You get different benefits from attending an Income/Outcome workshop, depending on whether you are attending as an individual, as part of a team, or as part of an extensive rollout by your company. As an individual, you will learn “the … Read More
Business acumen is “keenness and speed in understanding and deciding on a business situation.” Companies want to develop these traits, especially in their senior managers – but also in the workforce at large. Most companies would like a corporate culture that nurtures … Read More
Business acumen: “Keenness and speed in understanding and deciding on a business situation.” The need for this is particularly strong when your industry is being unexpectedly disrupted. You might think that disruptions are essentially driven by technological change, and therefore usually only … Read More
The lexicon of the Financial Times defines business acumen as “keenness and speed in understanding and deciding on a business situation.” It goes on to clarify: “In practice, people with business acumen are thought of as having business ‘sense’ or business ‘smarts’.” … Read More
We have started working with the Acumen Fund, based in New York, who provide developmental training and opportunities in a variety of countries. Let me point you to their blog for a chatty overview of their activities… and to give … Read More
Income/Outcome is a hands-on board game business simulation that puts players into C-level roles running their own business. They become entrepreneurial executives, their teams become corporate giants, and the classroom becomes an entire industry. Income/Outcome is a team competition that … Read More
The idea of the 3D printer is now becoming familiar, and home kits are available for hobbyists and entrepreneurs who have $350 to $2,000 to spend for printing out projects and prototypes on their kitchen tables. The Wikipedia article on … Read More
Apple will shortly begin paying a regular dividend, which some investors take to be a bad sign. Apple is now sitting on $100 billion in cash and investments – see the illustration of their 2011 year-end financials below: apart from … Read More
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
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