Business Acumen

Developing business knowledge and skills with SimVenture Evolution

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Business Acumen

SimVenture Evolution is an online business simulation that supports learners to develop business acumen and enhances their employability skills. The main areas of business covered within the simulation are: Sales & Marketing, Finance, Research & Development, Operations, and Organisation.

To help learners get to know the basics of the simulation we have a range of Walkthrough videos and On-boarding programmes to help them navigate the software.

Employability Skills

Whilst learners are in charge of their virtual company, SimVenture Evolution enables them to develop a range of employability skills that employers are looking for including: Self-Management, Team working, Problem solving, Communication, Numeracy, IT Skills, Business & Customer awareness, Positive attitude, and many more.

Learners can reflect on the skills they have developed whilst playing the business simulation, adding valuable evidence to their CV. Ask our Learning & Development Managers about how to incorporate employability skills into your training programme.

Business people around a table talking.

A serious business game offering different ways to learn

SimVenture Evolution has a wide range of scenarios suitable for beginners and seasoned professionals.

Business game help and advice videos.
Getting Started

As a serious business game, SimVenture Evolution has many introductory activities to enable learners to familiarise themselves with the business simulation. These include:

  • Structured single activities to help the user gain a basic understanding of how the simulation works
  • Training ground activities which are less structured and can be repeated to consolidate learning
  • Gaining a passport to learning via a quiz to assess knowledge and understand before progressing onto other activities
  • A programme of core business skills activities to teach some of the basic principles of running a business

Our scenarios place individuals or groups in charge of a company within a simulated market. Learners can start and grow different sizes of business including using our SEED, START-UP AND GROWTH Scenarios:

  • The SEED scenario presents a new company (Green Spokes), about to embark upon its first quarter of trading.
  • The START-UP scenario presents the same company (Green Spokes) that has been trading for 2 quarters and has created a product for the market place.
  • Finally, the GROWTH scenario starts at the point where the company has been trading for 3 years and has developed a foothold in the market.
Serious business game core skills. Developing business acumen.

How you can play our serious business game to build business acumen

Our business simulation software can be played by individuals or teams. People can compete or collaborate.

People around a table using laptops and computers to play SimVenture Evolution

Parallel Competitions place any number of teams in identical starting positions, from which they work to achieve the best outcome.

Whilst players are unable to affect the success of the other teams, the Leaderboard allows them to see how they are progressing compared to others within the same Activity.

Special ‘Head-to-Head’ scenarios allow up to 6 companies to compete directly against each other within the same virtual market, creating the ultimate competitive challenge.

Our clients use SimVenture Evolution in several ways, from short introductory sessions of 2 hours to courses lasting several months.

SimVenture Evolution is used frequently as a bootcamp learning experience over one day or a weekend. Bootcamps are learning programs which are designed for short, intense, accelerated training sessions.

We are happy to share with you how our clients have used our business simulation in different contexts, just ask us.

Teacher explaining graphs to students based on SimVenture Evolution.

Learn by doing: Building your business acumen

There are a range of activity formats available to promote a learning by doing approach including:

  • Static Formats – where the current business situation is analysed and evaluated
  • Dynamic Formats – where players analyse and evaluate the company’s situation as it progresses, predicting developments and observing outcomes
  • Interactive Formats – In this format learners analyse the situation before determining, executing, and evaluating a strategic business plan and learning through a trial and error approach.
  • Boardroom Formats – Players conduct a boardroom debate to analyse the situation and then identify the best way to take the business forward
  • Parallel Competition Formats – each company starts from an identical position, and any number of rivals compete to take the business as far as they can
  • Direct Competition Formats – In this format multiple rivals compete directly against each other within the same virtual markets.

To support these formats there are over 120 one-page case studies freely available to SimVenture Evolution clients.

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