Business Simulations are replication of real industry or corporate situations. These are built on computers and are then used for training the employees and observing that how do they behave in the given circumstances.
Simulation exercises are used to train the employee skills, their understanding and their learning from the programs.
Different types of simulators: You can find different types of simulators for different business situations. Some of the most commonly used business simulators are mentioned below:
Role Playing Exercises: These simulators allow the employees to be put into a specific managerial role and then perform as if they are actually in the role. The employees interact may be on end of phone to some other at the other end. These types of simulation exercises are ideal for sales job, training for call center or customer service centers, for front office executives. They are often used in training the front level and new hired employees.
Leadership Training Simulators: Simulation exercises are often specifically designed in order to enhance one’s leadership skills. These programs help to build enhance and test the leadership principles of your employees. You can make a series of situations and then test your employees by testing their performance with real world like decisions.
Employment Simulators: Employment simulators are used to give success to you in hiring the people that are right and that suit the requirement of your office. It helps you to avoid getting any incompetent or dishonest or inefficient employees.
Employment simulators help you to assess the job requirements and then accordingly search for right candidates.
Others: Many other types of business simulators are available for training employees. Simulators are available for legal issues as well as for advertising campaigns and product development. All these simulators help to develop and improve your business.
Simulators are just a replication of real world situation. However they can not replace a real word or corporate situation. Hence on the job training is must after the simulation exercises. Simulations only assist the management and HR in training employees and making them set for getting into the real shoes. They help employees to overcome their errors and perform to the best of their abilities.
Business and other forms of simulations can be adopted in your company and can form an integral part of your training programs. They can be used before the hiring is done, after hiring is completed, during the training period and even after the training.