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  1. Purchase and register the software: In other words Get MikesBikes.
  2. Getting a base level of competence: This part of task provides you with some experience and understanding of the bike industry by running SoloMike.
    • Download MikesBikes Advanced, Single-Player Version. This gets you the SoloMike application. If you are working in the computer labs (in the Owen G. Glenn Building), you will find that MikesBikes has already been installed; however, you are still required to purchase access.
    • Spend at least four seven hours getting to know SoloMike. Get comfortable with the simulation. Ultimately, with practice, you should be able to achieve a share holder value, or SHV, of $25 (or more) in five or fewer rollovers (a rollover represents one year in the simulation). You will have probably run the simulation four ten to six twenty times, doing a total of about 30 100 rollovers\footnote. You can find hints on using MikesBikes on the SmartSims web-site.
    • Record and attach the following results in Part 2 of the CV form (which is attached to the bottom of this page):
      • Start a new game (Game , Restore).
      • Change the company name to your ID number (Decisions --> Rename).
      • Play for five rollovers (i.e., you must have pressed the rollover button five times; no more, no less).
      • Print out a copy of the Financial Report for all Firms (Reports --> Financial reports --> Financial reports for all firmsIndustry benchmark report) and attach it to the CV form
      • Complete the remaining questions on the CV form.
      • Hand in the completed CV to the drop-box at the Student Resource Centre on Level 0 of OGGB the Sir Owen G. Glenn Building by the due date.
  3. Complete your MikesBikes CV: This part of the assignment is designed to elicit background information that is used in forming Executive teams. You may complete parts of the CV before using the simulation software, or you may want to use with the simulation before deciding your role of choice. Think carefully about the role you pursue in the simulation. You should read the Job descriptions before making your decision.

 

Info
titleThe SoloMike hall of fame

To give some sense of scale to the challenge ahead, in 2017, a UoA student (Katrina Pobre) was #5 on the world-wide MikesBikes Advanced Hall of Fame with a SHV of $995.37 in 8 rollovers, and Yiqi Chen was at #18 with a SHV of $541.18. The #1 player at the end of 2017 had a SHV of $1,731.12 (alas, he wasn't one of our alums).


Warning

Overall, this is a pass/fail task. Your CV will either be of sufficient quality to warrant you being placed in a team, or it will not. The most frequent reasons for failing this assignment are:

  1. Failing to achieve a shareholder value of at least $25
  2. Not having registered/paid for the software
  3. Incomplete information on the CV
  4. Failing to attach the appropriate report
  5. Having your name on the CV
  6. Submitting a poorly presented, or unprofessional looking CV
  7. Failing to achieve a shareholder value of at least $25


Note
titleWhy this solo practice matters

Teams often struggle when they have members who haven't achieved a minimal level of competence with the simulation. If you are unfamiliar with the software, you will find that your experience in your team will be frustrating or worse; so, in the long term, it pays off to practice with Solo Mike.

Remember, group grades are allocated/distributed based on the evaluation of your performance by the other members of your team. If you are unable to fully contribute because of weak preparation, they may factor that into their assessment of your performance.

That is why you must achieve a minimum level of competence in the simulation.

CV for MikesBiks

Attachments
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