Upskilling the Workforce with Business Simulation
Written by:
Feisal Ismail
Principal Consultant
Sapience Consulting
What Value Do IT Professionals Get From Studying ITIL 4 Foundation?
In the ever-evolving landscape of IT education, traditional teaching methods are making way for innovative approaches that connect with learners in different ways. At Sapience, we are committed to delivering a variety of learning experiences, and that’s why we offer a suite of business simulations encompassing IT Service Management, Information Security Management, Project Management, Agile, DevOps, and Governance. These simulations, enriched with gamification elements and scaffolded learning, are designed to captivate both business and IT stakeholders.
Let us explore the benefits of gamification for the learning community and delve into some trends and relevant statistics that back this learning modality.
Benefits of Gamification for the Learning Community
1. Enhanced Engagement
Gamification leverages elements of competition, achievement, and rewards to capture learners’ attention and maintain their engagement throughout the learning journey. Our business simulations transform a myriad of complex IT concepts into interactive challenges in a safe learning environment that keep participants motivated and invested in their own learning outcomes.
2. Improved Retention
Learn by doing. The interactive nature of gamification enhances knowledge retention. Participants are more predisposed to remember information when they actively apply it to solve problems and make decisions within a simulated environment. This leads to a deeper understanding and application of concepts in real-world scenarios.
3. Practical Application
Gamified simulations bridge the theory-to-application gap by immersing learners in scenarios that mimic the complexities of the real-world. Participants learn by making informed choices, and experiencing the consequences, translating theoretical knowledge into practical skills.
4. Fast Feedback
Gamification provides fast feedback, allowing participants to assess the outcomes of their decisions in real time. This feedback loop accelerates the learning process as participants can learn from their mistakes and fine-tune their strategies and approaches.
5. Collaborative Learning
Gamified simulations encourage collaboration and teamwork. Participants are placed in scenarios where they must work together to achieve common objectives, mirroring real-world dynamics. Our business simulations is also ideal for team-building.
If you are yet to be convinced, here are some relevant statistics related to simulation and gamification.
There has been rapid adoption. The adoption of gamification in enterprises has seen rapid growth in recent years. According to a report by Mordor Intelligence, the global gamification market is expected to grow at a CAGR (Compound Annual Growth Rate) of around 24.5% between 2022 and 2028.
1. Improved Employee Engagement. A study by Gallup found that engaged employees are 17% more productive and are 24% more likely to stay with their current organization. Gamified learning experiences contribute significantly to increased engagement levels among employees.
2. Skill Development. A PwC study highlighted that 73% of CEOs believe that a lack of skills is a significant threat to their business. Simulations can bridge this gap by providing continuous skill development opportunities (and an effective tool for gap analysis) that align with industry trends, best practices as well as organizational needs.
In conclusion, as we navigate the dynamic landscape of IT education, gamification and simulation emerges as a powerful tool to revolutionize the way we learn and acquire knowledge and skills. Through interactive business simulations, our training company bridges the gap between business and IT stakeholders, enhancing engagement, retention, and practical application of knowledge. With transformative gamified learning experiences, we’re empowering learners to thrive in the ever-evolving IT industry, one engaging challenge at a time.
Ready to take the next step in transforming your workforce? Explore our range of business simulations below and embark on a journey of innovation and growth. Sapience can also tailor the simulations to meet your organisation’s unique needs, click on the links below to enquire more and let’s embark on this exciting learning adventure together!
