Berlin School of Economics

On the Effectiveness of Gamified Risk Management Workshops: Evidence from German SMEs

Gamified risk management workshops serve as a viable intervention to address systemic failures in small and medium-sized enterprises, specifically regarding employee motivation, knowledge gaps, and the prevalence of cognitive biases.

• Gamified risk management workshops significantly improve the quality of risk-related discussions and decision-making by replacing abstract processes with structured, interactive frameworks.
• The integration of game mechanics like points and leaderboards fosters employee autonomy and mastery, effectively addressing common issues of low motivation and knowledge gaps in SMEs.
• Collaborative gamified environments mitigate individual cognitive biases by forcing teams to consider a broader range of threats and strategic responses.