Tag Archives: Business Simulation

5 Teaching Methods to Maximize the Learning Potential of Business Simulations

Are you hoping to incorporate a business simulation into your course this semester, but struggling to build a pedagogy around it? Here are five proven methodologies to make the most of business simulations and reinforce your learning objectives. 1) Become a business coach Business simulations provide a unique opportunity to develop students’ critical-thinking skills. But… Read More »

8 Reasons to Incorporate a Simulation into Your Course in 2018

Are you on the fence about integrating a business simulation into your lesson plan for the upcoming semester? Here are eight reasons why both you and your students will benefit from using online business simulations in the new year. 1. Expose students to realistic business situations Business simulations help prepare students for decisions and situations… Read More »

Introducing Microsimulations- A New Tool to Engage Students in the Classroom

The challenge with how to engage students in the classroom is a rite of passage in higher education. Studies show that students who participate in the learning process are more focused, retain more knowledge, and are better equipped to tackle higher-level problems requiring critical thinking. Retaining students’ attention against the distractions offered by laptops and… Read More »

Fall 2014 Marketplace® Train-the-Trainer Seminar

Innovative Learning Solutions will be hosting the bi-annual, FREE Train-the-Trainer event in Knoxville, Tennessee from Monday, October 27 until Wednesday, October 29th. Dr. Ernest Cadotte, the author of the Marketplace® and Marketplace® Live business simulations, will lead this training seminar for current or prospective Marketplace instructors. With the help of the development and support teams, participants… Read More »

How the Smith EMBA Business Program uses Marketplace

[youtube 3Zcvf4Uum24 nolink] It’s great to see how much fun our customers have pulling everything they’ve learned into the simulation. At the end of a 2 year EMBA program at the University of Maryland our simulation is used in an intensive one week program where teams compete against each other. Fun and exhausting at the… 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 »

Using Marketplace® in the Classroom and as a Research Platform

Since 2001, close to 500,000 students and executives have benefited from Marketplace® simulations. As a result of its widespread adoption and realistic decision environment, Marketplace is becoming a focal point of scholarly research into the simulation pedagogy and management theory and practice. Are you interested in doing research on pedagogy or management theory and practice? … Read More »

Automated Grading Tool

There is an automated grading system available in Marketplace® Live Simulations. The new grading system computes a grade for each team and student at the end of the exercise. The grade reflects how well the team has performed on the cumulative balanced scorecard relative to the performance of the other teams in that game universe,… Read More »

Event Announcement: October Train-The-Trainers

ILS will be hosting the bi-annual, FREE Train-the-Trainers event in Knoxville, Tennessee from October 7th until October 9th. Dr. Ernest Cadotte, the author of the Marketplace and Marketplace Live business simulations, will lead this training seminar for current or upcoming Marketplace instructors. With the help of the development and support teams, participants are exposed to several… Read More »