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What is TQM in Capsim, and how do you use it? Total Quality Management (TQM) is an option in the game; it is a way to distinguish your products and make them better. It costs money to use this option, but it could make your product more attractive, reduce the cost of materials, lower the cost of labor, give you faster Research and Development (R&D) upgrades, add “green initiatives” and sustainable options. All of these will increase the demand for your products Expert Tip: Using this option could potentially increase your total revenue in the long run. Make sure you set a budget for this option, so you don’t overspend.
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Indeed, the best way to master Capsim is to jump in and try it. I recommend reading the guides as you make your way through different decision sets. In my class, students start with the individual practice rounds until they feel confident about the game. The participants have to familiarize themselves with all the rules and tasks before they can pick partners to form teams. I approach the simulation with teams because, in today’s complex business environment, you need the expertise from many points of view to accomplish tasks the best way possible.