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Pearson Cosmetics Retail Simulation
Retail simulation
Interactive simulation in which students take charge of the first store at Pearson Cosmetics.
Multiple learning objectives
Co-developed with IESE Business School, designed by prof. Jaume Ribera, the simulation contains multiple learning points, such as queue policy selection, people selection and management, retail dynamics, and others.
A module of Pearson Cosmetics simulation
The simulation is a specific retail module that can be played as a standalone, but that is also part of the whole Pearson Cosmetics experience in which students can manage purchasing, manufacturing, sales, store and finance areas of the company.
The Pearson Cosmetics simulation is an interactive global operations management experience, co-developed with the prestigious IESE Business School and designed by Prof. Jaume Ribera. In this engaging simulation, participants take charge of Pearson Cosmetics, managing various aspects of the company, including purchasing, manufacturing, sales, store operations, and finance. The simulation is perfect for graduate students and executive education programs, aiming to teach multiple learning objectives, such as profitability, customer satisfaction, market share, manufacturing productivity, and capital expenditure allocation.
Key Learning Objectives:
- Gain insights into managing various aspects of a global company, including purchasing, manufacturing, sales, store operations, and finance.
- Develop decision-making skills to optimize profitability, customer satisfaction, market share, and manufacturing productivity.
- Understand the importance of capital expenditure allocation and its impact on business performance.
- Experience a modular configuration that allows for customizable learning experiences and focuses on specific aspects of global operations management.
The Pearson Cosmetics simulation places participants in the role of a decision-maker for a global cosmetics company, challenging them to manage various aspects of the business effectively. Participants will be tasked with making strategic decisions to optimize performance across multiple dimensions, including profitability, customer satisfaction, market share, manufacturing productivity, and capital expenditure allocation.
The simulation features a modular configuration, with plug-and-play modules that can be played individually or combined to create a tailored learning experience. This flexibility allows instructors and participants to focus on specific aspects of global operations management, based on their learning objectives and interests.
- Co-developed with the renowned IESE Business School and designed by Prof. Jaume Ribera, ensuring high-quality content and academic rigor.
- Interactive simulation experience that covers various aspects of global operations management, providing a holistic learning experience.
- Multiple learning objectives that enable participants to develop decision-making skills and understand the interdependencies between different business areas.
- Flexible modular configuration, allowing for customizable learning experiences and targeted focus on specific aspects of global operations management.
The Pearson Cosmetics simulation offers a comprehensive and engaging learning experience that teaches participants the intricacies of managing a global company. By participating in this simulation, learners will be better equipped to understand the complexities of global operations management and make informed decisions that contribute to the success of their organizations.
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