• 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…

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  • September 2022 – Even AC/DC Can’t Buy an Electric Truck

    Imagine driving down the road in a fully-electric Ford Maverick truck, sipping on a carton of Oatly oat-milk.  Well, forget about it – because Ford has stopped taking Maverick orders until 2023, and Oatly’s oat-milk production efforts have been an udder disaster. The problem isn’t that no one likes electric trucks and oat-milk – it’s…

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  • September 2022 – “Intentional” Tips & Tricks – Chunking and the Segmenting Principle

    Going through a business simulation can be overwhelming. There is a lot of content to be covered in a limited amount of time. An experience like this can overload participants’ working memory[1] making it difficult to retain and understand all the information. At PriSim, we have applied the Segmenting Principle[1] to help participants better digest…

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  • August 2022 – In the Queue for Better EQ (Emotional Intelligence)

    It’s common knowledge that soft skills are important for business leaders and managers, but do they really create results?  Like better decision-making and improved business outcomes?  A BBC article reports that soft skills were the most valued qualifications for 91% of management job listings, 86% of business-operations jobs, and 81% of engineering jobs.  That’s a…

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  • August 2022 – Hard, Valuable, Fun (HVF) Business Simulations

    I recently listened to a How I Built This podcast featuring Max Levchin (founder of Paypal and Affirm). In the podcast Max discusses the acronym HVF. An interview with Eric Scott, one of Levchin’s colleagues, provides us with the following background/description of HVF: Max was working on an incredibly technically hard problem (at PayPal) and…

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