The document discusses the design of business simulations for learning. It explores how simulations can balance realism with a focus on learning objectives. While realism is important for engagement, the author argues simulations should prioritize developing wisdom over replicating reality. Strategic design elements include simplicity, focusing on key decisions and outcomes, dynamic interactions, and ensuring the experience is appropriately challenging and engaging for learners. A case study demonstrates how these principles were applied in a simulation designed for an electrical distributor.