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Simulation

 

  1. Simulation software - Sometimes classed as a game, but more often used in a business training or decision-making environment to replicate situations from real life but without the risk! For example an Air Traffic Control simulation allows controllers to hone their skills without the risk of a 'mid-air passenger exchange' or 'aluminium rain' Similarly, FX traders can deal without losing the organisation a real fortune, business managers/economists/regulators etc., can follow the effects of their decisions over a number of accounting periods in just a few hours. Good package simulations are relatively rare, and specifically written versions are expensive.
  2. Exercises to simulate emergencies such as a major virus infection, or sudden loss of system (achieved quite simply by the expedient method of switching the system off!) can be extremely useful in monitoring organisation performance during the emergency as well as providing many hours of frustration and/or amusement for management and staff. For the organisation, it is never a good time to run such an exercise, but the lessons to be learned from such an exercise can prove invaluable should a real emergency ever arise.


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