Virtual Business Environments Simulations

Virtual business environments

Virtual Business Environments - Available simulations

Two business simulations are immediately available - Topaz-Vbe and Emerald-Vbe.

These two management simulations, model a small to medium-sized enterprise (SME). Both cover similar corporate functions such as Marketing, Operations, Personnel and Finance.

In general terms, Topaz-Vbe is more appropriate to training objectives where functional development is the priority and the participants are students of business and management or are already managers in an enterprise. Where a behavioural approach is the focus of a training course, or the skill level of the participants is less formal then Emerald-Vbe is probably better suited as a training simulation.

Both are packaged as a CD (or a USB Flash Drive) and are ideal for the training of managers, trainees, or students. The packages are normally (but not exclusively) either licensed annually to organisations for in-house training, or offered as course modules with Edit 515 staff in attendance.

For more specific requirements (specialised skills or company in-house training) a bespoke simulation may prove to be the best option and the most cost effective in the long run. Such simulations are not cheap to develop, but companies commissioning such bespoke simulations will retain the right to use these training models ad infinitum. Ownership of the model will depend on the actual agreement between Edit 515 Limited (the designewrs) and the company comissioning the design.

The Global Management Challenge is also available, but only as part of an annual international competition. This model is also of a manufacturing company, but with an emphasis on international and internet trade, with their specific opportunities and risks. It is a much more complex model than Topaz-Vbe or Emerald-Vbe, with many additional and unique decisions.

The total number of individuals who have participated in training courses and competitions based on simulators designed by Edit 515 is conservatively estimated to exceed 500,000 managers and potential managers from all over the world. The following is an illustrative but certainly not an exhaustive list:

  • Participants in the Global Management Challenge over 35 years
  • Many MBA students from prestigious Business Schools
  • Marketing, Finance and Business Studies Post Graduate students
  • Final Year Business Studies university and college Undergraduates
  • In-Company Manager and Management Training courses