Selecting the Best Business Simulation

By Sanford Gold | May 11, 2017 8:48:20 AM

Which Business simulation is right for your training programs?

As you explore the world of business simulation, there are dizzying arrays of educational choices. Much has been written about different types of simulations. Some are good for long-term exploration of complex business problems, while others are focused on a specific skill acquisition. This article will review four critical characteristics that can make up the best business simulator including technology, realism, response and feedback, and process and outcome focus.

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Business Simulations: It is ok to Fail

By Robert Brodo | Mar 1, 2016 9:03:27 AM

As school students, we all went through our academic journeys striving for A’s and fearing flunking tests. Today, we root for sport teams to win and very rarely remember who came in second. In the business world, have you ever heard of a sales professional who missed their quota and received an invitation to president’s club? Or the supply chain manager who constantly is making the wrong vendor choices and winning employee of the year?  How about the IT Leader who chose the wrong ERP system and was toasted at the shareholders meeting for a job well done?  Except for the occasional mulligan in Golf, failure, in most aspects of our lives, is not an option.

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Using Business Simulations to Enhance Financial Acumen

By Robert Brodo | Feb 19, 2016 8:40:05 AM

Practice Makes Results, Not Perfection

I just finished an excellent business acumen learning experience with a group of global business leaders.  As part of the learning journey, these participants had the opportunity to run one of business simulations for five years to develop strategic thinking and financial acumen skills.  As we were wrapping up, many of the participants provided feedback on their experience and how they can apply their new skills back on the job.

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Powerful Business Acumen Skills - 5 Critical Elements

By Robert Brodo | Nov 16, 2015 11:17:29 AM
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Business Simulations Improve Business Decision Making

By Robert Brodo | Nov 5, 2015 11:43:53 AM

Chief Human Resources Officers, Chief Learning Officers, and Talent Development Professionals all hope that their hard work and billions of dollars of investments in talent development initiatives will one day have a pay-off by providing participants with the skills and tools they need to make better business decisions.

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Advantexe Learning Solutions - The Power of Practice