Microworlds - business simulations for individuals
Our business simulations demonstrate the importance of the balance of both
tangible and intangible resources. Learning to identify the key resources in a
business and understanding the relationships between them is important for good
decision making. Microworlds can be used either as:
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an exercise in learning about the dynamics of business - they are often used
in the teaching of System Dynamics
OR
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as the first stage in learning more about the Strategy Dynamics approach which
can be applied to all sizes of business organisation and also applies to
not-for-profit concerns.
Although designed primarily for tutored groups, our
Microworld simulations support personal learning too. They are rich in
materials but not over-complicated, and the messages behind them are clear
and intuitive.
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Further links
Why use business simulations and the philosophy
behind our Microworlds
Are Microworlds suitable for academic use?
Microworlds in executive education and corporate
training departments
Are Microworlds suitable for individual use?
Overview of licensing options
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Simulation features
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Microworld documentation includes substantial
background material, and suggested further readings.
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Instructions and online help to guide you
through using the simulation.
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These simulations are designed to test insight
and management skill, simply putting in decisions and hoping for the
best won't work! You need to work up an understanding of what is going
on, and a coherent plan for steering the business to prosperity.
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A number of
publications about Strategy Dynamics are also available that will help
you learn more about planning strategy using these methods. We recommend
starting with the executive
summary
as an introduction to the approach.
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Each microworld includes a variety of management
challenges - pre-set situations for you to test your insight - and you
can create your own challenges too.
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Each of the simulations is designed to communicate specific learning points, so
have a look at the selection available of
microworlds available to find the one most relevant for your needs -
information about each can be found under the "more information" link.
Learning about Strategy Dynamics can be achieved in stages
depending on your learning style and requirements.
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