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Flight Simulators for Business
On February 12, 2009, a pilot flying near Buffalo, NY, pulled his plane into a steep climb, stalled and slammed into a private residence, killing the homeowner and all 49 passengers. Because there is no Federal requirement to use simulators that accurately represent how out of control planes behave, pilots receive little or no hands-on…
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Toyota and Managing a Crisis
We recently read a great analysis of Toyota’s recall crisis in The Detroit Free Press. The article describes how growing pains caused by rapid expansion, strained engineering resources, and a centralized corporate structure put stress on Toyota’s admired corporate discipline – and created the the company’s first serious recall in more than 50 years of…
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4-Actions to Survive and Emerge Triumphant
Here is an outstanding blog entry we wish we had written! The article was published on HBR’s weblog and was written by Rosabeth Moss Kanter, a professor at Harvard Business School and the author of Confidence and SuperCorp. The author outlines four specific actions that companies can take to not only survive the recession, but…
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Ask the Dumb Questions | March 2010
An article titled Ask the Dumb Questions in USA Today caught our eye. It was so relevant to new business decision-makers that we’ve made it a pre-read for all our PriSim courses. It takes courage to admit that you just don’t understand the whys and wherefores of the current U.S. financial crisis – especially when…