Methodologies

How Effective Are Business Games in Academic Learning?

How Effective Are Business Games in Academic Learning?

7 minutes The difference between a strategy lecture and a real decision-making experience becomes clear very quickly: in the first, students usually memorize concepts; in the second, they must deal with consequences. That is why business simulation games for the classroom have gained space in technical programs, undergraduate and graduate courses, and corporate training initiatives. When applied effectively, they transform abstract content into concrete decision-making through data analysis, time pressure, competition, and performance evaluation. For academic managers and faculty members, this topic is no Continue

Corporative game for leadership training

Corporative game for leadership training

7 minutes Few training formats expose leaders to the pressure of making decisions with incomplete information, dealing with cross-functional impacts, and still sustaining team performance. That is exactly where corporate leadership training games gain strength: they move the discussion out of the abstract and place participants into an experience of decision-making, consequences, and applied learning. In traditional programs, leadership is often addressed through concepts, models, and discussions. That has value, but it is not always enough. Leadership involves judgment, prioritization, communication, situational awareness, and Continue

Business games: 5 reasons for undergraduate use

Business games: 5 reasons for undergraduate use

2 minutes Currently, with the advancement of technologies, there is a great need for university professors to engage their students. Thus, more and more educational institutions across the country are investing in business games and simulators as learning tools. In short, these activities can be applied in Business Schools, Accounting Sciences, Business Management, and Logistics courses, for example. However, with some adaptations, it is possible to use them in any course in the humanities and exact sciences, especially if it involves business management. See Continue

10 Business Games benefits

10 Business Games benefits

less than 1 minute There’s a lot of benefits using the gamification methodology, and we highlight ten main benefits for the participants. The playfulness of the game makes learning easy There are several competencies involved “Experience learning” is more effective Systemic understanding of complex concepts (finance, economics, management, etc.) Competition between peers stimulates the learning process Dynamic simulations such as business reality Constant feedback through available reports Theory and practice alignment It encourages analytical thinking and planning Practice the decision-making process in the simulation Continue

What is Microlearning? Why you should use it in your organization?

What is Microlearning? Why you should use it in your organization?

1 minute Microlearning refers to short forms of learning and consists of short, fine-grained, inter-connected and loosely-coupled learning activities with microcontent (Lindner, 2006; Schmidt, 2007). For Buchen & Hamerlmann (2010) microlearning facilitates self-directed lifelong learning, as short activities can be easily integrated into every-day activities. Small learning steps with small chunks of information can be used for learning in-between and on-demand. In this way microlearning enables individuals to stay up-to-date in today’s knowledge society and offers a viable supplement to more time-consuming and formalized Continue

Training is only an investment if you get your desired outcomes, otherwise, it’s just an expense.