PRESENTATION ON BUSINESS GAMES

PRERNA PRIYANKA BHATI JYOTI GUPTA PURTIKA CHESTA

MEANING OF BUSINESS GAMES

Business games are the type of simulators that try to present the way an industry, company, organization, consultancy, or subunit of a company functions. Basically, they are based on the set of rules, procedures, plans, relationships, principles derived from the research. In the business games, trainees are given some information that describes a particular situation and are then asked to make decisions that will best suit in the favor of the company. And then the system provides the feedback about the impact of their decisions.

FEATURES OF BUSINESS GAMES

Business game is based on a model. Models are replicas of any sections of reality. -Business game takes place on a defined game field. -The game of chess is based on rules. These rules determine the own actions as well as the feedback of the game model. -The game situation creates a competitive situation

CONTD..
-The acting of the players requires decisions. -The decisions and consequences from their are without risk in relation to reality. -Business game is results-oriented. (problem solution) -In the business game, strategies can are tested.

BENEFITS OF BUSINESS GAMES

BENEFITS OF BUSINESS GAMES

It develops leadership skills

It improves application of total quality principles It develops skills in using quality tools

CONTD.
It strengthen management skills It demonstrates principles and concepts It explores and solves complex problem

TYPES OF BUSINESS GAMES

a)degree of freedom of the decision area Free games (free decisions without solid prestructuring) - Fixed games (only the choice between limited alternative choices is possible) b) decision-dependence - Deterministic games (results are entirely dependent on the decisions of the players) - Stochastic games (random elements can affect the results)

CONTD.
c) influence of other playgroups - Interactive games - Non-interactive games d) the complexity of the game model - Simple games - Complex games e) evaluation of the Games - Manual Games - Computer-based games

15 PRINCIPLES OF BUSINESS GAMES

CLEAR GOALS OPERATIONAL CLARITY ITS THE CONVERSATION,STUPID ENGAGING CONTEXT/CONVINCING STORYLINE RICH OFFGAMES,CONVERSATION,PROPS,SCENARIO AND INTERVENTIONS SUPPORT LEARNING OBJECTIVES

CONTD.
SUPPORTS LEARNING OBJECTIVES REQUISITE DIFFICULTY CLOSURE THE UNEXPECTED FUN FAMILIER BUSINESS TERMS & CONCEPTS NOT A TECHNOLOGY SHOWCASE NOT A CALCULATOR

CONTD.
BIG CLIMAX FAIR AND RESONABLE