What’s the one thing that everyone with an MBA shares? — One or more experiences with team-based simulations. They are perfect for the B-School environment:
- They facilitate team-building,
- They provide a quick and effective means to assess the strengths and weaknesses of other students,
- They are fun and engaging,
- They are an outlet for extremely competitive students, and
- They teach practical application of a broad range of skills: business strategy and finance, project management, brand management, leadership, market strategy, sales strategy and trust.
Until recently, these simulations ranged from “simply elegant board games” to sophisticated LAN-based computer simulations with unique information presented via “dash board” for each learner to analyze, make and communicate decisions.
Remote team-based activities and simulation
This summer, the Wharton School of Business presented a case about the effectiveness of team-based activities run remotely — either synchronously or asynchronously — at ASTD’s National Conference. Wharton’s experience (with their Executive MBA Program) was that, in addition to significantly reducing travel time and cost, learners retained more and were more productive when they had more time between sessions to digest and apply information. Their typical design approach incorporated a series of individual and group exercises. It included podcasts, webinars, white papers, remote office hours, and a remote group activity followed by a capstone live classroom experience.
While there have been notable exceptions in our past (e.g. broadly successful roll-outs of Simulearn’s Virtual Leader) historically, for most organizations, distance learning has meant delivering PowerPoints via webinar.
However, that’s no longer the case. Blueline recently launched: Enspire’s Business Challenge. Business Challenge is a web-based, single or multiplayer simulation in which participants take the helm of a virtual business and compete for market leadership. The simulation is set up and debriefed remotely via Webinar. At the client’s option, it can also be supplemented with a series of case-based elearning modules called Fluent in Finance. It presents a unique combination of elearning, simulation and virtual classroom in its design.
Today, we live at the intersection of technological innovation and learning. We feel that the ROI on remote team-based activities and simulation is so compelling, that we regularly include elements of it in the work that we are proposing and designing for clients this fall.