We often look at business acumen as a group of business skills competencies including finance, strategy and decision-making. Today I was reviewing some post-workshop comments from an Income/Outcome program in Japan, and I realized that ‘big picture understanding’ may not … Read More
“Heaven is where the police are English, the mechanics are German, the cooks are French, the lovers are Italian, and the whole place is run by the Swiss. Hell is where the police are German, the mechanics are French, the … Read More
Over a hundred countries around the world use an agreed set of “international financial reporting standards” (IFRS), but the US is not among them. It uses its own “generally accepted accounting principles” (GAAP), which is not generally accepted. American exceptionalism … 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
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
The Company Board™ is a graphical presentation of the financial results of a company. Individual line items in the Income Statement and Balance Sheet are represented by colored stacks, with the scale shown at the bottom left Income Statement The … Read More
LiveScience.com has an article on the use of memory, it talks about how we focus our limited resources on remembering key parts of a scene, and put less memory into less important parts. They illustrate the concept with a photo … Read More
The Cranfield School of Management in the UK concludes in a recent report that staff training saved money, improved staff motivation and increased employee retention. From their poll of more than 1,100 training and recruitment manager, they concluded that the … Read More
Aifa, a new management consulting and training firm with offices in Montevideo is bringing the Income/Outcome board game business simulation to Argentina, Chile and Uruguay. Since 1996, US-based Andromeda Training has provided business acumen training workshops incorporating their highly successful … Read More