Tag: business simulation
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From Theory to Practice: How Online Simulation Games Can Help Learners Apply What They Have Learned
From Theory to Practice: How Online Simulation Games Can Help Learners Apply What They’ve LearnedOnline learning revolutionised corporate training back in the mid-90s and is now a staple element of Learning and Development curriculums worldwide. However, 30 years on, many online learning solutions still lack one key ingredient – to provide learners with the opportunity…
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The Role of Simulation Games in Developing Critical Thinking Skills
Critical thinking skills are essential for success in today’s complex and rapidly changing business environment. Companies are increasingly looking for employees who can analyse information, evaluate evidence, and make informed decisions. However, traditional classroom learning may not always provide the best environment for developing these skills. This is where simulation games come in. Simulation games…
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The Role of Business Simulations in Corporate Training: A Practical Guide
In today’s fast-paced business world, it is essential that companies have a workforce that is skilled, competent and adaptable. Corporate training is a key aspect of developing these skills, and one tool that has become increasingly popular in recent years is business simulations. A business simulation is a scenario-based training tool that allows participants to…
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Developing leadership skills with business simulations
Leadership skills are essential for any successful organisation, and developing them has become a priority for companies worldwide. However, leadership is not just about knowledge-based learning; it requires individuals to practise and apply new skills and behaviours. As a result, many organisations have turned to business simulations as a way to develop leadership skills in…
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Utilising business simulations in CSR initiatives
Corporate Social Responsibility (CSR) is becoming an increasingly important aspect of businesses in today’s society. It involves businesses taking responsibility for their impact on society, the environment and the economy. With CSR becoming an essential element of modern-day businesses, companies are searching for ways to integrate it into their operations effectively. One way to achieve…
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Digital Business Simulations: How to maximise commercial productivity
2024 saw many businesses, from an array of industries, embracing remote working due to the coronavirus pandemic. With more and more employees relying on their screens to carry out their responsibilities, training within the workplace has also seen a dramatic shift to the virtual landscape. Over the course of last year, we saw businesses from…
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Five reasons to leverage digital business simulations in virtual staff training
Whether you’re the newest team member joining an exciting new start-up or if you’re an existing employee looking to broaden your skillset – digital business simulations provide a sure-fire way to put your learning to the test. Over the last 12 months, we worked with leading businesses to design and deliver virtual training solutions that…
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DigiPark – an exciting new online business simulation
In teams, participants have to optimise resources to drive customer service and maximise commercial performance. Working collaboratively as a team, they must respond to fundamental change and disruption in the marketplace and industry, adapting their business to deliver commercial results. DigiPark can run as standalone simulation (half-day) or incorporated into a wider programme and blended…
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What are business simulations?
Business simulations are a practical, engaging workplace learning method, consisting of a range of activities related to specific goals and KPIs. Instead of traditional classroom-based learning, simulations imitate reality and stimulate collaborative working among employees, thus improving learning retention and boosting morale. How are simulations beneficial for businesses? There are several benefits that business simulations…
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Business simulations as a strategic weapon
Business simulations can provide companies with a training situation which can prepare their employees and managers for situations in the safety of a controlled environment. When timely and accurate, business simulation training can provide a company with a competitive advantage that allows them to anticipate their employee’s performance, identify any areas of concern or pitfalls…