Case Study: Beam Inc.
Income|Outcome has been highly effective at helping Beam employees overcome their fear of finance and getting them more involved in the budgeting process. It is also improving communication throughout the company. Six weeks after each workshop, surveys showed wide-ranging benefits already taking hold at Beam. These are in the form of better pricing, shorter meetings, stronger inventory management, more attention to cash flow, and improved budgeting.
Client Story: LORD Corporation
LORD chose Income|Outcome business simulations to develop business acumen in their employees, many of whom are engineers and operational staff. This has helped them understand the implications of financial reports and how their actions could affect key corporate performance metrics.
Client Story: Michelin North America
Wanting to shift profit responsibility down the management chain, the tire manufacturer went looking for a tool to increase financial literacy throughout the organization. They chose the Income/Outcome simulations to educate and align employees in making better business decisions – decisions that link to the financial success of Michelin.
Client Story: Houston Lighting and Power
(now Reliant Energy)
Facing deregulation of the industry, this energy company needed to change its culture. Before, government-approved pricing took competitive pressure off. Now the organization would have to meet the challenge of operating profitably in a competitive market, serving price-sensitive consumers.
“I want every single person in my organization to understand how the decisions they make every day impact the bottom line. Income/Outcome makes it happen”
Jason Schweizer, Senior consultant, Houston Industries Incorporated, February 2008
Client Story: PrintPack
PrintPack has been using Income|Outcome business simulations since 2000, growing business acumen & financial literacy throughout their organization. Amy Stephens has written a case study in recognition of their 50th business game which they recently ran in Mexico (Sept 2009).
Client Story: Schneider Electric
Tim Treger, Senior Manager of Learning and Development, was searching for a way to deliver information more effectively and discovered Income|Outcome. “We use it to teach finance to non-financial managers. It takes a very dry topic and makes it more real to life by helping people understand the true implications of the financial decisions that they make,” says Treger. Since 2007, hundreds of employees have participated in the simulation. “It’s one of the highest rated programs we have. Employees say they really enjoy it.”