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Board Crisis Simulation (BCS)(A)

Published 24 Mar 2014
Reference 6016
Topic Strategy
Region Europe
Summary

The case represents a role-play simulation in which a team of up to 7 participants acts as a board of directors of a privately-owned company. The board has to discuss and make decisions about its Chairman's resignation. The latter asked to step down after an internal crisis unfolded following the Chairman's media interview in which he criticized the country's President. The board comprise two company founders and 5 independent directors including the Chairman.

Teaching objectives

- To experience real dynamics of the board of directors - To understand a systemic nature of boards and board-shareholders and boards- stakeholders' relationships - To learn to deal with a crisis - To learn to collaborate with people with different backgrounds and agendas - To practice roles of effective directors: expert, strategist, team player, mentor, owner, facilitator

Keywords
  • chairman of the board
  • shareholders
  • board of directors
  • crisis
  • PR
  • Q31314
  • Corporate Governance
  • Value Creation, Strategy and Implementation
  • WICFE
  • Governance, parallel planning, strategy, boards