Category Archives: Development

Important Updates to the Balanced Scorecard

Revised Financial Performance Metric We have revised the financial performance metric in the balanced scorecard. All games designed after December 27, 2017 will include the new computation. Financial performance will be based upon the average of the firm’s gross profit and net profit from operations. Historically, it has been based upon net profit from operations.… Read More »

Continuing Our Commitment to Student Accessibility

All students can easily, equally, and independently engage with our simulations Civil rights laws have been recently updated. The law now specifically defines what it means for information and communication technology to be accessible to all. Marketplace® Simulations comply with these updated accessibility standards as outlined in the January 2017 refresh of Section 508. We… Read More »

Microsimulations for Business Education

New training tool for your classroom: Microsimulations for Business Education What are the Microsimulations? Microsimulations are optional skill-and-drill exercises that students can use within a Marketplace® Live Simulation. Each exercise takes between 10 to 25 minutes to complete. What is the purpose of the Microsimulations? Over the years, our simulations have been able to provide… Read More »

Enhancements – Coaching Assistant Tool

Coaching Assistant Tool What is it? The Coaching Assistant Tool guides instructors to key coaching points for each team in one dashboard. The Coaching Assistant generates specific coaching points for each team based on their current quarter decision. It also acts as a debriefing dashboard for discussing the previous quarters’ results. How does it work? Instructors have the… Read More »

Social Entrepreneurship Game

For our October game night we tested and played Masti the Social Entrepreneurship Game by Bharat Damani. Ashoka Changemakers has declared the game as a Learning Pacesetter in a Lego Foundation sponsored international competition. The game aims to provide an eye opener to the student, the employed, the business owner, the haves and the have-nots on… Read More »

Key Benefits of Marketplace® Live Supply Chain & Channel Management simulation

Better documentation and ease of use in supply chain negotiations Writing and reviewing supply chain contracts has been greatly simplified and made more intuitive. It is much easier for your students to write, modify and review their contracts. The process now allows back and forth communication between teams before an agreement is reached. There is… Read More »

Relationship Dashboard

Relationship Dashboard Anton Fenik (Ph.D. student at the University of Tennessee) and Dr. Ernie Cadotte have created a Relationship Dashboard for ILS’ Supply Chain and Channel Management simulations. Suppliers and Resellers evaluate their channel partners during the last quarter of the simulation. Each team receives a Relationship Dashboard on how they conducted their business dealings.… Read More »

Innovative Learning Solutions recently introduced the Supply Chain and Channel Management simulation into Marketplace® Live.

We would like to invite you to review the new Marketplace® Live version of the Supply Chain and Channel Management simulation. It includes: All the new Marketplace Live features (details in the ILS blog) New geographic regions Enhanced/redesigned contracts A simplified marketing module The writing and reviewing of supply chain contracts has been greatly simplified… Read More »

A Quick 4 Hour Simulation Covering the Fundamentals of Business

Are you looking for an introductory and integrative simulation that can be completed in under 4 hours? Innovative Learning Solutions would like to announce the addition of the Business Primer simulation to the Marketplace® Live family of simulations. The Business Primer simulation covers all the fundamentals of business, including marketing, distribution, human resources, manufacturing, finance… Read More »

Instructor Interface Redesign

Valuable feedback from faculty has prompted us to rethink our instructor interface design. As a result, we reorganized the available tools and links into categories that will make it faster and easier for instructors to find what they need and when they need it. The new categories will also accommodate any tools and features that… Read More »