The three-day annual management festival called Ensemble 2002, beginning on Friday, will have among others a game called Cost-cutting which will feature a live simulation of a major cost-cutting exercise as undertaken in firms today. XLRI aims to make the game a number-crunching exercise that will give participants an insight to the various nuances involved in reorganising the pay structure and cash outflow.
Smartsizing will be another game with a live simulation (-cum role-play) of an organisations lifecycle. Participants from different B-schools in groups of four will determine the fate of a hypothetical firm struggling for an existence in a highly competitive market.
Ensemble 2002 is being organised on a bigger platform this year says a spokesperson of XLRIs External Linkages Cell. This year the institute has roped in quizmaster Siddharth Basu for a quiz contest and there will be a host of other cultural and informal events including a rock show.
The festival will also have Asterix, a case analysis contest providing an insight into business. The competition will present the students with a business problem. The event will test the students ability towards a structured approach to solving a case and coming up with suggestions that are innovative yet can be implemented within the given constraints.