-
May 2026 – AI: The Force-Multiplier for Business Simulation Cheats and Scoundrels
We’re all part of a giant AI business simulation. Whoops – we meant AI business experiment… As participants in this experiment, we thought it might be helpful to describe how we are using AI in our business simulation classes and competitions here at PriSim. To go back a bit: first we had to include a…
-
March 2026 – Put your tech down and get down – to business
If you’re like us at PriSim Business War Games, you’re obsessed with the latest tech. Business simulations, AI, robot vacuums – maybe even smart contact lenses. But sprinkled in with the high-tech dashboards and real-time data analytics in our business simulation classes, we also deliver some of our most powerful learning moments using the simplest…
-
October 2025. An Idea From Mr. Buffett – Stop Coming Up With So Many Ideas
We know he’s retiring, but who wouldn’t want a ton more good ideas from Warren Buffett before he does…? A WSJ article explains that just one good idea every 5 years was actually more than enough for Mr. Buffett. But hold on, what was he doing the rest of the time? Creating astronomical investment returns…
-
May/June 2025 | Fortunate are Those Who Report Way Less and Way, Way Less Often…
Let’s simplify financial reports. In fact, let’s just get rid of them, at least quarterly guidance reports. Why? Because Warren Buffett said so. An article from BCG describes today’s financial reporting efforts as focused 80% on report generation but only 20% on analysis and insight-generation. And that most financial reporting can be improved by taking…
-
May 2024 – A Recipe for Success from Traditional French Bakeries
Traditional bread bakeries are the toast of France due to some astute strategic-planning and a unique twist on a phrase often used in the real estate industry: location, location, location. In a bite-sized article in Harvard Business Review, the authors describe the surprising results of a detailed (but presumably well-fed) analysis of 19-years’ worth of…
-
February 2024: Data Rich – but Collaboration Poor…?
Big Data has had its share of big news days, even becoming the coolest class at some California high schools. And as California goes, so goes the nation. Maybe, but with one caveat that might deter some would-be big-number crunchers: it turns out that data scientists actually have to talk to other people and even…
-
November 2023 – Insurers Pay The (Inflated) Cost to be The Boss
PriSim recently held a virtual Open House featuring business simulations for the insurance industry. One of the discussion topics was how hard the insurance industry has been hit by inflation. Insurance companies sometimes get a bad rap for their profitability, but inflation is adding pressure to claims expenses and increasing the cost of repairs, litigation,…
-
September 2023 – New-Customer SOS (Shiny Object Syndrome)
McKinsey & Company has revealed a top-secret competitive advantage for incumbent companies: their existing customers. Customer retention is almost always less expensive than customer acquisition. And the data supporting that common knowledge is striking: McKinsey found that the most effective growth companies produce 80% of their value “from their core business – principally, unlocking new…
-
July 2023 – Leadership That’s Legit
Companies give CEOs an enormous amount of authority to lead the people in their organizations. But authority is a blunt instrument and new CEOs and business leaders should ‘resist authority’ from becoming their main leadership tool. And while competence provides a leader with greater influence than simply authority, an article in Harvard Business Review finds…
-
June 2023 – SPACs Give Their Goodwill Back
Sometimes companies throw a business-related Hail Mary pass and hope for the best. But many of the pass attempts by companies that went public through the non-traditional IPO process known as SPACs (Special Purpose Acquisition Companies) in the past 2 years have landed incomplete. Including a SPAC from former NFL quarterback Colin Kaepernick, which cost…