IDEAS home Printed from https://ideas.repec.org/a/nax/conyad/v62y2017i2p26-27.html
   My bibliography  Save this article

Executive flight simulator as a learning tool in new companies’ resource planning based on the balanced scorecard

Author

Listed:
  • Daniela Vidal Flores

    () (Twentieth Century Fox Home Entertainment, Ciudad de México, México)

  • Rogerio Domenge Muñoz

    (Instituto Tecnológico Autónomo de México, Ciudad de México, México)

Abstract

A deficient strategic planning in new companies has produced that entrepreneurs initial decisions haven’t been the appropriate and, in the long term, consequences will be reflected in the failure of many new companies. The objective of this article is to propose an executive flight simulator that will help to identify and evaluate different strategies for the development of resources of a new manufacturing company, based on the four perspectives of the balanced scorecard that will help the user to become sensitive in the impact that this will have in the performance measures. The simulator is designed under the System Dynamics view for educational purposes in MBAs, entrepreneurship or executive development programs.

Suggested Citation

  • Daniela Vidal Flores & Rogerio Domenge Muñoz, 2017. "Executive flight simulator as a learning tool in new companies’ resource planning based on the balanced scorecard," Contaduría y Administración, Accounting and Management, vol. 62(2), pages 26-27, Abril-Jun.
  • Handle: RePEc:nax:conyad:v:62:y:2017:i:2:p:26-27
    as

    Download full text from publisher

    File URL: http://www.cya.unam.mx/index.php/cya/article/view/1467
    Download Restriction: no

    More about this item

    Keywords

    Executive flight simulator; Entrepreneurship; Scenario analysis; Resource development; Balanced scorecard; System dynamics;

    JEL classification:

    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nax:conyad:v:62:y:2017:i:2:p:26-27. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alberto García-Narvaez (Technical Editor)). General contact details of provider: http://edirc.repec.org/data/fcunamx.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.