The COVID-19 crisis is disrupting global supply chains, financial markets and the day-to-day operations of businesses all over the world. Now more than ever, a company’s need for capital can come quickly and unpredictably. As a result, there is a real risk for otherwise healthy companies to run out of cash. What can businesses do to safeguard their cash flow, working capital and ultimately their company?
Take your students into the simulation game ‘The Cool Connection’ for an immersed case study on Working Capital Management during COVID-19.
In ‘The Cool Connection’, students take on the role of consultant and are asked to deal with urgent cash flow problems at a multinational cosmetics company. Accompanied by a Harvard-style Teaching Case, students are asked to understand and measure the impact of the crisis on the company’s supply chains. Based on their findings, students make policy recommendations to face the disruptions.
This teaching case is designed for Working Capital Management courses. With this teaching case, students are challenged to learn and practice: