Simulations vs. "the Sage on the Stage"
Hear from university faculty why they are using simulations in their classrooms and what they’re achieving.
Hear from university faculty why they are using simulations in their classrooms and what they’re achieving.
Introducing the Julia REPL.
See a video with the Everest Leadership and Teamwork simulation in action! Presented by simulation co-author Prof. Michael Roberto.
Simulations work best when they are fun, accessible, clear, and educational. See some examples of how these attributes can be applied for different audiences and different kinds of simulations.
Avoiding risk when making decisions that are difficult to retract is why business prototyping is so important. The realism of the prototype you create should vary according to the complexity and consequences of the decision you’re making.
Learn how to use the right kind of model for each situation.
We analyze several key studies on how and why simulations are effective teaching tools.
A few of our favorite resources on system dynamics, simulations, and computer modeling.
Use our Near Beer simulation to build intuition and understanding about the bullwhip effect and other aspects of a supply chain.
How to make sure your simulations contain all the elements of your favorite sci-fi novel: setting, plot, theme, and moral.
Verify a model by examining its assumptions, technical structure, behavior, and the business policies it represents – not by asking how realistic it is.
Don’t confuse operational effectiveness with strategy: Outsourcing programmers can lead to losing your capacity to innovate.
This business strategy, conceived by Gillette in 1906, uses aftermarket sales (e.g. razor blades) to eclipse primary product sales (e.g. razors) in both revenue and profit. Use our simulation to learn about developing an aftermarket strategy.