Content about Business simulation

September 1, 2011
Training ROI: Strategy Alignment and Execution

Business leaders are turning to customized business simulations to build the alignment, mindset, and capabilities needed to accelerate strategy execution in their companies and realize business results. Business simulations long have been used up front in the strategy formulation process but now are also being recognized as an essential tool for successful strategy implementation.

By Peter Mulford, Executive Vice President, BTS

Business leaders around the world are turning to customized business simulations to build the alignment, mindset, and capabilities needed to accelerate strategy execution in their companies and realize business results. Business simulations long have been used up front in the strategy formulation process. In the last several years, simulations increasingly have been recognized as an essential tool for successful strategy implementation.

June 27, 2011
Business Simulations: Begin with the End in Mind

By investing more time in determining the primary purpose and desired outcomes of the simulation, organizations are more likely to be successful in providing on-target learning opportunities for their employees.

By Eliza Helweg-Larsen, Owner and Chief Creative Officer, Andromeda Training, Inc.

For several decades, corporations and academicians have used business simulations to provide a business context and rapid learning environment to increase business literacy and acumen. These simulations have a wide focus, including finance, marketing, distribution, management, decision-making, strategy, teambuilding, and other related topics. Regardless of the specific discipline or topic, business simulations have several goals in common, among them: