Who are Smartsims? Smartsims are a pioneer in the simulation industry, with over 20 years’ experience in higher education and corporate training. Our fun and easy-to-use business simulations feature in colleges, universities, high schools and companies in 20 countries around the world.
In our MikesBikes Introduction to Business Simulation and our MikesBikes Advanced Strategic Management Simulation the main performance indicator is Shareholder Value (SHV). So of course one of the most common questions students ask is “how do I increase my shareholder value”? What is Shareholder Value? Shareholder Value (SHV) is the value to an investor of owning … Continue reading How to Increase Shareholder Value in MikesBikes
We’re in the midst of a digital revolution, with rote learning and static classrooms becoming a thing of the past. Experiential learning is the future of education, with business simulation games becoming the norm in universities and colleges across the USA, in particularly in the Midwest*. Each year more and more business schools are offering business simulation … Continue reading 3 Reasons Why Experiential Learning is the Future of Education
Delivery performance is based on several factors. If you produce enough to meet demand, then your delivery index will be high, as your customers generally can buy your goods as soon as they want them. If you don’t produce enough to meet demand, then your delivery index will decrease as your customers have to wait … Continue reading Question of the Week: How do we increase our delivery rate?
Anyone who’s tried to find a job lately knows how tough the market is. Employers only want to recruit people who tick all the boxes, including prior industry experience. This poses a significant problem for graduates. So what can universities and community colleges do to help their students become successful job applicants once they graduate?
As I write this we are approaching the final concept stage in the development of our exciting new simulation interface. These will be released as they become available over 2018.
King’s Own Institute (also known as Australian Institute of Business Management) instructor, Rex Walsh (pictured above) was over the moon when he found out that one of the teams in his class achieved the top spot in the MikesBikes Introduction Hall of Fame. A big congratulations to Dashcycle and Rex for this amazing achievement! We interviewed Rex … Continue reading MikesBikes Introduction Simulation in a Business Project Course
“It’s not the will to win , but the will to prepare to win that makes the difference.” Paul Bryant Students across the world were invited to join the SuperFan Quiz competition to answer questions about MikesBikes Advanced and MikesBikes Introduction with the fastest time and with the most correct answers. Out of over 200 participants, we now have … Continue reading 2017 MikesBikes SuperFan Quiz Winners
The article below is written by one of our MikesBikes Introduction instructors, Harold Lowe from Nova Scotia Community College in Canada.
The article below is written by Daniel McCarty, an instructor currently using MikesBikes Introduction within his course at St. Clair Community College. Background Here in the U.S., community colleges offer the first two years of a traditional four-year degree. They are fairly local in their appeal, and offer significant convenience and cost savings vs. proceeding … Continue reading Using the MikesBikes Business Simulation at a Community College