Get started with the business simulation
Running a simulated business in SimVenture Evolution is an authentic and enjoyable challenge. The experiential learning resource is designed to engage learners and it continually presents opportunities to bridge the theory-practice divide in a structured and progressive manner.
Initial activities including ‘Introductory Videos’ and ‘Walkthrough Activities’ provide starting points from which learners progress towards the more complex challenges of running a virtual business in dynamic, uncertain and competitive environments.
Embracing the Power of experiential learning
Our central design focus has been to create an independent learning solution allowing facilitators to work with almost any size of group in class, or remotely. The technology allows tutors to assign work, monitor progress and gather assessment as evidence of learning progresses.
SimVenture Evolution also includes a wide range of support materials to help tutors and facilitators find the right activities to suit learner needs. And our team is constantly developing materials and resources to ensure a rich and varied teaching and learning experience.
To address the issue of ‘ease of access’ to the simulation, we have designed the business simulation to give users a fundamental understanding of running a business, completely independently. Thereafter, working solo or in groups, users are able to build on what they know and apply theory in an authentic learning environment. Whilst Evolution is designed to make learning enjoyable, users must apply all business principles in order to create demand and thus sustain and grow a successful virtual business.
Assessment and feedback
Evolution has built-in technology that allows tutors and teachers to gather and analyse user performance data so that work can be assessed accurately, fairly and quickly. The ‘Control Tower’ functionality also gives academics the opportunity to observe, communicate with and assess student work in real time and regardless of location.
These feedback and assessment systems mean students:
- Engage with tutorials/lectures in a more informed way, asking better questions based on prior experience
- Are more aware of their relative strengths and weaknesses and knowledge gaps – which informs subsequent learning
- Are able to be involved in further work with Evolution at a deeper level within the course or through personal study