Tag: business simulation
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How does experiential learning encourage creativity?
Experiential learning is great for encouraging an alternative way of approaching problems and learning from experiences. Omitting the traditional textbooks and whiteboards, businesses have now adoptive approaches which integrate the use of technology, gadgets and interactivity. Removing learners from confining classroom spaces and repetitive ways of studying can transform attitudes and produce exceptional employees who…
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How does VR integrate into business simulations?
Virtual reality has moved beyond its original development use of gaming into more practical uses that can be applied to workplace business simulations. Due to increased accessibility and affordability, recent years have seen VR integrated into more training systems within businesses, particularly in order to boost the capabilities of business simulations. Implementing business simulations into workplace…
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How can business simulations boost employee engagement?
Traditional workplace learning and classroom-based training courses are quickly becoming less favourable to develop staff, and are being replaced by experiential methods like business simulations. Business simulations and other experiential learning approaches to leadership development and workplace training are now growing in popularity, due to the increased engagement that employees show when involved in these.…
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How can business simulations for non-finance managers support your wider business goals?
Wider training for managers not only allows them to gain an insight into a variety of areas of a company, ensuring a more holistic approach to problems and strategies but can also prevent significant financial loses. Finance training for those with a non-financial background is exceptionally important. With the integration of topics including forecasting, risk…