When you hear the term “business simulation," what comes to mind? Images of MBA case studies, computer-based games, maybe even memories of prior simulation experiences? You may be surprised to find that business simulations can be far more effective for your organization than you thought. Breaking down the common simulation misconceptions shows how valuable they can be for your organization.

Leadership development programs contain multiple learning methods, but none impact growth and development to the same degree as experiential learning. When leaders directly address their most common challenges by actually making the tough decisions in real time and reflecting upon the results, they begin to forge behaviors and a long-lasting leadership skills at rapid rates.

CHALLENGE Our client recently closed an acquisition of a company larger in size, with largely complementary products and global operations. 

When you hear the term “business simulation," what comes to mind? Images of MBA case studies, computer-based games, maybe even memories of prior simulation experiences? You may be surprised to find that business simulations and their impact on your organization can be far more than you imagine. 

The Institute for Corporate Productivity recently completed a case study about Ford Motor Company’s Global Executive Leadership Program.

The 70/20/10 Theory In any talent management discussion, it doesn’t take long for someone to invoke the 70-20-10 theory. 

When people are enjoying themselves, they can be more open to taking in new information. And, if the material is compelling, they usually retain it longer than they would otherwise.