1 minute read
THE ROLE OF BUSINESS SIMULATIONS IN
from MDA Training
by MDA Training
CORPORATE TRAINING: A PRACTICAL GUIDE (1/5)
According to a report by Harvard Business Review, companies that implement integrated training programmes that include simulations see a 15-25% increase in their return on investment compared to companies that rely on traditional training methods.
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Implementing a business simulation for corporate training requires a clear understanding of the desired outcomes and involving participants in the planning process to ensure alignment with company objectives and increased ownership over the results.
Step 1
Start With The End In Mind 1.
It is also important to involve the participants in the planning process. This not only helps to ensure that the simulation is relevant to their needs and aligned to the company’s objectives, but it also gives them ownership and a sense of accountability for the outcomes.
