Boardroom Simulation Final Round

Rules and Guidelines

Boardroom simulation offers a dynamic environment where participants engage in realistic

scenarios mirroring corporate decision-making processes. It serves as a powerful training tool,
allowing individuals to develop crucial skills such as strategic thinking, negotiation, leadership,
and problem-solving within a controlled setting. Participants are immersed in simulated
boardroom scenarios, where they must navigate complex challenges, make critical decisions, and
collaborate effectively with colleagues. This experiential learning approach provides invaluable
insights into real-world business dynamics, fostering both individual and team growth while
mitigating risks associated with actual business operations. Participants assume diverse roles,
such as CEO, CFO, independent directors, and key stakeholders, each contributing unique
perspectives to discussions. The platform provides an immersive setting where participants
engage in interactivedecision-making and collaborate to address complex business challenges.

Date, Time, and Place of the Event:

Final round: 25th Feb 2024, 10 AM, Madai (Auditorium)

Final Round: - (On stage in front of esteemed Panel of Yukti business conclave)

• Cases and problem statement will be allocated to the qualified teams 2 days before the
event.
• Every team (6 members) will need to fill out a form specifying the roles of each team
member within their respective group.
• Ensure that the team includes the appropriate roles of Chairman, CEO, Independent
Directors (minimum 2) with relevant backgrounds and necessary CXO positions.
• Ensure that there is minimum of one female team member in the group.
• During the event, every team will be allotted a time frame of 15 minutes for a
boardroom discussion.
• A background timer will alert teams about their remaining time.
• It is essential that the team presents its conclusions clearly and concisely within the
allotted time.
• Teams should expect judges to challenge them with questions and additional crisis.
• Datasheets and supporting files can be taken to the discussion.
• Team members have the flexibility to choose between business formals or classroom
formals based on their roles and preferences.
Judges and Judging Criteria:
The evaluation for the final round will be carried out by the esteemed Panel of Yukti -The
Business Conclave.

Teams will be evaluated on the following criteria.

Each of these criteria is significant to boardroom dynamics, contributing to the teams’ evaluation
and ability to simulate boardroom scenarios successfully.

1. Team Dynamics: Teams will be evaluated based on their collaborative and coordination
capabilities. Teams must show clarity in communication and engagement and enable a milieu for
feedback and information discourse.

2. Subject Knowledge: Teams will be assessed on their understanding of the problem, key
concepts, industry trends and the organizational structure/culture. Relevant facts and information
must back up all arguments put forth by the teams.

3. Coherence of arguments: The assessment will focus on the clarity of thought, structuring,
and logical presentation of arguments. The clarity and flow of ideas should culminate in a decision
reflective of the assigned organization’s goals and assigned role’s responsibilities.

4. Innovative Thinking: The assessment will assess the ability to think creatively and the
diversity of thought to identify opportunities and tackle challenges. How teams navigate complex
situationswill be a key parameter of evaluation.

5. Conflict Resolution: Teams will be assessed on the nature and management of

disagreements, accommodation of differing viewpoints and dialogue as they navigate the
simulation. Interpersonal skills and stewardship in conflicts will make all the difference.

6. Boardroom Etiquette: Teams’ decorum, demeanor, communication skills, ethics and

demonstration of professionalism will fall under the purview of evaluation