Everyone admires a genius. Brilliance, especially in business, can carry a mediocre vessel across near-miraculous distances. But if a select few at the top of the business are the only ones with sturdy financial knowledge, the whole structure will topple. … Read More
In preliterate, prenumerate societies – according to dubious sources – people only count “One, two, many”. It seems a little strange, given how much people everywhere use their fingers for keeping track of larger numbers and that most people have … Read More
Business acumen is a subject that we normally teach within Fortune 500 companies like HP, Abbott Labs, Heinz and Ashland, or in academic programs like the Executive MBAs at Cornell-Queen’s, Kennesaw State and Villanova. However we also provide pro bono … Read More
People learn best when they are engaged. Engagement is easy when people are involved in a team competition. A good business simulation like Income/Outcome provides this. And when people compete head to head to win customers in a competitive market, … 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 in the center. For example, here is … Read More
Sometimes people working for non-profits or not-for-profit organizations are unfamiliar with basic business concepts and ideas. Non-profits don’t consider themselves to be “in business.” They see themselves as an organization working for the betterment of the community or the world. … Read More
When I was young and inexperienced in running business simulations, many years ago, I led a 3-day workshop for a Fortune 50 computer manufacturer in which the participants came from a variety of departments. People sat with their friends. The … 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 usefulness of the Company Board is that it presents financial information in a visual manner. For people who do not enjoy looking at long columns of small numbers, this may make the information more accessible. It can also clarify … Read More