Why Simulations
Develop Your People Further with Skills Practice Simulations
Simulations are a form of scenario-based learning that engage learners in decision-making exercises, skill practice, and real-world scenarios.
This gives learners a chance for trial and error. They can learn from their mistakes in a safe environment as they upskill and reskill in efforts to make organizations more scalable, faster.
The experience of learning from mistakes is the most powerful and effective way to drive meaningful impact, helping organizations get the best results from scenario-based learning.
WHAT EXPERTS SAY
Industry Researchers Agree – Experience is the Name of the Game
More and more leading industry analysts are discussing the power of experience and simulations.
Brandon Hall Group recently published that the optimal mix of learning was 70% experiential vs 20%/10% for informal or formal learning.
Josh Bersin recently argued that organizations should let AI focus on information-level learning, while L&D teams focus more on developing that deep skill development.
What is a Learning Simulation?
Simulations give learners decision-making practice, so they can learn from mistakes in a safe environment. This type of learning experience is what improves performance and drives new mindsets and behaviors.
THE FUTURE OF SKILLS
The Top 10 Most In-Demand Skills Require Higher-Order Cognitive Skill Development
Before 2027, 60% of workers will be in need of reskilling or upskilling, and 44% of their core skills will be disrupted (World Economic Forum)
Upskilling and development will be key in the coming years to ensure a future of work that is not only equitable, but also profitable.
To keep up, employers need to find a way for L&D to develop the hardest-to-learn skills in their people.
The top 10 skills in-demand by employers are uniquely human and personal. They cannot be developed without significant context, practice, and experience.
Learners not only desire space to practice new skills, organizations now need to deliver this type of learning in their people development vision if they want to avoid falling far behind. With an optimal mix of 70% experiential learning (Brandon Hall Group) in training initiatives, simulations are the best way to achieve the lofty L&D challenges ahead of us.
SCIENCE OF SIMULATIONS
Neuroscience Highlights 5 Reasons Why Sims Work
- Simulations grab your attention because they feel personally relevant. You are put in decisions that feel like the same challenges in your own real work environment
- Simulations trigger deep reflection that ultimately drives self-generated insights… and for adult learners, self-generated insights are key.
- Simulations are effective because your performance, in the form of choices and decisions, is meaningful. Actions that are meaningful drive memory, encoding, recall, and retention.
- Simulation scenarios are challenging because there is usually no one right answer like 1+1=2. Instead, there are trade-offs, competing priorities, and multiple perspectives to consider.
- Simulation are designed to provide the right amount of stress, challenge and pressure to ensure cognitive engagement – without creating cognitive overload.
BUSINESS BENEFITS
Real Life Practice Drives Results
Sim-based experiential learning has become the preferred choice by organizations worldwide to develop critical skills, mindsets, and behaviors.
The impact speaks for itself:
94%
of participants reported applying what they learned in a program to their job function.
15x
ROI against program creation and deployment costs for one client, with a projected $100M increase in total revenue
4x
faster build and development through Regis's SimGate Platform than a custom-built simulation.
DIY or Let Regis Lead for You
Take control of your learning design and development with the option to create your simulations independently, or entrust Regis for expert guidance and seamless execution to achieve your learning objectives.
Want to Learn More about Skills Practice Simulations?
Book your ask-us-anything call right here.