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How to Develop Business Acumen with a Customized Simulation

Posted Apr 2, 2013  in Uncategorized

Normally our prospective clients are happy with the range of products we offer for teaching business acumen: five levels of program to choose from, multiple industry models, and a dozen languages. And we end our workshops with a module that … Read More »

Business Strategy Games and the “Just Do It” Principle

Posted Jun 21, 2012  in Uncategorized

Maybe managing a business is like riding a unicycle: no amount of talking about it will build core competencies. If someone wants to get the hang of it, they have to do it. Recently Robin wrote about the importance of … Read More »

What We Can Learn About Business Acumen From Kodak’s Bankruptcy

Posted Feb 2, 2012  in Uncategorized

Another once-dominant iconic company, Kodak, declares bankruptcy and the stories fly about mismanagement, the lack of visionary leadership, and lost opportunities. After all, Kodak invented the digital camera in 1975 and did nothing with it for 15 years. How could … Read More »

Experiential Learning: Thoughts Through the Ages

Posted Sep 26, 2011  in Uncategorized

The value of experiential learning is something that has been noted throughout time, from the sayings of Confucius, who said: “I hear and I forget. I see and I remember. I do and I understand.” to the 17th century mathematician … Read More »

Wrestling With Finance Jargon in Business Literacy Training

Posted Sep 8, 2011  in Uncategorized

During business literacy trainings we use Income/Outcome® business simulations to familiarize employees with fundamental concepts in finance, like: What is profit? What is a fixed cost? What is depreciation? You might look at the above list and think “profit is … Read More »

Taste Experiential Learning (You Can’t Get Full By Reading the Menu)

Posted Sep 1, 2011  in Uncategorized

Behind the scenes at Income/Outcome I read an adage in an airline magazine some years ago. I kept it in my head because it works perfectly for explaining why you can’t ‘sell’ experiential learning by asking people to read about … Read More »

Five Minute Example of Finance for Non-Financial Managers

Posted Aug 15, 2011  in Uncategorized

Skeptics said no quickie business simulation could teach a foundational concept in finance to non financial managers. I love a good challenge. This business simulation builds business acumen quickly & effectively. The same method is at work in our popular … Read More »

Should Business Simulations for Senior Managers Include More Detail?

Posted Aug 10, 2011  in Uncategorized

Sometimes conversations with clients turn to how much detail a business simulation for senior executives should have. Here are my two cents. When planning a business simulation for managers it is tempting to try to model the real world as … Read More »

Trust and Transparency in Business Simulation Games

Posted Jul 27, 2011  in Uncategorized

  In this clip, an Income/Outcome business simulation game helps savvy Gen Ys learn business finance. There are no hidden dynamics in our board-game simulation. Every action is visible, every decision can be tracked, and every effect has a demonstrable … Read More »

The Secret to Winning Our Business Strategy Game

Posted Jul 5, 2011  in Uncategorized

Some time ago I heard a client talking, 5 years after the fact, about how her team should have won in a the Income/Outcome business simulation. It got me thinking about healthy competition in a business strategy game… and about … Read More »

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From the Blog

  • Business Acumen Is the Glue That Holds Your Company Together
  • Finding Silver Linings in Global Catastrophes
  • How to Pitch Employee Engagement to the CFO
  • Edible Games!
  • A Playground for Thought Leaders, “Open Future”

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