Board Crisis Simulation (BCS)(A) (Spanish)

Shekshnia Stanislav

Product #:IN-2436

Supplier:INSEAD

Discipline:Strategy

Setting:Europe

Details:Role-Play (PDF) • 8 pages • 2022-08-11

Subjects:

Strategy

Geography:

Europe

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$9.71

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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.

Learning 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