Added values of our Human Capital Challenge Simulation | MEGA Learning Business Simulations — Transcript

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1. 0:13There's probably three different ways in which,
2. 0:15it can be used for, for a university audience,
3. 0:19whether it's an undergraduate or even a
4. 0:23master's level program.
5. 0:26It actually brings to life the lessons in the classroom.
6. 0:31You can spend a lot of time in the classroom talking about how
7. 0:35HR support strategy and how people strategy is in service
8. 0:39of business strategy.
9. 0:41But until they actually do it and they see it and they
10. 0:44experience it, the lesson doesn't become ingrained.
11. 0:48It's just something they memorize.
12. 0:50But I find that then particularly the master's
13. 0:54level students, if you don't really go through the game,
14. 0:57they will continue to default to their natural default,
15. 1:00which is, we're here to fill vacancies or we're here to
16. 1:05improve engagement or we're here to reduce turnover and not really
17. 1:10here to improve productivity or improve, the value
18. 1:14of the business.
19. 1:15So by complementing the theoretical lessons with
20. 1:20the practical application,
21. 1:23it comes to life a lot more.
22. 1:24The second way to do it is with an executive HR audience,
23. 1:29a corporate HR audience.
24. 1:31What it does in that case is different areas of the HR
25. 1:36world say training and recruiting and compensation
26. 1:40because they have to play a role in the game.
27. 1:44They can understand better how they all interrelate to produce
28. 1:49a better result.
29. 1:51And that's a big, valuable lesson because often
30. 1:54HR departments, each area works in a different silo
31. 1:59and even though they interconnect, they don't
32. 2:01necessarily know how to interact,
33. 2:08in the best way to support the business.
34. 2:11The third way that we have used it is with a non HR audience.
35. 2:15Mid-level managers, for example, because it allows
36. 2:22them to understand that in order for the business
37. 2:24to improve, they not only have to manage the business side,
38. 2:28but they also need to manage their people.
39. 2:31So it's interesting that we use it for HR audiences, but we can
40. 2:36also use it, and we do for non HR audiences to help them
41. 2:41understand what is their role in managing the
42. 2:44people that are under them.
43. 2:46So three ways in which we use it students, HR audiences and
44. 2:50non HR audiences.
45. 2:52Each benefits in a different way, which is the
46. 2:54beauty again of HCC, that it allows enough complexity that
47. 2:59we can cater to different audiences.
48. 3:02with the same simulation.