How To Teach Business Strategy With a Simulation Game

Strategy is one of the most difficult business concepts to teach and learn.

Those of us who grew up playing board games likely have an advantage. Board games are an effective way to experience and practice strategy — but they are not nearly as good as software simulation.

Why? Because board games take a long time to play, and only a few people can play together. Games with deeper strategy require so many hours of play and so many rules to follow that they are not practical for most educational environments.

A business simulation enables deep gameplay that is more widely accessible and can be played by many people together in person or online, synchronously or asynchronously. And, it can provide data — lots of data.

In this video, I demonstrate how we use a Strategy Guide in an online business simulation game to help students add structure to strategic thinking and use data results to apply evidence-based decision-making.

Check it out ...

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I'm Mathew Georghiou and I write about how games are transforming education and learning. I also share my experience as an entrepreneur inventing products and designing educational resources used by millions around the world. More about me at Georghiou.com