Some of my favorite quotes for training, and experiential learning in particular: First, the famous one from Confucius, “I hear and I forget. I see and I remember. I do and I understand.” (The first sentence may be more accurately … Read More
We use visualization methodology in the simulation and the new app… so we are always looking for other visual displays of information. There are lots of great visualization techniques being used today, and I would like to share one of … Read More
I recently read an article about game transfer phenomenon. This is the idea that people merge subjective realities and take a game-related action in real life. The author of the article starts by talking about unexpectedly using Mario-Kart driving reflexes … Read More
Someone on a LinkedIn forum recently asked: “What kinds of topics would you like to see covered in a 2-day Management Development workshop?” My reply was: “I recommend that the first day be a team-competition business finance simulation: a good … Read More
Some say it’s still a recession, others say it’s a very slow recovery. Either way, the money is tight. So what’s a company to do? While some companies are slashing their budgets in every direction, smart companies are shifting to … Read More
Lots of people have ‘fear of finance’… students, investors, even business owners (we have met a suprising number of entrepreneurs who let their accountant manage the finance portoin of the business). In the past few months we have worked with … Read More
In 2001 Eliza and I went to Kitwe in the Copper Belt area of Zambia, to run Income/Outcome workshops for Chambishi Metals and to license them to do their own training. We ran a ‘Finance For Everyone’ (Level 2) workshop … Read More
The value of the ‘big picture’ The purpose of business acumen training is to improve people’s decision-making skills and thereby improve the long-term health of a company. This requires an understanding of how all the components of the business work … Read More
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
A couple of weeks ago I ran across a great People Management news video from this spring. In it three learning and development pros comment on their biggest challenges and one makes some interesting observations on trends. In this People … Read More