Corporates can benefit from simulations in a variety of ways. Assessment, Development and Engagement are three critical people related processes that can immensely benefit by using simulations. Traditional Assessment & Development Centers (ADC) can be upgraded to Simulation-based Assessment & Development Centers (SADC) and a variety of competencies including functional competencies can be considered. Similarly, Simulation-based Test & Assessment Solutions (STAS) can be used to bring a paradigm shift in the quality of hires. STAS not only senses attitudes but also checks job-skills.
Many researchers have cited that it is good to hire for attitude and train for skills. However, many many more researches also show that hiring for attitude as well as functional skills have a longer-term impact on a Corporate’s business. The findings of these researches are based on the fact that if employees are hired only based on attitude then a high percentage are thrown out for lack of job skills even after substantial training.
Increased Process Effectiveness