Duke Corporate Education (Duke CE), Merck Pharmaceuticals, and Advantexe have been recognized with numerous awards for training excellence and innovation using technology
Advantexe, a global leader in business simulation centric talent development solutions, announced that Duke Corporate Education (Duke CE), Merck Pharmaceuticals, and Advantexe have been recognized with numerous awards for training excellence and innovation using technology including:
- 2021 Gold Medal – Globee Awards for Achievement of the Year in Learning and Development
- 2021 Gold Medal – Brandon Hall for Best Use of Virtual Worlds for Learning
- 2021 Gold Medal – Brandon Hall for Best Use of Games or Simulations for Learning
- 2021 Gold Medal – Stevie Award – For Best Virtual Business Leadership Simulation
The awards have been given for recognition for both virtual learning and for the use of interactive business simulations in learning. The business simulation is a cloud-based, digital learning tool that allows participants to practice running a global pharmaceutical organization to develop their leadership, business, and financial acumen skills in a risk-free environment. In much the same way a flight simulator helps pilots in developing their flying skills, the business simulation helps business professionals build and strengthen their business acumen skills in order to better “fly their business.”
The simulation is part of an intensive multi-day virtual business and leadership learning journey. Participants serve on the executive leadership team of fictional Zacora Pharmaceuticals and simulate financially turning the company around. This intense simulation helicopters participants to the highest level in an organization where they are developing and executing a global strategy through Marketing, Sales, Manufacturing, Supply Chain and R&D across three different regions (North America, Europe, and China).
Zacora is about to lose the patent on a top selling product, and it will be several years before the portfolio is replenished in the key therapeutic areas. Just like the real world, there are always unplanned events, challenges, and opportunities that teams must respond to.
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The virtual program was developed to teach and train next generation leaders how to operate across the enterprise. Participants learn how to effectively navigate in an ever-changing environment and grow their ability to understand, develop, and translate strategy into action, while increasing their financial understanding of business indicators.
“We are proud to be recognized with this array of prestigious awards of excellence for this unique and game-changing learning tool,” says Advantexe’s CEO, Robert Brodo. “The simulation and learning journey provides a fun, interactive, and immersive learning experience that has proven to help participants understand the “language of finance” and the end-to-end business and financial approaches/considerations in today’s evolving and changing global marketplace. We congratulate our Merck and Duke CE partners for their commitment and creativity in helping to develop this extraordinary learning experience.”
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