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The Ludic Fallacy

Posted Oct 27, 2015  in Financial Literacy, Learning & Development, Thought Leaders

Watch Out for the Ludic Fallacy: Don’t Let it Spoil Your Business Simulation Game Experience Written by Nikolai from Income|Outcome Humans have been modeling life with games since at least the First Egyptian Dynasty and have been using what they … Read More »

Do Finance managers ever go bankrupt in Income/Outcome?

Posted Nov 21, 2012  in Uncategorized

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 »

Wrestling With Finance Jargon in Business Literacy Training

Posted Sep 8, 2011  in Uncategorized

During business literacy trainings we use Income/Outcome® business simulations to familiarize employees with fundamental concepts in finance, like: What is profit? What is a fixed cost? What is depreciation? You might look at the above list and think “profit is … Read More »

Debrief with Company Board, with a strategic acquisition

Posted Sep 1, 2009  in Uncategorized

The Company Board debrief at the end of a recent 2-day workshop provided clear examples of several benefits of using this tool: connection of the simulation to the client’s real world clarification of real-world issues development of Finance personnel as … Read More »

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From the Blog

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  • Business Acumen and Financial Literacy Through Interactive Learning: The Income|Outcome Experience

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  • Better Business Decisions (4 Hours)
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  • Finance & Strategy (2 Days)
  • Managing a Global Business (3 Days)
  • EMBA & Exec Ed

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