A1 Refereed original research article in a scientific journal
Plan for profit and achieve profit: lessons learnt from a business management simulation
Authors: Töyli J., Hansén S.-O., Smeds R.
Publisher: Taylor & Francis
Publication year: 2006
Journal: Production Planning and Control
Journal name in source: PRODUCTION PLANNING & CONTROL
Journal acronym: PROD PLAN CONTROL
Volume: 17
Issue: 6
First page : 584
Last page: 595
Number of pages: 12
ISSN: 0953-7287
eISSN: 1366-5871
DOI: https://doi.org/10.1080/09537280600866686
Abstract
In this paper we introduce one new promising learning environment based on a business management simulation, discuss briefly how it was built, and how it has been used to cope with the business educational challenges. This learning environment has been used to train more than 1500 students and managers. In general, business education is research oriented, the knowledge base given to young professionals is abstract, and students lack the necessary skills to translate abstract knowledge to efficient practice. It is difficult to teach practical skills with traditional teaching methods. The learning environment was developed to answer to this challenge.
In this paper we introduce one new promising learning environment based on a business management simulation, discuss briefly how it was built, and how it has been used to cope with the business educational challenges. This learning environment has been used to train more than 1500 students and managers. In general, business education is research oriented, the knowledge base given to young professionals is abstract, and students lack the necessary skills to translate abstract knowledge to efficient practice. It is difficult to teach practical skills with traditional teaching methods. The learning environment was developed to answer to this challenge.