“Education is not the learning of facts, but the training of the mind to think” – Albert Einstein Instructors have felt the pull away from traditional teaching methods such as pure theory and case studies thanks to technological advancements in ICT and education. The student of today has been raised in an environment of connectivity … Continue reading The Benefits Of Business Simulations
This video demonstrates how to modify an existing product in the MikesBikes Advanced Strategic Management Simulation. You should also watch the MikesBikes Advanced Video 5 – Design & Development video. Below is the script for this video: This video will demonstrate how to modify an existing product in MikesBikes Advanced. This is done by: 1) Creating … Continue reading Tutorial Video: How To Modify an Existing Product in MikesBikes Advanced
There are many reasons you should consider implementing experiential learning in the form of business simulations in your business course. Here at Smartsims we consider the following to be the best. Information Retention: Students are 80% more likely to retain the information as students are actively learning rather than listening, reading or writing about a … Continue reading Why use Business Simulations?
Anthony McCollum (above), a student at Ohio State University, achieved quite an amazing feat with the support of Professor Livengood. Anthony took 15th place in our Top 20 Hall of Fame for MikesBikes-Advanced in only six rollovers with a Shareholder Value of $977.18. Why is this significant? What does it mean? Our Hall of Fame … Continue reading Anthony McCollum Shares His Journey To The Hall Of Fame
We are delighted to announce the launch of our new company logo as part of the ongoing evolution of the Smartsims brand. This is the first step of many planned for 2016 and 2017 to take user experience and student engagement to the next level. The new logo stems from the ambition to modernize the … Continue reading Smartsims Unveils New Company Logo
Research has found that inquisitive people are generally judged to be more intelligent and engaged. What does this mean? Don’t be afraid to ask questions and take every opportunity to do so. This is certainly one of the best methods to gain knowledge and develop your understanding. Here are some questions from a previous Q&A session … Continue reading May 3rd MikesBikes-Intro Q&A Session
A Highly Effective and Powerful Learning Methodology For Learning both Hard and Soft Business Skills By Don Jones It has been known for thousands of years that experience is a powerful way of learning. The famous and often quoted words of the 6th Century B.C. Chinese Philosopher Lao Tsu echo the ancient wisdom that underlies … Continue reading People Development and Learning Through Simulation
The video above will show you how you can launch a new product in the MikesBikes Advanced Strategic Management Simulation. The written script for the video is below: “In MikesBikes Advanced, you can choose to undertake Product Development to enable you to launch new products and modify existing products. In this short video, I will … Continue reading Tutorial Video: How To Launch A New Product in MikesBikes Advanced
Student dropout rates cause serious concern for society and higher-education institutions. A 1993 study showed 40% of students leave without receiving a degree and 75% of those drop out within the first two years of college (Tinto, 1993). This has shown little improvement over time. In 2013 only 59% of students of students graduated within … Continue reading The Solution to Student Dropout Rates
Sun Tzu was a legendary Chinese military general who authored The Art of War, an ancient book on military strategy. His principles have been used by leaders for over 2,000 years, and today are used by business strategists to gain the competitive edge. As a student using the MikesBikes Business Simulation you not only … Continue reading The Art of War and MikesBikes