In turn, the next computer report, in the form of a bank financial statement, is both an evaluation of the participants' decisions and a whole new case study. The new problems are products of the previous decisions and participants are challenged to find ways to improve their performance. BanRisk Case Studies provide participants with the analytical tools and methodology to understand and solve the problems they encounter managing their banks. The BanRisk Readings, akin to complementary lectures, supply the more general concepts, background, and theories participants need to apply during the simulation. The competitive game aspects of the simulation is a powerful motivator for individuals and team development.
Participants work much harder as a member of a competitive team than they do on their own.
Everyone wants to win the game and groups typically work harder toward the end of the course than at the outset. You can see a brief courseware overview with a more detailed annotated review of either BanRisk US Version , or BanRisk International . How to present the course is largely a question of cost and participant requirements. BanRisk course materials are designed for distant or self instructional uses as this offers the best trade off for most audiences. Putting participants into a classroom environment is prohibitively expensive as the per day cost of salary is typically 5 times the cost of the education.