Compare GoVenture CEO with other business simulations
Hey there, I'm Mathew Georghiou. I'm the founder and CEO of MediaSpark and the Chief Experience Designer of GoVenture Simulations. This video is for instructors who have chosen to adopt GoVenture CEO. First let me say thanks very much for doing so, we appreciate your confidence in us and we won't let you down. Now, GoVenture CEO is the most versatile business simulation in the world, and because of its versatility it has a lot of options and resources, so this is a very important video to watch for how to get started. We've been designing simulations for over 20 years and we've created a number of best practices that will assure a successful experience for both you as an instructor and your students as well. So the first thing you want to start with is the instructor guide. Much of what I'm going to tell you in this video is accessible for the instructor guide, and you can access the instructor guide by logging into GoVenture CEO And you'll see it in the list of resources that are available to you now as an instructor.
You'll want to become familiar with GoVenture CEO and the best way to do that is to watch the video tutorials. Some video tutorials we provide to students are also helpful for you as an instructor to get started, but we also have some additional videos, more detailed videos, particularly videos that describe the instructor dashboard that are available to you as well. And those are kid of secondary videos that you'll probably want to watch, and of course you can request a personal webinar, or perhaps you've already had one with one of our GoVenture advisors, but certainly don't hesitate to contact us so we can help you further.
Now you may want to play a simulation yourself, and there's directions in the instructor guide on how to best do that. Playing it yourself, or you know, maybe an hour or longer if you choose. That's a really great way to put yourself in the shoes of your students and see how they're going to see GoVenture CEO for the first time. Now once you're familiar with GoVenture the next step is to determine how you want to integrate the simulation into your curriculum. Now think about how many hours you want students to devote to playing GoVenture, whether that's in class or homework or a combination of the two. That's going to help you determine the duration of the simulations you want to run and again, GoVenture is so versatile you can run a short period of time or over weeks and months, it's all up to you.
We recommend with your students once you're ready to determine the simulations that you run at least two simulations, but the more you run the better. A fully graded simulation should last between six to twelve periods and the reason we recommend that is because GoVenture CEO is very results drive, very evidence drive and you want to give students enough results, aka enough play periods so the experience and results allow them to adjust their strategies based on what's happening in their market place. If you have a simulation that's too short they don't get enough of that data back and enough time to meaningfully adjust their strategies. If you run a simulation too long the challenge is that if a student is not doing well from a performance perspective in the simulation, they may become less engaged in the activity, so the opportunity to play multiple simulations allows them to reengage and take everything they've learned in the previous simulation and apply it going forward. So we recommend playing multiple simulations between 6 to 12 periods. You can play more or less, again it's versatile and flexible to allow you to do what's best for you. We do recommend for sure that you run a practice simulation. A practice simulation allows students to experience the step-by-step process of using the simulation and gets any uncertainity out of the way before they get to the fully graded simulation. We do recommend the practice simulation be graded but strictly on participation. The whole focus is to just get them to go through the process. So do assign a grade to this and again we have documents that will detail this and provide you more information how to do this, all starting with the instructor guide. When it's time for you to choose which simulations you want to run with your students we have a number of QuickStarts which are pre-designed simulations you can launch in a matter of minutes, however we do offer you the service at no cost to customize a simulation or create a new customized simulation that best matches your curriculum.
So you can start with a QuickStart and do some tailoring up to that QuickStart or we can start fresh and design a fully custom simulation. We do recommend that you do consult with us so we can make sure you know all the settings look good and you can actually customize the simulations yourself. There's a simple point-and-click dashboard that allows you to do a lot of customization. Hit us up to get us to have a quick look at what you're creating just so we can offer our advice for you. We have an onboarding document in the best practices and it's accessible from the instructor guide. We'd recommend that you look at that closely. So we have a set of PowerPoint slides that are really great as the first step to introduce GoVenture to your students. It tells the basics of what they need to know, where they can get the program, how to log in, and so on. We have the tutorial videos and that's the next place they should start with getting to know the simulation. Playing a practice simulation, as we've discussed, and we have a great reference book. It's about 160 pages, and it's a great reference book for the basics of business. There's also components in the book that tie directly to GoVenture CEO, so if you're not already using a textbook you might find this a really great book to replace that, but if you're already using a textbook it's a great reference for students. Now while you're running the simulation with students, and now they're up and running and they're playing you might want to do some periodic debriefs with students. That can be a really great coaching opportunity and you can do that in class, if you have an online course maybe you can do it in a live session. We have a report called a Debrief Performance Report that gives you all the data you need, and you can show it on the big screen or on a shared screen. If it's a webinar you can ask your students questions, about their experience and through that questioning process you're going to find it's going to be a really great reflection opportunity for your students and they'll learn from each other and from that discussion and again the instructor guide has information about this. If you have specific students who are asking for help about their strategy, their performance we have a really comprehensive coaching report that's accessible to both you and the students. The student connects through their performance report, there's a link at the top that leads to it, and the coaching report will analyze every aspect of the business decisions that are being made and how they relate to what's happening in the simulation. It's important to get good advice from the coaching report to read it carefully, it's not a report just to browse, you want to read it carefully so you can understand what the report is explaining. And the assessments that are being done so that's a really great report. Finally, assessment. There's a variety of ways to access students using simulation, and we've found that our 20 years working with instructors around the world is that every instructor kind of has their own expectations, their own methods of assessing students and we've designed GoVenture CEO to be as flexible as possible to fit whatever process you prefer. We do have an assessment strategy document that actually describes the various assessment options for example you can assess based on the performance in the simulation, you can assess based on participation in the simulation. We have a really great competency quiz that you can assign. We have a team evaluation which is a peer review if you're playing in teams, and we also have some templated reports that we call experience reports. We have a Word Document version, and we have a PowerPoint version where students can actually complete a report and perhaps even present that report to you or the class. So all of these resources are available to you through the assessment strategy document, again accessible from the instructor guide. Finally Help. If you or your students need help you can contact us directly. If a student is confused they can contact us and not interrupt you. They fill out a contact form and we will promptly respond to help requests. Let me clarify that we respond to all help requests within 24 hours, in most cases it's often just a few hours. That's GoVenture CEO, I appreciate you adopting the program, we want to make sure you have a successful experience for you and your students.