simformer - business simulations for education. what is it?
TRANSCRIPT
Kaspars RozeGlobal Head of Business Development
Minvydas LatauskasHead of Product Development
Simulations for business and education
PRACTICEKNOWLEDGE SKILLS+ =
training, education, and personnel assessment, based on business simulations
Simformer formula
What we add to knowledge
PRACTICEKNOWLEDGE SKILLS+ =
On-line 24/7
Off-line
MOOCMOOC
MOOC
Universities
Universities
Universities
Trainers
How we do this
BUSINESS SIMULATION
DEVELOPMENT TOOLS
LMS
Text, video, audio, PDF…Flexible learning processPopular LMS: Moodle
Create and customize simulationUpload and adapt your contentManage individual or group dynamic
1 000 000 registered users50 000 active players
Direct access 24/7Single and Multi-userP2P non stop simulationAll core business processes20+ industries, 200+ productsMarketingStrategyFinanceLogisticSalesR&DHR…
How it works: examples
Vilnius University & Simformer
Quality management course byDr. Dalius Serafinas
PRACTICEKNOWLEDGE SKILLS+ =
The problem — to understand Quality management you need:Systematical view of the business and its processesKnowledge of the whole business value chainPractical experience in business management
,,
,,The solution:
Business simulation with global virtual economy in order to form an understanding of the business as a systemKeep the focus on QM and how it’s linked with other business processes
,,
,,
Quality management course
Quality management course byDr. Dalius Serafinas
Theory
Cases
Seminars
Virtual economic and business
Connecting theory and practice
Real and virtual business based case studies
PRACTICEKNOWLEDGE SKILLS+ =
System comprehensive approach
Decision making
Analytical skills
Course timeline and results
MARCH APRIL MAY
StartBusiness simulation
based exam
60 studentsManaged
22 virtual companies2
bankrupt3
billionaires
17profitable
Student`s feedback
Business Information Management is a study program of great value.
Quality management is not only good shoes.
Students can enjoy learning a lot.Experience & „know how“ > $.
It is not that easy to be a businessman.
Learned that business is not a ”mystical creature“.
In this game I have gained a beter understanding of academic side of the study as well as analytical and practical side of business.
How can one actually utilize university knowledge in business!
,,
,,
,,
,,
,,
,,
,,
,,,,
,,
,,
,,,,
,,
,,
,,
Teacher feedback
Dr. Dalius Serafinas
Teaching: helping to learn and understand
Less preparations: virtual economy does the job
Theory > virtual business > real business
Cross subject teaching
Developing practice based skills
Sharing the knowledge
Huge student involvement
Systematical approach to business management
Knowledge sharing among students
Highly impressed business representatives
Quality management course on Simformer
BUSINESS SIMULATION
DEVELOPMENT TOOLS
LMS
Theory, Cases, Syllabus, Classic students evaluation, …
Simulation configuration for Quality management course
Students evaluation in simulation
Dynamic virtual business environment available online 24/7/365
Virtual business based case studies
Group and individual assignment
On-site and distance tasks
UniCredit & Simformer
22 regional top managers
Team and individual setup
6 non-stop hours
…develop strategic thinking, analytical skills, creativity, resistance to stress, ability to make quick decisions in limited time…
,,
,,Initial task
Simformer decision
A very dynamic business game:3 hours classic training + 3 hours in business simulation
Corporation in financial distress
Recalculations
Game rules
Game results
10:00 11:00 12:00 13:00 14:00 15:00
Task
Task execution
Presentation
Analysis
Task
Task execution
Presentation
…
…
…
…
Game formats
Team setupIndividual setup
ANALYTICAL SKILLS
STRATEGIC THINKING
DECISION-MAKING
ACTIVITY
TEAMWORK
LEADERSHIP
ACTIVITY
COMMUNICATION SKILLS
Participant and customer feedback
…the scores for NPS in excellent…
…70% of participants would actively recommend Simformer game moderators as trainers…
… 65% of them would actively recommend the training…
,,
,,
,,,,
Business game on Simformer
BUSINESS SIMULATION
DEVELOPMENT TOOLS
LMS
Game concept video, Practice, Cases, Assignment, …
Simulation configuration for business game
Participant evaluation in simulation
Dynamic virtual business environment available online 24/7/365
Virtual business based case studies
Group and individual assignment
On-site and distance tasks
Change your education
Apply Simformer to minimize the gap between reality and different types of education,
seminars, and trainings.
Learn faster, better.
Reality
MOOCAcademic Education
Trainings
Seminars
Corporate Education
Create, support, develop on-line and on-site
training and education products anywhere anytime.
Access simulations on-line 24|7|365.
∞
Add new value to existing education, training and employee assessment solutions.
Join the gamification trend in the e-industry.
Simulation
SIMULATED REALITY NEW VALUE 24|7|365
Kaspars RozeGlobal Head of Business Development
Minvydas LatauskasHead of Product Development
You questions?