Hacking Fredkin’s Paradox in Business Written by Nikolai from Income|Outcome “…a man, being just as hungry as thirsty, and placed in between food and drink, must necessarily remain where he is and starve to death.” –Aristotle, On the Heavens … Read More
Bemus Landscape experiences greater company-wide communication and holistic business understanding after completing an Income|Outcome Andromeda business simulation workshop. Bemus Landscape, Inc. began as one man’s venture in earning cash to pay for college in 1973. From humble beginnings mowing lawns … Read More
Companies don’t operate in isolation. Instead, they operate in fields with three to twenty competitors. And any slight, unexpected occurrence can cause a shuffle in the ranks. It doesn’t matter if the occurrence is good or bad. Whether it be … Read More
By 1996, Michelin Worldwide was facing an unfamiliar challenge. To better serve the Customer, Michelin needed to align its organization into product lines, something that had been absent up to that point. Previously, critical management decisions were made at corporate … Read More
Towards the end of Income/Outcome workshops we look at Key Performance Indicators (KPIs) and other metrics, and consider how people change their behavior depending on what they are measured on. We subscribe to the rueful view that if you measure … 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 simulations provide golden opportunities to make connections to the real-world business. Here, Ana Leiderman talks about how game dynamics lead to insightful decisions about sub-contractors. ===== In a business simulation teams will push the limits, such as deciding to … 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
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