What are Management Games?
Management Games are business simulation games where players control their own organizations and are in charge of making decisions relating to the running of their business. This includes purchasing materials, setting production volumes, determining sale prices, indulging in expansion of their business etc. The winner of the game is the player with the largest business when the game ends.
The game keeps the players involved as there are instances where there are real businessmen tactics that have to be used. For example, the highest bidder gets to buy raw material which is limited in supply. This player can easily create a monopoly of his product as the other players would not have the stock to produce the product.
What are the Benefits of this Game?
The game is more or less like managing a manufacturing firm. The same tactics need to be used as one would have used, if he had his own manufacturing unit. These games are an effective way to put to practice the subject matter of a business management training program in a realistic, practical and intensive manner.
These games are a safe method of learning management skills and putting to practice management situations. Since this is just a game and does not have an effect on an actual business, it is a good method to learn. The Player can learn from his own mistakes. He can take risks and face the consequences, which would enlighten him and make him more knowledgeable, without any financial loss. The game teaches to work in a creative and effective manner and will improve coordination and co-operation skills too.
What is a Simulator?
The simulator is a program designed to process the decisions of the players or the teams. The result is computed by the simulator and displayed on the computer screen.
This simulator is effective in management training programs. The students or players are asked to check the results displayed by the simulator with their own. An interactive session follows which enables the students to understand their shortcomings and they are made to understand where they went wrong in their strategic planning and goal setting techniques.
From where Can One Get these Games?
There are a number of Management Games available on the internet which can be easily downloaded without any cost. You just need to check the one which suits you best.