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
As the fiasco in Washington D.C. unfolded, I couldn’t help but wonder how those who have been through our business simulations would handle the debt ceiling issue. Walt Herbert runs this thought experiment in a recent article: “Suppose a corporation … Read More
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
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
The July issue of Chief Learning Officer magazine features an in depth piece, “Beyond the Sage on the Stage,” about engaging managers and senior executives through “active and immersive learning.” The authors, James H. Gilmore and Cheryl D. Stokes, write: “As … Read More
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
Maybe a one-size-fits-all simulation will meet your specific training needs. But if you are looking for multiple simulations for multiple audiences, make sure the simulations share a common ‘look and feel’ (among other things discussed in this series of articles). … Read More
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
This is one of my posts in a series telling about ways a business acumen simulation can go wrong. Near the top of the list is training that involves individuals being isolated — and here’s why. A team-based simulation is … Read More
In this Gotchas Series I’m writing about the top 12 ways a business acumen simulation can go wrong. Near the top of the list is excessive navel gazing — here’s why. Encourage buy-in and critical thinking You want to create … Read More