MicroWorld management simulations have capabilities that are far greater than that of any other training methods due to the extremely high involvement of participants during the simulation and thanks to real life proximity.

Hands-on experience provides a better and faster training because the gained experience anchors in managers' minds and emotions, dry financial data come to life, and experiential learning moves managers out of their comfort zone stimulating fresh ideas.

The intensity of competition drives participants to perform better and consequently achieve an extremely high transfer rate to their jobs. MicroWorld learning goes beyond traditional lectures or case studies; it tries to emulate experience through "learning by doing". MicroWorld is the "flight simulator" for business managers. MicroWorld participants effectively learn how to:

The MicroWorld simulation storyline is based on real-world business dynamics, and the outcomes of decisions are based on analysis and research of real market dynamics and companies. Participants effectively learn to apply the newly acquired knowledge in a simulated business world.

As participants are confronted with business decisions and situations that are commonly encountered in real life, the important business principles become a part of their natural thinking. In addition, the simulation is supported by learning material with examples from different industries. It is a deeply strategic and tactical exercise just as in real life, where participants will improve their business acumen by:

MicroWorld's simulation program was designed and tested by business managers and consultants with strong backgrounds in running different types of industries.

MicroWorld simulation places the user in a realistic business environment, where participants are asked to run a business successfully. In addition, learning is supported by practical tutorials.

Discovery Approach
Particpants begin the simulation without a great deal of prior knowledge on the simulation itself. They actually "write" the storyline and "discover" what they know or don't know.

Realistic scenarios
MricroWorld provides users with realistic contexts in which to test and develop their understanding, knowledge and competence. This is the best way to insure that they have experience in the type of situations they will face in their real jobs. Actions, decisions, and results must be grounded in real-life experience.

Feedback and support
Participants are immediately placed in the simulated environment, where they determine whether they can solve the problems and achieve the goals that the simulation presents. It is critical that they receive constant, consistent, high-impact feedback on their progress and the results of their actions. If they need more information or help, there are multiple opportunities to access supporting resources (text based contents, online service line).

This sample program demonstrates MicroWorld supporting a two/three days course, suitable for business managers. A basic familiarity with business and financial concepts is assumed for participants in this program.
 

At the end of each virtual business year, the facilitator performs debriefing sessions which include a comparative analysis of each company's strategy, performance and areas for improvement.

The onsite simulation seminar will enhance managers' people skills by

 

The inclusion of engaging theory sessions in combination with dynamic decision cycles ensures that participants can immediately apply their newly acquired knowledge thus assuring a lasting knowledge impact.