One of the biggest challenge in executive education is bridging the gap between theory and doing. Business simulations can be an effective solution as they are able to bring concepts to life in a risk-free environment.
The corporate world doesn’t forgive mistakes while professionals learn the most when they are given a chance to practice skills. That is exactly why every aspect of business simulations is tailored to the challenges professionals face every day. The only difference is that no budgets or careers are on the line.
Research have formalized the 70/20/10 model of training. 70% of what people learn comes from experience, 20% from social interactions, and 10% purely from traditional learning such as readings and case studies.