Simulation solutionsBrochureViRAL is a H. Pierson Accelerated Immersive Learning Initiative

ViRALVirtual Reality Accelerated Learning

WHAT IS ViRALABOUT?

ViRAL - Virtual Reality Accelerated Learning, is a H. Pierson immersive learning initiative aimed at providing

a variety of Technical and Soft skills simulation-based tools for transforming employees’ learning experience.

2

Abou

t ViRA

L

Experience-Based Learning

Our Simulation-based learning ensures trainees learn by

actually doing. This will enhance their learning

retention and boost their performance on

the job..

SOLUTION

PROBLEMLearning Experience:

Working professionals’ learning, needs to be improved to account for different real life

situations that may be faced on the job. With regular courses,

most of the information learned is quickly forgotten, thereby

minimizing learning internalization.

3

WHY V

iRAL

4

WHY V

iRAL

“I hear and I forget.

I see and I remember.

I do and I understand.”

Confucius

5

WHY V

iRAL

“Virtual Reality-based Learning

provides accelerated internalization

and learning retention beyond

traditional courses.”

6

USE C

ASES

EDUCATION2-year-old Ari Ellman of San Francisco’s brain tumor was

removed with the assistance of VR after many

experts had doubted if it was possible.

Source: Standford Medicine blog

HEALTHStanford and University of British

Columbia already use VR in their distances learning

programs.

Source: virtualspeech.com

MILITARYRaytheon and Motion

Reality used VR to create a virtual version of Osama’s

compound for training soldiers.

Source: Wired.com

VIRTUAL REALITY – USE CASES

7

SIMUL

ATIO

N PO

RTFO

LIO

Risk Management ViRAL Programs▪ Asset & Liability Management (Alm) ▪ Risk Management

Management: Industry-specific ViRAL Programs▪ Bank Management ▪ Retail Banking ▪ Power Utility Management ▪ Telecom Operator Management

Management & Strategy ViRAL Programs▪ General Business Management ▪ Strategy & International Business

Marketing & Project Management ViRAL Programs▪ Marketing ▪ Project Management

OurSimulation Portfolio

RISK MANAGEMENT ViRAL PROGRAMS

8

PROG

RAMS

Asset & Liability Management (ALM)

This Asset & Liability Management (ALM) SimulationProgram is designed as a practical virtual reality tool toenhance the ability of practitioners to deal with thecomplexities involved in the management of the BalanceSheet of a bank. The simulation program providesparticipants with a practical learning experience set in arealistic business and economic environment.

Risk Management

Our Risk Management simulation program is a practicallearning tool which exposes participants to key aspectssuch as identifying, analyzing and mitigating risks inbanks. It exposes participants to the major risks faced bybanks in today's volatile environment and provides themwith the opportunity to identify and analyze these risks ina virtual reality environment.

MANAGEMENT: INDUSTRY-SPECIFIC ViRAL PROGRAMS

9

PROG

RAMS

Bank Management

This Bank Management Simulation is focused on providing adeep understanding of contemporary banking and sharpeningthe management and leadership skills of lower, intermediate andsenior-level managers of banks. Its goal is to give participants aclear understanding of the front and back office operations of abank, and the interaction of both sides in a competitiveenvironment. It seeks to cultivate a holistic and fact-basedmanagement culture, develop analytical skills, and createawareness about the current banking operating environment.

Learning Coverage Areas include: Understanding basic bankingproducts and services and how they relate to each other; Thedivision of bank funding sources into core deposits andmanaged liabilities; Understanding the bank income statementand balance sheet and unique financial ratios; Pricing of creditand deposit products; Balancing risks and the growth of thebalance sheet; The interaction between the central bank andcommercial banks; Bank liquidity measures and regulationaccording to international standards; Profitability of differentcustomer segments and products.

10

PROG

RAMS

Retail Banking

This simulation focuses on the key success factors that determinethe performance of a retail bank, and covers issues such asincreasing market share in profitable segments, increasingprofitability across various sectors and increasing customer valuethrough high quality service. By managing a retail bank,participants gain first hand experience in what is required tomanage a retail bank successfully in today’s competitive digitalbanking landscape.

Learning coverage areas include: Customer management – howto increase the profitability of each client segment and productrange, whilst keeping track of customer satisfaction; Managementof the distribution channels in order to increase customer value;Process and operations management to lower the cost of thebank; Human performance management to increase productivityand staff motivation; Financial management at branch level.

Power Utility Management

This simulation game familiarizes participants with the wholedecision-making environment for a power utility. Participantsdevelop capabilities in formulating, implementing, and adaptingbusiness strategies in a dynamic competitive environment.

11

PROG

RAMS

In addition, they will enhance their fact-based decision-makingskills and improve their financial knowledge through linkingoperational decisions to cash flows and bottom lineperformance. The electric simulation also gives practicalexperiences in team-work and problem solving and excitescompetitive spirits in a dynamically evolving marketplace.

Telecom Operator Management

This is a telecom simulation game where teams manage mobile,broadband and entertainment services for residential customersas well as communications and IT services for corporatecustomers. It also includes decisions regarding networkinfrastructure development and finance. This telecom businesssimulation helps participants to comprehend relationshipsbetween different telecom operator functions and develops theirtelecom-related business acumen. The telecom simulatorimproves participants' decision-making skills, familiarizing themwith the whole decision-making environment for atelecommunications operator, including mobile, fixedbroadband, entertainment, IT services, channel management,network infrastructure development, and finance.The telecom simulation also gives practical experiences in team-work and problem solving and excites competitive spirits in adynamically evolving marketplace.

MANAGEMENT & STRATEGY ViRAL PROGRAMS

12

PROG

RAMS

General Business Management

This simulation increases the participants’ awareness andcapability of operating a company from a generalmanagement perspective in a competitive environment. Thesimulation integrates a range of concepts from variousmanagement related disciplines, including marketing,production, logistics, and financial decision-making. Inaddition, it links the organization to the wider context of thebusiness world and stakeholders.

From the simulation, participants will improve theirunderstanding of operating a company from a generalmanagement perspective and develop market- and value-driven approaches to decision making. They will improvetheir capability to interpret and forecast market situationsand translate them into goal-oriented decisions. Thesimulation also enhances fact-based analytical decisionmaking by linking decisions to cash flows and bottom lineperformance.

13

PROG

RAMS

Strategy & International Business

This simulation is designed to give participants a higherinsight into the complexity of business operations in adynamic and competitive environment. Learning coverageareas include Technology-based product road maps andglobal market and production strategies; A range ofconcepts from various management-related disciplinesincluding economics, politics, finance, human resources,accounting, procurement, production, logistics, researchand innovation, and marketing.

This simulation provides participants with betterunderstanding of the complexity of global businessoperations in a dynamic competitive environment;Comprehension of each of the management-relateddisciplines and the financial implications of the strategicand operational decisions; Invaluable experiences inteamwork and problem solving.

MARKETING & PROJECT MANAGEMENT ViRAL PROGRAMS

14

PROG

RAMS

Marketing

The goal of this simulation program is to equip participants witha broad understanding and command of the whole marketingdecision making process and its implication on the company'soverall performance and success Learning coverage areasincude product life cycle management, product mix management,market segmentation, positioning, distribution channelinvestments, advertising budget allocation, after sales services,pricing, sales forecasting, marketing research, competitoranalysis, research and development, revenue and marginmanagement and overall profitability.

Following this simulation, participants will fully comprehend thedifferent parts of the marketing decision making process, theirrelationship with each other, and their impact on the company’soverall results. In addition, participants will gain invaluableexperience in teamwork and problem solving.

15

PROG

RAMS

Project Management

This simulation program is a team-based, interactiveproject management simulation. It allows participants toexperience the dynamics of managing a project that ispart of a broader, multi-project program withinterdependent projects.

Learning coverage areas include the philosophy thatcommunication between people is the essence of allproject management. While project management at largecovers a multitude of functional disciplines, many of whichare part of the simulation, the key learning area is theneed to disseminate information appropriately within theprogram, taking into full consideration the unique needs ofeach project in place. It also provides insights into thesystematic measurement of project goals and key metricslike time, cost, and quality.

16

“Virtual Reality-based training simulates

on-the-job style training

in a safe, controlled and forgiving

environment.”

17

We service 14 countries in Africa and emerging markets

14

Global

30We have been building the capacity of working professionals for

30 years in Africa.

We work with global partners in delivering globally recognized simulation-based learning experience

We have launched ViRAL in Ghana, Kenya, Nigeria, & South Africa.

18

ViRAL

AFRI

CA

Please reach out to us for questions or to book a demo appointment.

Click to book appointment

learningsolutions@hpierson.com

+1 281 8888 708+234 812 902 3329hpierson.com/simulations

19

THAN

KS!

Would you like a Demo?

20H. Pierson Accelerated Learning Programme