Fear of Finance

This is becoming a recurring theme for us, in both the academic and corporate sectors; and our experience highlights the value of using a business simulation as a tool for finance skills training. At Coles College of Business, Dr. Alison … Read More »

The “Driving the Car” Joke

A joke I’ve made (but which sometimes gets me into trouble from which, I often try to extricate myself with the help of a Davenport attorney) is about how different departments in a company drive the company car. The Finance … Read More »

Competition in a Business Simulation

Income/Outcome is a competitive business simulation, and that competition is an important element of the learning environment. Competition creates engagement – people like playing games so they are attentive to the learning environment. Additionally, competition provides the ‘hook’ for the … Read More »

Speed and accuracy of communication

Going through an Income/Outcome workshop provides a number of business competencies including the ability to read and visualize financial statements. You will make better decisions. In the simulation, you learn to use game board itself as a mental checklist for … Read More »