5 Benefits of Business Simulators
Currently, business simulators have become a tool that helps teachers from various areas to compose classes, free courses, lectures, disciplines etc. In this sense, they have a high value in complementing the curriculum of undergraduate or graduate programs in the areas of business, administration, logistics, and people management.
Therefore, in today's article, we bring some information about the benefits of business simulators to inspire educators from various segments to use this tool. See below the five main benefits of this methodology. Enjoy reading!
1) Your students can have an immersive experience
In short, business simulators provide your students with the perfect union between theory and practice, allies of the teacher in the classroom routine. This is because, with a game or virtual simulator, it's possible to experience a business reality in the digital world.
In this sense, the elements of gamification used to compose the activity allow the student to use theoretical knowledge acquired in classes to participate in the business simulator. In other words, they experience management practice, safely, activating the content they have just learned.
2) Greater participation
Business simulators are basically serious games, where the student becomes responsible for managing a business, supply chain, organization, or sector. In this way, with the activity being dynamic, intuitive, and interactive, it's common for there to be active participation in it.
Moreover, it's a way to allow the student to have an immersive experience, that is, to live what they learned in theoretical classes, in practice. Thus, they become an agent of their own learning process and the tendency is to participate with greater engagement.
3) More motivation in classes
What motivates us to perform a task or pay attention to important content? With games and business simulators, it's easier to motivate an entire class of students. This is because these activities stimulate the participant to seek knowledge through challenges, missions, and the plot itself.
Furthermore, a simulation allows for creating a competitive environment in a healthy manner, stimulating healthy competition and boosting teamwork. And the task itself brings motivation for the student to seek more knowledge and advance in the game/simulator.
4) Knowledge retention
According to experts, during a completely expository class, students absorb about 20% of the content. However, when performing practical activities, combined with theory, content retention becomes approximately 80%.
Thus, by inserting business simulators, or other activities with gamification elements, it's possible to ensure that students have better learning conditions. After all, with a simulator, they can activate various parts of knowledge by experiencing real situations and being able to make their own choices.
5) Development of critical thinking
One of the main elements of electronic games, used in business simulators for education, is decision-making to overcome challenges and complete missions. With a real context in a virtual dimension, the student will have to be flexible and adapt to perform tasks.
This experience stimulates critical thinking, based on strategies, and allows the participant to use autonomy to deal with the simulation. Thus, they learn from mistakes and successes, receiving instant feedback on their actions within the dynamic.
Do you know OGG Business Simulators?
OGG is a pioneer in the development of games and business simulation, with a 100% virtual platform in Brazil. Our solutions include decisive aspects of strategic administration in any business simulator. Additionally, we promote student socialization with customizable gamified activities for undergraduate, graduate, and MBA courses and disciplines.
To learn more about OGG Business Simulators or other solutions for gamification in the classroom, visit our website and find out more!
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