The Learning Curve Simulation Workshop was conducted for the Faculty Development Programme (FDP) at the Indian Institute of Management, Ahmedabad, during 19-20 August 2011 for management faculty from over 25 colleges around the country, during 19-20 August, 2011
Online PR News – 30-August-2011 – – The Learning Curve Simulation Workshop was conducted for the Faculty Development Programme (FDP) at the Indian Institute of Management, Ahmedabad, during 19-20 August 2011 for management faculty from over 25 colleges around the country, during 19-20 August, 2011. This was the first such instance that a business simulation workshop was being held at for the FDP batch. The workshop was designed by enParadigm Knowledge Solutions, a corporate education company based out of the Centre for Innovation at IIM Ahmedabad, to give faculty a holistic view of running a company from a top management perspective. It combined both the hard skills of finance, marketing, operations, planning and business strategy with the soft skills of business communication, negotiation and people management. It was a unique experience for the professors, most of whom had no corporate experience.
One of the professors said, “We teach most of these concepts in our colleges, but we ourselves never knew how to apply them in a practical business scenario. This workshop gave us a platform to understand how to apply management concepts across all functional areas to any given business context.” Prof. K Anbumani from ICCMRT, Lucknow said “It was an excellent experience. Every student & faculty of management schools must be given an opportunity to have such a real time experience”. Prof. Lakshmi Rawat of the M R College of Business Management, Hyderabad added, “The simulation workshop works well to have an overall understanding of any business model. I would highly recommend 1-3 such programs for MBA students, so that the performance of students can be measured.” Most of the faculty have asked the enParadigm Team to conduct the workshop back at their colleges for their students.
The Learning Curve Simulation workshop is the lighter version of the Strategic Simulation Workshop, which is conducted only for premier Indian corporates across India. The Strategic Simulation Workshop will be held during November 24-26 for corporates as part of Confluence 2011 at IIM Ahmedabad.