• January 2024 – Words of Wisdom…in a Glossary

    While not as scholarly and elegant as a dictionary, one should never gloss over the importance of a glossary.  Especially in a business simulation class. Accounting is often referred to as the language of business.  But if that’s the case, then many industries seem to be speaking their own dialects.  And often have a vocabulary…

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  • June 2023 – Every Kid (and Simulation Team) Wants Their Own Room

    Everyone likes having their own room – but what if the simulation teams in your class have to share? A typical business simulation class has 2 main elements – a group lecture/discussion segment and a simulation segment with the competing teams.  A key decision point in your planning is whether you’ll conduct both segments in…

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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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  • 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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  • May 2022 – Spiraling Out of Control – Wages and Prices

    Unless you’ve been hiding in your basement for the last couple of months (understandable if you were), you’ve probably heard about the dreaded Wage-Price Spiral (WPS) that many economists are predicting. A WPS can occur when prices rise, causing workers to demand higher wages.  Companies then raise prices again to cover their now-higher wage expense…

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  • March 2022 – Sim Tips Videos – Seeing (a business simulation) is Believing

    When you have a question about PowerPoint or Excel, or even about how to change the oil in your car, where do you go to get the answer – YouTube, or to the 100-page user manual in 8-point font sitting on your bookshelf? If you’re like most people, you’re a visual learner and you go…

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  • Teaching a Business Simulation Class – Team or Solo Sport?

    It’s been said that there is no ‘I’ in Team, but that there is an ‘m’ and an ‘e’. Given that dichotomy, when it comes to teaching a business simulation class, what’s better – a Team or a ‘me’ approach? Like deciding whether to turn a car right or left at an intersection, it depends…

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  • How Jelly Beans Can Change The World

    It goes without saying, but we’ll say it anyway: it’s rude and inconsiderate to show up late to a meeting.  And while it shouldn’t need to be researched, you’ll find lots of data to support the negative impacts of tardiness, such as this article and this one. Think about it: ten people waiting six minutes…

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  • December 2013 – The Tech Revolution Sparks a Learning Revolution.

    The Tech Revolution Sparks a Learning Revolution If you have some free time over the Holidays, you might want to use your iPads, tablets, or laptops to take one of the free online courses offered by Khan Academy. A not-for-profit with a mission of “providing a free world-class education for anyone anywhere”, the organization has…

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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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