Assessment
Strategic Crossroads: Innovate or Optimize?45 minutes
Advanced
Available in+4
Skills you'll verify
Strategic Thinking
Decision Making
Business Case Development
About This Simulation
Your mission in this simulation
Your Role
Chief Strategy Officer
Your Goal
Make a strategic technology investment with collaborative business case development.
Simulation Details:
MidTech Solutions is a mid-sized provider of digital learning platforms, specializing in enterprise training solutions through its flagship product, LearnPath Enterprise. With $45 million in annual revenue and 250 employees, MidTech serves industries like healthcare, finance, and manufacturing. LearnPath Enterprise is valued for its personalized learning paths and seamless HR integration, but it faces challenges: outdated algorithms limit real-time analytics and adaptive learning, scalability issues affect large clients, and the platform lacks compatibility with emerging technologies such as virtual reality and blockchain. Competitors have gained ground with advanced features, leading to a modest 5.2% market share for MidTech. The company’s constrained R&D budget and gaps in specialized course coverage further impact its ability to keep pace with industry standards. Recent upgrades have improved customer retention, but MidTech must now choose between investing in transformative AI technologies or optimizing its current platform to maintain profitability and relevance.
As Chief Strategy Officer, you are tasked with guiding MidTech Solutions through a pivotal strategic decision: whether to invest heavily in advanced AI-driven learning technologies or to focus on optimizing the existing LearnPath Enterprise platform. You will engage in one-on-one real-time conversations with key stakeholders—Head of Product Development, Chief Financial Officer, and CEO. Your mission is to assess the company’s technological readiness, co-develop a verbal business case that weighs financial and operational implications, and present a clear, actionable recommendation that aligns with MidTech’s long-term vision and market realities.
- Evaluate MidTech’s technological capabilities and readiness for AI-driven upgrades through a conversation with the Head of Product Development.
- Collaborate with the Chief Financial Officer to develop a verbal business case, considering costs, risks, and returns for each strategic option.
- Present your strategic recommendation to the CEO, integrating stakeholder insights and aligning with company goals.
- Demonstrate strong strategic thinking, decision making, and business case development skills through effective real-time communication.
Helpful for
Chief Strategy Officer, Product Manager, Business Analyst
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