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Simulations Reality - How Simulation Can Act Like a Vehicle Loan from Tony Soprano’s Jersey State Credit Union

NAFEMS Americas and Digital Engineering (DE) teamed up (once again) to present CAASE, the (now Virtual) Conference on Advancing Analysis & Simulation in Engineering, on June 16-18, 2020!

CAASE20 brought together the leading visionaries, developers, and practitioners of CAE-related technologies in an open forum, unlike any other, to share experiences, discuss relevant trends, discover common themes, and explore future issues, including:
-What is the future for engineering analysis and simulation?
-Where will it lead us in the next decade?
-How can designers and engineers realize its full potential?
What are the business, technological, and human enablers that will take past successful developments to new levels in the next ten years?



Resource Abstract

Mark Zebrowski will build upon his award winning - Best Workshop of 2018, voted on by the Conference Attendees - "What's Wrong with Simulation, What Happens if It's Not Fixed and How to Fix it" by



Showing the Performance Data from a Simulation Re-Work Cycle

Identifying the High Leverage Points



He will then switch his view from backward looking to forward looking and discuss



The Importance of Honestly Knowing where you are in the Simulation Maturity

Model

The Importance of Knowing the Complexity of the Simulation Environment

The Importance of Maneuverability, not Speed, when Performing Simulation and

making Improvements to the Simulation Processes



All of this leads to a Performance Review System called Simulation’s Balanced Scorecard.



The Balanced Scorecard (BSC) concept is a strategic planning and management system that organizations use to:



Communicate what they are trying to accomplish

Align the day-to-day work that everyone is doing with strategy

Prioritize projects, products, and services

Measure and monitor progress towards strategic targets



A key benefit of using a disciplined framework is that it gives organizations a way to “connect the dots” between the various components of strategic planning and management, meaning that there will be a visible connection between the projects and programs that people are working on, the measurements being used to track success, the strategic objectives the organization is trying to accomplish, and the mission, vision, and strategy of the organization.



The Simulation BSC is an outward-looking system rather than the inward-looking approaches employed by most Simulation Groups and Vendor.



It looks at Financial, Customer, Internal Process and Organizational Capacity data.



He will then review the Simulation BSC and the 13 Attributes that it’s based on. And how this approach leads to a methodology of evaluating your organizations performance.



All the above leads to a methodology for reviewing the proposals that might be submitted to your organization from Simulation Vendors.

Document Details

ReferenceC_Jun_20_Americas_147
AuthorZebrowski. M
LanguageEnglish
TypePresentation Recording
Date 16th June 2020
OrganisationConsultant
RegionAmericas

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