What is a business simulation?
A business simulation is a highly immersive, web-based challenge that puts participants on realistic business scenarios that reflect today’s competitive world.
The challenge can be adapted to run a highly intense 3-day program or stretched over a more comprehensive 2-week experiential learning journey, depending on your business objectives and needs.
We use this digital learning solution alongside other blended learning tools, exercises and challenges to create an impactful learning experience for teams and equip leaders with key relevant skills of today and tomorrow.
"Learning is experience.
Business Simulations at StratX ExL
Our experiential learning initiatives use a wide range of modalities and tools to create a meaningful learning environment. Explore our suite of business simulations below, created and developed by our in-house experts, and see why our business simulations get participants talking about our programs for years to come.
CentrX B2B For Future-Proof Leaders & High-Performing Teams
Centrx B2B is a highly engaging learning solution for leading B2B firms. Our initiatives meet a wide range of B2B business needs such as mastering commercial and marketing excellence, enhancing business acumen and customer-centricity to developing the leaders of today and tomorrow. Discover how we helped transform a leadership program using CentrX B2B.
CentrX BioPharma Towards Holistic Patient Experience
A biotechnology and pharmaceuticals learning solution focusing on the six critical areas of development in the industry; leadership, commercial strategies, multi-stakeholder value, holistic patient experience, engagement in a digital world, and the startup mentality. See our BioPharma case studies.
BOSS for Customer-Driven Innovation
The BOSS simulation designed in collaboration with the authors of the book Blue Ocean Strategy enables participants to experience Blue Ocean Strategy methodologies and helps organizations to create a culture of customer-driven innovation. See our Casebook.
StratX Partner Simulations To Boost Business Performance
We also work with our long-term partner, StratX Simulations, to provide the Markstrat, BrandPRO, MixPRO, Digital MediaPRO and the BOSS simulations within our management development programs.
Measuring impact with business simulations
For any learning and development program to be a worthwhile investment, it needs to lead to tangible benefits to the organization. At StratX ExL, we use a variety of globally recognized methods of evaluating the impact of our corporate programs including the gold standard in program evaluation—the New World Kirkpatrick model.
The Kirkpatrick approach focuses on four distinct levels of program : Evaluation-Reaction, Learning, Behavior and Results, which is introduced to the employees prior to the beginning of the program, so the process of reflection is pre-empted. We supplement the Kirkpatrick methodology with additional tools such as Net Promoter Score (NPS), Formetris, TypeForm & Survey Monkey.
To find out more on how we measure learning impact, download our Experiential Learning for Impact: A User’s Guide.
