Industry Insights

Top Benefits of Using Business Simulations for Corporate Learning

Posted by Holly Lloyd Owen on Sep 14, 2021 2:53:30 PM

In today’s more volatile, uncertain, complex and ambiguous world, leaders must be agile, creative, and flexible, but how can organizations best prepare their leaders for today's challenges and future disruptions? Our infographic below explores the top benefits of using business simulations as an immersive tool for your corporate learning and development needs.

Benefits of business simulations

Business Simulations

A highly effective experiential learning solution

It is said that successful leaders gain 70 percent of their learnings from on-the-job experiences, 20 percent from constructive interactions, and 10 percent from traditional learning courses and reading. The StratX ExL experiential learning approach replicates the 70 and 20 percent by placing leaders of Fortune 500 companies in front of real-life business challenges. Our business simulation-based learning programs offer a transformative approach for equipping leaders with the relevant skills for today and tomorrow.

Discover more about the key skills business simulations help to develop and the StratX ExL business simulation portfolio.

Business simulations at StratX ExL

Topics: Experiential Learning

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