-
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…
-
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…
-
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…
-
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…
-
May 2023 – Whatever Floats Your Business Boat…
Timing is everything – and when it comes to financial float it so happens that time actually is money.
-
April 2023 – When Companies Buy Back Their Shares and Go Home
It’s never fun when a kid threatens to take their ball and go home. What about when companies do it with their shares of stock? 2023 is shaping up to be a big year for share buybacks, with more than $1 trillion in repurchases expected by the S&P 500 alone. That’s a lot of money…
-
March 2023 – 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…
-
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…