Knowledge Matters Training Simulations
Upskill Your Workforce with Experiential Learning
Transform your upskilling strategy with Knowledge Matters Training Simulations. We work with businesses to develop custom training simulations. Our proprietary simulation engine and global delivery platform help companies cost effectively deploy virtual experience training solutions worldwide.
Key Benefits Include:
- Developed in partnership with businesses and corporations
- Real-life scenarios focused on decision-making skills
- Performed in a dynamic, risk-free environment
- Flexible delivery options include in-workplace sessions, offsite meetings focused on management training, and online training courses
To learn more, call 1-877-965-3276 or contact us at sales@knowledgematters.com.
Meet the Simulations
With nine different experiential learning simulations, employee development can be tailored to your needs.
Virtual experience training promotes a broad understanding of the business, encourages cross-functional communications, develops problems solving skills, and creates financially savvy managers. It is also ideal for helping companies spot talent potential on a global basis, using consistent, quantifiable metrics. Employees’ “scores” can be tracked over time and compared across all geographies.
Management: Your team will manage a virtual business, mastering critical aspects like interviewing, hiring and supervising teams, supply chain management, sales and marketing and financial management. Employees will navigate real-world challenges—such as strikes, customer satisfaction, pricing strategies, and scaling operations—while making decisions that directly impact the success of their business. This immersive experience is ideal for developing leadership skills.
Hospitality: Employees master critical skills in hotel management, designed to mirror real-life challenges ensuring your employees are prepared to make data-driven decisions that enhance guest satisfaction and profitability. Topics covered include Front Desk Management, Customer Service and Satisfaction, Operations, Food & Beverage Management for conference/banquets/corporate meetings, Human Resources, Housekeeping and Revenue Management/Pricing
Restaurant: Take charge of every aspect of a virtual restaurant—from market research and menu design to staffing and financial management. Employees can see the real-time impact of their decisions, learning how to optimize operations, improve customer satisfaction, and boost profitability.
Marketing: Employees take charge of marketing for a variety of virtual businesses, making decisions on product, price, place, and promotion, while witnessing the direct impact on sales and profitability. Equip your team with the skills to excel in areas like market research, consumer behavior, and digital marketing.
Sports & Entertainment: Empower your team to manage a virtual sports franchise, mastering key aspects including ticket pricing, event security, parking, concessions, ethics and team management. Employees gain hands-on experience with the financial and operational challenges of running a sports venue.
Entrepreneurship: Immerse your team in the challenges of starting and managing a business, from conducting market research to crafting a business plan and navigating financial hurdles. With real-time feedback, employees can hone their decision-making skills while fostering innovation. This simulation gives employees the opportunity to choose the type of business they want to run and your management team can compete with each other in a “shark-tank like” environment.
Accounting: Let employees run their own virtual business, making accounting concepts tangible and relevant. Topics include General Ledgers, T-accounts, financial statements,forensic and managerial accounting and ratio analysis. Employees will learn through hands-on experience.
Retailing: Immerse employees in the complexities of running a virtual retail business, covering key topics like market research, pricing strategies, inventory control, and customer service. Employees will gain hands-on experience in making critical business decisions that mirror real-world retail challenges.
Personal Finance: Participant managing their own virtual financial lives, covering critical topics such as budgeting, banking, credit management, taxes, and investing. By tracking their decisions and behaviors in real-time, employees gain practical knowledge that can be directly applied to their personal and professional lives, ensuring a comprehensive understanding of financial literacy.
Past solutions include training modules for $1B+ corporations in industries such as hospitality, manufacturing and retail. Because the solutions are developed to create competitive advantage, they are customarily done under non-disclosure.
Our simulations are perfect for enhancing learning, whether remote or in-office, with customizations to meet your goals.
Elevate Your Training Now — call 1-877-965-3276 or contact us at sales@knowledgematters.com