Peer Group Indicators Of The External Validity Of Business Games: A Five-Year Longitudinal Study

Abstract

Relatively few studies have attempted to assess the external validity of business games. A five-year longitudinal study was conducted as a complement to the 1986 study conducted by Wolfe and Roberts.1 Within-team peer assessments on various playing/behavioral factors were compared with self-reported career success data. Significant relationships were found between a player’s influence on the team’s decision making process, leadership skills, esteem and value to the team and total income or salary increases. All playing/behavioral factors were significantly related to the student’s number of promotions. It was concluded that external validity exists for business gaming.