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PRESS INFORMATION ISSUED ON BEHALF OF:
Tata Interactive Systems
18 Grosvenor Place, LONDON, SW1X 7HS
tel 020 7235 8281; fax 020 7235 8727; web: www.tatainteractive.com
19th November 2007
Simulations show how to bring effectiveness and efficiency to
organisational learning
The management simulation 'TOPSIM' not only proved popular at the Tata
Interactive Learning Forums, held recently in Chicago and Boston, in
the USA, but also demonstrated a way of making corporate learning both
effective and efficient.
At the Forums (TLF), Dave Vance, former President of Caterpillar
University, the 'CLO of the Year' in 2006, and a board member of the
American Society for Training and Development (ASTD), shared his
knowledge on making the right training decisions. Later, he conducted
an interactive session where the delegates, in teams, demonstrated
their management skills in playing one of Tata Interactive Systems (TIS)'s
suite of business simulations - TOPSIM.
TOPSIM is a leading management simulation game that was developed over
25 years ago and is now used by over 100 companies and 400 universities
worldwide. TOPSIM simulations offer the participant an in-depth
understanding of functional skills - covering general management,
strategic management, change management, project management, supply
chain management, sales management, finance for non-finance, managing
mergers and acquisitions - along with managing the business operations
within an industry such as banking, insurance, retail, and
pharmaceuticals.
Vance explained: "The keys to implementing effective learning in your
organisation are to align your strategy to business goals, in concert
with the goals' owners and addressing all business priorities; create a
Business Plan for learning which has specific, measurable goals and is
approved by the CEO, and look for opportunities where sponsorship and
change management is strong.
"Managing learning for efficiency - that is, executing your objectives
at least cost and highest return - and effectiveness involves aligning
learning to business goals and selecting the right learning solutions.
"To maximise efficiency, know your costs - including opportunity
costs," Vance added. "Look for ways to reduce opportunity costs and use
marginal net benefit and ROI concepts to select the highest
return/least cost duration."
Discovering these measures of effectiveness and efficiency were the
objects of the TOPSIM exercise which Vance facilitated for the TLF
delegates.
Manoj Kutty, TIS's president, simulations, commented: "TOPSIM is about
learning business by doing business.
"TOPSIM is not e-learning but blended learning, emphasising
classroom-based and collaborative learning. A TOPSIM workshop is a
simulation based workshop that enables participants to understand the
cause-effect relationships of their decisions in a 'safe' game play
environment.
"The workshop is facilitated by domain experts who mentor the teams
through the discussion and sharing process that is integral to the the
workshop's structure. The simulation which forms the core of the
workshop telescopes a long-term horizon of three years into two-days
and discussions are interspersed with the simulation, throughout the
workshop."
End
Notes for editors
About the Tata Interactive Learning Forum (TLF)
The TLF contained two tracks, focusing on higher education and
corporate training. Keynote presentations in the corporate track came
from Dave Vance, former President of Caterpillar University, the 'CLO
of the Year' in 2006, and a board member of the American Society for
Training and Development (ASTD) and fellow ASTD member, Dr Allison
Rossett, of San Diego University, author of best-selling business books
and also an established board member of the E-learning Guild.
While Vance shared his knowledge on making the right training
decisions, Dr Rossett discussed electronic performance support systems
(EPSS) and their benefits for organisations.
This year, the topics under discussion in the corporate track included:
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Learning that leads to performance improvement
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Decision making in the learning function
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Enabling and supporting performance in the workplace
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Providing the right performance support, after your training or
learning events
Speakers and session moderators at this year's education track of the
TLF included Dr David A. Foster, Dean of DeVry University Online;
Harvard CIO, Stephen Laster; Jeff Schultz, SVP of McGraw-Hill; John
Ebersole, President of Excelsior College; and Colonel Stephen G Visco,
Dean of Distance Learning, at the USAF Air War College.
The educational track discussed:
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How can technology be leveraged to enhance learner-teacher
relationships?
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What is the social, cultural, and organizational impact of adopting
such technologies?
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Can each only play a supplementary role or be the main component of
instruction delivery?
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How does this adoption impact the structure of curricula and
instruction design in place today?
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Online learning is not the missing link - making online education
meaningful to the learner.
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The next stage of evolution for online courses.
For further information, please visit
www.tatalearningforum.com
About TOPSIM® Simulations
TOPSIM Simulations are advanced and comprehensive models that simulate
operating environments, used as innovative methods to teach business
and management competencies. The simulated environments include
business start-ups; a single business function; overall management of
an enterprise; managing in global markets, and the macroeconomics of a
country.
Typically played by teams in a workshop format over two or three days,
TOPSIM participants compete with other teams in a simulated
environment. While proceeding through different modules, teams plan,
strategise and make decisions, taking into account the many variables
that influence the operating environment. At the workshops, an
instructor acts as the teams' coordinator, controller of environment
variables and as educator to help teams interpret results and reports.
The large number of variables that influence decision-making is what
makes TOPSIM a highly complex simulation and sets it apart from other
business simulations in the market.
TOPSIM products currently cover 15 areas: TOPSIM - Manager, TOPSIM -
General Management, TOPSIM - Logistics, TOPSIM - Banking, TOPSIM -
Euro, TOPSIM - Marketing, TOPSIM - E-commerce, TOPSIM - Macro
Economics, TOPSIM - Business Developments, TOPSIM - General Airline
Management Simulation, TOPSIM - Change Management, TOPSIM - Project
Management, TOPSIM - Easy Startup, TOPSIM - Global Challenge, and
TOPSIM - Production Startup
TOPSIM - Simulations are used by numerous corporate enterprises,
education centres, and universities (including over 200 universities in
Germany alone).
Besides TOPSIM® - Simulations, TIS also offers management training
sessions, from 'Introduction to Business Administration for Engineers'
to 'Top-Executive Leadership Development' programs through its
simulations products range SimBLs™.
For further information, please visit
www.tatainteractive.com/TOPSIM
About Tata Interactive Systems (TIS)
Tata Interactive Systems (TIS), a
global leader in e-learning, is a part of the $22bn Tata Group. Truly
international, TIS has a presence across the US, Canada, UK, Australia,
New Zealand, the Middle East, Japan, India, and mainland Europe. TIS
offers corporations, universities, schools, publishers, and government
institutions a diversified and innovative bouquet of learning and
training solutions including Simulation-based Learning Objects (SimBLs),
Story-based Learning Objects (StoBLs), courseware and curriculum
design, special needs education, assessments, electronic performance
support systems (EPSS), mobile learning, along with other corporate
training and consultancy services. Our multi-disciplinary expertise and
16 years' experience across domains helps us design e-learning
programmes that are unique to clients' requirements and specifically
crafted to boost knowledge retention and application.
Apart from holding ISO 9001 certification, TIS is the only e-learning
organisation in the world to be assessed at Level 5 in both the SEI-CMM
and P-CMM frameworks. TIS's quest for excellence is reflected in
numerous prestigious industry awards, including a Silver Brandon Hall
Excellence in Learning Award 2005 and 2004, APEX Award of Excellence in
2005 and 2006, BETT Awards in 2004 and 2006, and two Business World-NID
Design Excellence awards.
For more information log on to
http://www.tatainteractive.com
Further information from:
Alan Samuel, Tata Interactive Systems, 020 7905 0156,
www.tatainteractive.com
Bob Little, Bob Little Press &
PR, 01727 860405, www.boblittlepr.com
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