

in Leverkusen with
four

best
teams




The costs for the application of a team of 4 to 6 members add up to EUR 2,725* / 2,995**.


Applications for a single person, which cost EUR 695* / 785**, are also possible. These participants


are assigned to a team.



* Price for core companies

** Price for
ohter

customers