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The Virtual Simulation: A Tool for Leadership Education in Global Corporations
Author(s) -
Conine Thomas E.
Publication year - 2014
Publication title -
global business and organizational excellence
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.227
H-Index - 16
eISSN - 1932-2062
pISSN - 1932-2054
DOI - 10.1002/joe.21560
Subject(s) - face (sociological concept) , computer science , residence , virtual team , bond , virtual reality , knowledge management , business , public relations , sociology , political science , human–computer interaction , social science , demography , finance
Forward‐thinking business leaders have realized the wisdom of staging virtual simulations—team‐based education that can be conducted in a cost‐ and time‐effective manner—to prepare future leaders for the unexpected complexities of operating in a global environment. Though not a replacement for face‐to‐face interaction, virtual simulations can nonetheless mirror a company's real‐life challenges and opportunities and allow employees to learn from and bond with fellow executives, all without the time and expense of travel required for attending an in‐residence program. The experiences of several global leaders—Microsoft, General Electric, Dell, and Stanley Black & Decker—reveal the benefits that organizations can glean from virtual simulations, as well as the best practices for ensuring a successful virtual training program that meets organizational objectives. ©2014 Wiley Periodicals, Inc.