This article covers meaning & overview of Simulated Training from HRM perspective.
Simulated Training is a devised job training that is not on the job but away from the job. It teaches a complicated, critical and hazardous task. Enough practice gives the trainees enough exposure and renders him better prepared for the real life problem.
Simulation is the mimicry of the real world problems. The model developed contains the key characters of the process it is trying to simulate. These simulation models are extensively used in training programs across different sectors of business right from IT Professionals to Astronauts.
Most common application of this virtual training is in the field of management. Simulation training is used to better business awareness and knowhow of the employee along with the management skills.
This concept emerged from the 70-20-10 rule. Which advocates that 70% of the job is learned on the job, while employee actually performs the job under real life constraints and pressure.
Types of Simulation Training
a. Functional Simulations - focuses on training on a particular business requirement area - for example product design.
b. Total Enterprise Simulation - this focuses on the overall development of the employee. The example of this is - executive management decisions.
Simulation Training has also created a niche for itself in the field of education. Especially business education. There are integrated training solutions along with the lectures.
Benefits of the Simulation Training for Business School Students
a. Business Awareness
b. Time Management and Organisation
c. Team Coordination
d. Problem Solving
Hence, this concludes the definition of Simulated Training along with its overview.
This article has been researched & authored by the Business Concepts Team which comprises of MBA students, management professionals, and industry experts. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
Browse the definition and meaning of more similar terms. The Management Dictionary covers over 1800 business concepts from 5 categories.
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