SlideShare a Scribd company logo
Kaspars Roze
Global Head of Business Development
Minvydas Latauskas
Head of Product Development
Simulations for business and education
PRACTICEKNOWLEDGE SKILLS+ =
training, education, and personnel assessment,
based on business simulations
Simformer formula
What we add to knowledge
PRACTICEKNOWLEDGE SKILLS+ =
On-line 24/7
Off-line
MOOC
MOOC
MOOC
Universities
Universities
Universities
Trainers
How we do this
BUSINESS SIMULATION
DEVELOPMENT TOOLS
LMS
Text, video, audio, PDF…
Flexible learning process
Popular LMS: Moodle
Create and customize
simulation
Upload and adapt your
content
Manage individual or group
dynamic
1 000 000 registered users
50 000 active players
Direct access 24/7
Single and Multi-user
P2P non stop simulation
All core business processes
20+ industries, 200+ products
Marketing
Strategy
Finance
Logistic
Sales
R&D
HR
…
How it works: examples
Vilnius University & Simformer
Quality management
course by
Dr. Dalius Serafinas
PRACTICEKNOWLEDGE SKILLS+ =
The problem — to understand Quality management you need:
Systematical view of the business and its processes
Knowledge of the whole business value chain
Practical experience in business management
,,
,,
The solution:
Business simulation with global virtual economy in order to form an
understanding of the business as a system
Keep the focus on QM and how it’s linked with other business
processes
,,
,,
Quality management course
Quality management
course by
Dr. Dalius Serafinas
Theory
Cases
Seminars
Virtual economic
and business
Connecting theory
and practice
Real and virtual
business based case
studies
PRACTICEKNOWLEDGE SKILLS+ =
System comprehensive
approach
Decision making
Analytical skills
Course timeline and results
MARCH APRIL MAY
Start
Business simulation
based exam
60 students
Managed
22 virtual companies
2
bankrupt
3
billionaires
17
profitable
Student`s feedback
Business Information Management is a study program of great value.
Quality management is not only good shoes.
Students can enjoy learning a lot.
Experience & „know how“ > $.
It is not that easy to be a businessman.
Learned that business is not a ”mystical creature“.
In this game I have gained a beter understanding of
academic side of the study as well as analytical and
practical side of business.
How can one actually utilize university
knowledge in business!
,,
,,
,,
,,
,,
,,
,,
,,
,,
,,
,,
,,,,
,,
,,
,,
Teacher feedback
Dr.
Dalius Serafinas
Teaching: helping to learn and understand
Less preparations: virtual economy does the job
Theory > virtual business > real business
Cross subject teaching
Developing practice based skills
Sharing the knowledge
Huge student involvement
Systematical approach to business management
Knowledge sharing among students
Highly impressed business representatives
Quality management course on Simformer
BUSINESS SIMULATION
DEVELOPMENT TOOLS
LMS
Theory, Cases, Syllabus,
Classic students evaluation,
…
Simulation configuration for
Quality management course
Students evaluation in
simulation
Dynamic virtual business
environment available online
24/7/365
Virtual business based
case studies
Group and individual
assignment
On-site and distance tasks
UniCredit & Simformer
22 regional top
managers
Team and individual
setup
6
non-stop hours
…develop strategic thinking, analytical skills, creativity, resistance to stress,
ability to make quick decisions in limited time…
,,
,,Initial
task
Simformer decision
A very dynamic business game:
3 hours classic training + 3 hours in business simulation
Corporation in
financial distress
Recalculations
Game rules
Game
results
10:00 11:00 12:00 13:00 14:00 15:00
Task
Task
execution
Presentation
Analysis
Task
Task
execution
Presentation
…
…
…
…
Game formats
Team setupIndividual setup
ANALYTICAL SKILLS
STRATEGIC THINKING
DECISION-MAKING
ACTIVITY
TEAMWORK
LEADERSHIP
ACTIVITY
COMMUNICATION SKILLS
Participant and customer feedback
…the scores for NPS in excellent…
…70% of participants would actively
recommend Simformer game moderators as trainers…
… 65% of them would actively recommend the training…
,,
,,
,,
,,
Business game on Simformer
BUSINESS SIMULATION
DEVELOPMENT TOOLS
LMS
Game concept video,
Practice, Cases, Assignment,
…
Simulation configuration for
business game
Participant evaluation in
simulation
Dynamic virtual business
environment available online
24/7/365
Virtual business based
case studies
Group and individual
assignment
On-site and distance tasks
Change your education
Apply Simformer to minimize
the gap between reality and
different types of education,
seminars, and trainings.
Learn faster, better.
Reality
MOOC
Academic
Education
Trainings
Seminars
Corporate
Education
Create, support, develop
on-line and on-site
training and education
products anywhere anytime.
Access simulations on-line
24|7|365.
∞
Add new value
to existing education,
training and employee
assessment solutions.
Join the gamification trend
in the e-industry.
Simulation
SIMULATED REALITY NEW VALUE 24|7|365
Kaspars Roze
Global Head of Business Development
Minvydas Latauskas
Head of Product Development
You questions?

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Simformer - business simulations for education. What is it?

  • 1. Kaspars Roze Global Head of Business Development Minvydas Latauskas Head of Product Development Simulations for business and education
  • 2. PRACTICEKNOWLEDGE SKILLS+ = training, education, and personnel assessment, based on business simulations Simformer formula
  • 3. What we add to knowledge PRACTICEKNOWLEDGE SKILLS+ = On-line 24/7 Off-line MOOC MOOC MOOC Universities Universities Universities Trainers
  • 4. How we do this BUSINESS SIMULATION DEVELOPMENT TOOLS LMS Text, video, audio, PDF… Flexible learning process Popular LMS: Moodle Create and customize simulation Upload and adapt your content Manage individual or group dynamic 1 000 000 registered users 50 000 active players Direct access 24/7 Single and Multi-user P2P non stop simulation All core business processes 20+ industries, 200+ products Marketing Strategy Finance Logistic Sales R&D HR …
  • 5. How it works: examples
  • 6. Vilnius University & Simformer Quality management course by Dr. Dalius Serafinas PRACTICEKNOWLEDGE SKILLS+ = The problem — to understand Quality management you need: Systematical view of the business and its processes Knowledge of the whole business value chain Practical experience in business management ,, ,, The solution: Business simulation with global virtual economy in order to form an understanding of the business as a system Keep the focus on QM and how it’s linked with other business processes ,, ,,
  • 7. Quality management course Quality management course by Dr. Dalius Serafinas Theory Cases Seminars Virtual economic and business Connecting theory and practice Real and virtual business based case studies PRACTICEKNOWLEDGE SKILLS+ = System comprehensive approach Decision making Analytical skills
  • 8. Course timeline and results MARCH APRIL MAY Start Business simulation based exam 60 students Managed 22 virtual companies 2 bankrupt 3 billionaires 17 profitable
  • 9. Student`s feedback Business Information Management is a study program of great value. Quality management is not only good shoes. Students can enjoy learning a lot. Experience & „know how“ > $. It is not that easy to be a businessman. Learned that business is not a ”mystical creature“. In this game I have gained a beter understanding of academic side of the study as well as analytical and practical side of business. How can one actually utilize university knowledge in business! ,, ,, ,, ,, ,, ,, ,, ,, ,, ,, ,, ,,,, ,, ,, ,,
  • 10. Teacher feedback Dr. Dalius Serafinas Teaching: helping to learn and understand Less preparations: virtual economy does the job Theory > virtual business > real business Cross subject teaching Developing practice based skills Sharing the knowledge Huge student involvement Systematical approach to business management Knowledge sharing among students Highly impressed business representatives
  • 11. Quality management course on Simformer BUSINESS SIMULATION DEVELOPMENT TOOLS LMS Theory, Cases, Syllabus, Classic students evaluation, … Simulation configuration for Quality management course Students evaluation in simulation Dynamic virtual business environment available online 24/7/365 Virtual business based case studies Group and individual assignment On-site and distance tasks
  • 12. UniCredit & Simformer 22 regional top managers Team and individual setup 6 non-stop hours …develop strategic thinking, analytical skills, creativity, resistance to stress, ability to make quick decisions in limited time… ,, ,,Initial task
  • 13. Simformer decision A very dynamic business game: 3 hours classic training + 3 hours in business simulation Corporation in financial distress Recalculations Game rules Game results 10:00 11:00 12:00 13:00 14:00 15:00 Task Task execution Presentation Analysis Task Task execution Presentation … … … …
  • 14. Game formats Team setupIndividual setup ANALYTICAL SKILLS STRATEGIC THINKING DECISION-MAKING ACTIVITY TEAMWORK LEADERSHIP ACTIVITY COMMUNICATION SKILLS
  • 15. Participant and customer feedback …the scores for NPS in excellent… …70% of participants would actively recommend Simformer game moderators as trainers… … 65% of them would actively recommend the training… ,, ,, ,, ,,
  • 16. Business game on Simformer BUSINESS SIMULATION DEVELOPMENT TOOLS LMS Game concept video, Practice, Cases, Assignment, … Simulation configuration for business game Participant evaluation in simulation Dynamic virtual business environment available online 24/7/365 Virtual business based case studies Group and individual assignment On-site and distance tasks
  • 17. Change your education Apply Simformer to minimize the gap between reality and different types of education, seminars, and trainings. Learn faster, better. Reality MOOC Academic Education Trainings Seminars Corporate Education Create, support, develop on-line and on-site training and education products anywhere anytime. Access simulations on-line 24|7|365. ∞ Add new value to existing education, training and employee assessment solutions. Join the gamification trend in the e-industry. Simulation SIMULATED REALITY NEW VALUE 24|7|365
  • 18. Kaspars Roze Global Head of Business Development Minvydas Latauskas Head of Product Development You questions?