1. High academic value: The installation of Labsam is equivalent to hiring several Ph.D. level professors for less than the annual cost of hiring one full time.

2. Academic training: we add value training academic staff in the use of nine simulators.

3. Automatic processing for many users: Labams internal management software makes it easy for professors to run simultaneously several simulations for large numbers of students

4. Multidimensional profile of abilities: “generalist” and “specialist” focus are covered as well as industry specific, providing the opportunity to practice and experience all dimensions of management.

5. Safe “maturing” experience: participation in Labsams nine simulators can accumulate more than 15 years of equivalent decision-making experience without the risk of destroying real resources.

6. Theory-practice bridge: Labams simulators build dynamic scenarios well suited for application of techniques and concepts. The theory-practice gap is spectacularly closed when at the end of each simulation, the “winning” team show everyone else how the won using the techniques and concepts explained by the professor in class.

7. Structuring the “other 50%”: recent research has shown that in formal education about half of all actual learning takes place outside the class room. Labams simulators structure and organise this other 50 % channelling the search for solutions, for copying and imitating, for inventing, and specially, orienting students towards sources outside the class room.

8. Fostering key behavioural changes: the strong competition between simulated teams fostered by Labams rewards managerial behaviours such as planning, analysis and team-building.

9. Learning credibility: participants learn from the very credible consequences of their own decisions, and watching the outcomes of the decisions of competitors. This permanent input-output observation motivates them to search for better ways to make decisions and solve problems with an intensity that no other educational method has been able to stimulate.

10. Portability and ease of use: students and staff access Labams web page from wherever they want and at any time. Concentrating all usage traffic in one web page eliminates the need for hard copy printers and the equipment they might have required.

11. Simulated outcomes affect notes: the actual simulated results of simulated companies can, and should, influence the final note of the course

12. Modernization and intensity of usage: the intense analysis provoked by Labams simulators will increase the usage of other computing software and equipment such as spread sheet programmes and statistical packages..

13. Competitive Cost: the cost f Labsam’s package of simulation is comparable to other packages such as SPSS (USD$35,000 for a site license) but it includes training and technical support.

14. Quotations: Please request a quotation to cmichelsen@companysimulations.com