workplace training

A virtual simulation taking place over a video call

How can virtual simulations improve workplace training programmes?

As many businesses begin to show resilience to see beyond the current challenges caused by COVID-19, workplace training and graduate development programmes are starting to become possible again. Although some businesses have opted to halt external recruitment until next year, there have been small glimmers of hope. Particularly in the banking sector, major companies like […]

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Group of people working from home, practising virtual communication

Improving internal communications among the remote workforce

It is safe to say that nobody could have accurately predicted the impact that COVID-19 would have on both our lives and livelihoods. As we all know, the pandemic has caused widespread upheaval in our working lives – many teams are now facing an indefinite period of working from home, and leaders are still facing

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Businessman using digital tablet, digital banking solution

Why banks need digital solutions, now more than ever

As a result of the ongoing coronavirus (COVID-19) pandemic, digital banking solutions are going to be essential if banks want to ensure continuity. As we covered in our previous blog, once life returns to “normal”, consumers are going to be relying on those in banking more than ever before. From managing their finances to resuming

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MDA Training's Run The Bank Simulation

Running a digital banking training simulation

Here at MDA Training, delivering bespoke, experiential learning programmes and activities for businesses all over the world is at the heart of everything we do. Now that many companies are limited in the sense that their employees are working from home, being able to go out and deliver these sessions has become inherently more difficult.

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A business leader conducting a business simulation for his employees

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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A retail banking employee with customers

Focusing on the right KPIs in retail banking training

Key performance indicators (KPIs) are incredibly relevant to the banking sector, as businesses compete to reach specific targets and secure repeat business. Particularly in the retail banking sector, where businesses are typically focused on managing the finances of individuals, setting clear KPIs will ensure that leaders are fully aware of whether or not the company

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A manager with her employees in workplace training

Modern workplace training statistics that you should take note of

As the modern workplace develops in line with changing generational attitudes as well as the implementation of innovative technology, business leaders have a duty to adapt their training methods to suit the ever-growing demands of the professional world. The benefit of changing attitudes and emerging technologies, however, has given those at the top of the

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Employees at a business simulation event

Making the most out of business simulations in workplace training

Business simulations are proving to be a preferred method of workplace training for business leaders in several professional industries, as they serve to engage employees across an entire hierarchy. It is foolish, however, to think that a business simulation should only follow a linear structure and be focused on one area, such as the development

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A business leader instructing his employees

The importance of leadership assessment in workplace training

Leadership assessment can be crucial to the development of a business, as it allows those in positions of authority to actively reflect on their own performance in order to maintain a strong professional environment. The leadership team of any business should constantly strive for progression, and to up-skill their offering, as this will in turn

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A business leader calculating a return on investment

Measuring return on investment from workplace training programmes

While workplace training programmes are typically an effective method of developing the skills of employees across an entire business, they can be challenging to measure in terms of return on investment (ROI). For those in charge of learning and development in the workplace, proving the value of training courses is something that should be prioritised.

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