As part of helping people visualize how they impact the business they work in, our Income/Outcome simulations all use little wooden figures to represent a company’s various job functions. Some stand on the Balance Sheet, for example if their labor … Read More
SOGES S.p.A. provides management training as part of its broad range of consulting services. Based in Italy but with offices across southern Europe and as far as China, it has a staff of 120 together with a network of over … Read More
The Financial Acumen workshop we developed in conjunction with Saudi Electricity Company in 2011 has now led to the signing of a two-year Agreement with them. We are scheduled to provide Income/Outcome workshops for hundreds of executives and senior managers, … Read More
Just because you follow the recommendations in the previous post to improve your decision-making by broadening your sources of information and opinions, it doesn’t mean all your problems are solved! What happens if everyone has a different opinion? Suppose you … Read More
Good decision-making is impaired by two things: limited information, and by the decision-maker being too narrowly focused – especially when events or conditions are abnormal, or outside the decision-maker’s experience. This is confirmed by a study published in April 2012 … Read More
How do you make sure you are getting good information? And how do you make good decisions, especially when faced with conflicting data or forecasts? You need three things: Business literacy. A common language and common understanding of finance, because … Read More
I believe the speed and accuracy of the flow of information is the greatest competitive advantage available in the business world today. Without it, any business acumen competency is worthless. Stories from three of our clients come to mind: A … Read More
For 15 years the Tel Aviv-based training and consulting company Yissum has been our partner in Israel. Led by Israel Yogev and Rami Joseph, they have been enormously active in generating new clients – a situation that has been forced on … Read More
For the past couple of years Andromeda Training has been working directly with various organizations in Saudi Arabia and the UAE, as the rapid changes in the region fuel demands for better business acumen. Humans have been walking out of … Read More
Google has been buying companies at the rate of one a week for the past couple of years. Most of these companies are bought for under $10 million, but there have been larger high profile acquisitions for nine to 11 … Read More