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We Are The (Executive) Champions of the World. And of your Business Simulation Class.
With all due respect to the band Queen – we are not ‘the champions of the world’ in which our business simulation classes run. Instead, we need an actual Executive Champion to keep on fighting ‘til the end. And through their participation and influence, to help support our classes. Executive support is valuable for anything…
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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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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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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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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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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…