In this course, in two of my classes in lower and higher vocational training, I will use simulation-based management training program that integrates and reinforces knowledge and skills learned in previous courses and current as well.
I will use a simulation software, called Empresaula. It gives me very possibilities, specially, in customized assessment of students.
The simulation employs a competitive market environment in which students build a business from the ground up to enter the new business created by them. The teams are tasked with introducing a new line of products or services into several national markets: other students that they are learning with this methodology.
The simulation requires students to form executive teams consisting of seven or eight members. Within each team, students work as the head or worker of specific functional areas. Throughout the decision rounds, they conduct market analyses, make tactical decisions with regards to product design, manufacturing capacity, inventory management, human resource management, sales channel planning, advertising, and financial accounting (a little bit).
On the one hand, by students, simulation-based management training program is motivating to students because they are learning by doing and it does that, they are actives all the class. For example, if they arrive it a sale from other company, they must to send it, because they need that team and company run well and they can reach to proposed goals.
On the other hand, by the teachers, to start this methodology imply significant work because it must have both the clear objectives to teams and to every student as well. Moreover, teacher must conduct executive briefings on a weekly basis. Each team meets with him for about fifteen minutes to discuss and justify the decisions that they are planning to make for the next fortnight. It's true, that's more work in the beginning, but when you can see all students involved in your company is very pleasant.
In summary, Simulation-based pedagogy offers an experiential learning process that emphasizes repeated action, reflection, accommodation, and testing. This process allows students to refine their knowledge and developed business skills. As such, simulation based-pedagogy can be implemented in any subject. This is experiential learning opportunity for all students to develop an understanding of business with a fun, intro-level business simulation.