What is a business simulation?
Business Simulations are a form of 'serious gaming'.
Business simulations accelerate professional development by challenging participants with realistic and dynamic business scenarios to enable them to practice their decision-making in a psychologically safe environment, using the experiential and social concepts of 'learning by doing' and 'learning by discussion'.
Business simulation games can be played individually or in teams as a tabletop exercise or, using technology, all with the aim of creating an immersive learning experience that is supported by review and feedback before, during, and after the activity. The level of difficulty may be adjusted for the seniority of participants, ranging from emerging talent right through to senior executives.