ERP 112 in MonsoonSIM’s Curriculum Roadmap– Path to Entrepreneurial Success Part 12!
“Financial resources may be the lifeblood of the company, but human resources are the brains.” – Rob Silzer
MonsoonSIM’s cloud-based ERP simulation and experiential learning software platform simplifies and makes it easier to teach within a classroom. As a business simulation and gamification education platform, MonsoonSIM helps teachers play the role of facilitators in their students’ learning process.
To learn more about MonsoonSIM, watch this video.
About Enterprise Resource Planning (ERP) for Beginners.
ERP 112 is one of the 14-part Micro-course in the Introduction to Enterprise Resource Planning (ERP) to Business Students course series. Check out this page for an overview of the 14-part ERP Micro-Course series.
ERP 112: Human Capital Concept 1
In ERP 112 (Human Capital Concept 1), the business departments involved include Finance, Procurement, Retail Sales, and Human Resources. Essentially, in this module, learners will be able to handle all the aspects and activities involved in managing the workforce of the business. Ranging from organizing the employment policies, recruitment process, training, benefits and welfare, payroll and others, the human resource department organizes the staff of the company.
The main learning goals of this module include deepening one’s understanding of:
1. How to maintain the headcount staff per department
5. Hiring of new staff
6. Dismissing staff
Other opportunities provided in this module that can be a focus point for deeper analysis and reflection for learners include finding out the impact of low staff index for the procurement department and sales department, among other areas in the company.
Additionally, learners can better understand the OCEAN factors, which are the Big 5 personality traits. These are:
Through this ERP module 112 course, learners can see firsthand the correlation between these OCEAN factors with staff issues or resignations, and teaches learners how to calculate turnover ratios and other relevant human resources KPIs.
MonsoonSIM’s business simulation and gamification education platform offers a unique, experiential learning opportunity for students and transforms the way business concepts are taught in class. The platform immerses students into scenarios and configurations that mimic the real-world business environment. This facilitates an enjoyable and meaningful learning experience in a way where there’s more to learn, easier to learn.