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March 2023 – Message in a Bottle from Future Employees
It’s important that companies listen to their employees. But what about listening to their future employees? The ones they don’t even know and who may not even be out of college yet? Companies that don’t listen will have trouble winning the war for talent. And as we posted last month, the war for talent will…
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February 2023 – Training Programs – Good for Employee Engagement (and for robots too)
Our previous posts on employee engagement have discussed The Great Resignation, Quiet Quitting, and the persistent war for talent. Perhaps the U.S. chairman of PwC has also read our posts – but in his opinion talent has already won the war… If you can’t beat them, join them. Learning and development training programs, it turns…
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January 2023 – Quietly Firing the Quiet Quitters
Last month we wrote about The Great Resignation and the employee engagement challenges that have arisen post-Covid. But let’s quit discussing that and start quietly talking about quitting… “Quiet quitting” is a catchy and popular buzz phrase to describe employees who are disengaged from their jobs and who do the least amount of work to…
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December 2022 – Did Your Simulation Get the Memos?
Simulations are high-tech learning solutions – but sometimes you need to get off the digital and get on the paper. Jeff Bezos said that replacing PowerPoint presentations at Amazon with “six-page, narratively-structured” printed paper memos was the smartest thing they ever did. We’ve talked in previous blog posts about adding pen-and-paper exercises to business simulation…
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December 2022 – The Great Resignation – Did You Break Off Your Engagement? (with employees)
Sometimes it’s hard for companies to remember that employees are assets to the company – not expenses. But employees themselves seem to be on a mission to remind companies of that very fact. The Great Resignation came to be during the chaos of the pandemic as people redefined the meaning of work and their place…
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December 2022 – Business Simulations as a Teaching Laboratory
“Edison’s Lab” by Elfboy is marked with CC BY 2.0. To view the terms, visit [1] I like to think of a PriSim course as a business laboratory in which students learn by doing; but also, as a teaching laboratory in which instructors improve the learnings with small but valuable adjustments. One such small adjustment…
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November 2022 – Never Surveyed a Customer We Didn’t Like
Companies are in business to fulfill their customers’ needs and/or wants, and producing satisfied customers is one of the most important business results that a company can achieve. The best companies strive not only to deeply understand the needs and wants of their target customers – but also to understand how well they are fulfilling…
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October 2022 – What is the ROI of a PriSim Business Simulation?
PriSim exercises build business acumen, financial acumen, leadership and team decision-making skills. Our learning laboratories provide participants with a “practice makes perfect” opportunity to learn. Participants have fun during our courses and consistently report that their PriSim learning experience was one of the best they’ve ever had. But… what is the potential ROI of their…
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October 2022 – News Flash – Inflated Prices are Still in Demand
How high can prices stretch up before demand snaps down? Inflation hasn’t put much of a damper on spending yet, but it’s getting a lot of attention lately in corporate earnings calls, and some business leaders are concerned that rising prices will result in significant drops in demand. Walmart and Kellogg are already seeing changes…
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October 2022 – People Should Know (Some) of What the CFO Knows
Believe it or not, scientific research has shown that Chief Financial Officers tend to be people who like numbers. Unfortunately, it’s likely that not all of the other people at their companies do. HBR found that 93% of Americans have “math anxiety”, typically caused by “math trauma” in childhood. And check out the results of…