The world of management domain is quite complex, as it is a combination of several academic domains, which are related to each other. Leaving apart a single domain will not make the management perspective a holistic one. If all the domains of management like finance, marketing, economics, human resource, operations management etc. are considered together, then a sustainable and holistic management decision can be taken up. This is the area, where the academicians in the domain of management are struggling. By developing new interdisciplinary areas, they are trying to combine the several domains of management together. However, putting them into practice may possibly turn out to be not so much successful, as only classroom based approach can never solve this issue. This is the area, where management games can play a very significant role.
Over last couple of years, pedagogy in the management education is changing very fast, and one of the latest additions in this field is the management games. Based on the basic theoretical frameworks of management domains, several games are designed, which are focused at the basic and fundamental principles of management. Generally these games are played both individually and in teams. Major objective of these games is to enhance the eye for details, to improve analyzing skills, to enable quick decision making, to make students cooperative and team players, and to give them long lasting impressions of the subjects, which they have learnt inside classrooms. As this pedagogy is gaining mounting level of significance across several academic institutions around the globe, several corporate houses are also adopting these methodologies for training and development purpose. Individualistic games are majorly played in the domains of finance and economics, and for other domains, the games are majorly team based. For more information about various aspects of individual and team based management games, kindly browse through the pages of www.elkindia.com.