Good simulations act as idea generators. Exploring the rules and boundaries of a simulated environment allows one to test out ideas in a safe way. In a…
People have different learning styles. Not everyone thinks visually, although most people do. This is important for game developers like Andromeda…
Bemus Landscape experiences greater company-wide communication and holistic business understanding after completing an Income|Outcome Andromeda business…
Every employee contributes to a company’s financial health—whether they realize it or not. Zingerman’s 10 rules for engaging employees in finance align with Income|Outcome’s philosophy: business acumen should extend beyond leadership. From understanding financial reports to differentiating profit from cash, this post highlights four key financial concepts every employee should know.
If you were to sell off everything in your business at book value and pay off your debts, how much cash would you be left with? That’s shareholder equity.…
Working capital isn’t about fixed assets or long-term strategy. It’s about today . It’s the money that keeps your business moving — or holds it back. And…
Rick Wingo is the Director of Finance for Micron in Manassas, VA. Rick, who joined Micron in 2012, took some time to share with us his experiences as the…
In business, there are two kinds of costs: direct costs and indirect costs. What are Direct Costs? A direct cost is the cost of producing goods or…
Don't Let it Spoil Your Business Simulation Game Experience Written by Nikolai from Income|Outcome Humans have been modeling life with games since at…
Learn the basics of an income statement, its components, and why it’s essential for understanding a business's financial health.
The Balance Sheet is a statement of what you have (in the business) and where the funding came from . It adds together all the assets in the business…
There is an astonishing phenomenon that occurs in business. When departments discuss finance, people often use different terms to refer to the same thing.…
By 1996, Michelin Worldwide was facing an unfamiliar challenge. To better serve the Customer, Michelin needed to align its organization into product…
We’ve said it before, and we’ll say it again: The Income|Outcome ® Business Simulation is nothing like Monopoly® or The Game of Life®. The concept of…
At Income|Outcome workshops, we delve into Key Performance Indicators (KPIs) and other metrics to explore how measurement influences behavior—and…
In any organization, the ability to circulate information quickly and effectively is what keeps it competitive. Just as a healthy body relies on the…
In February 2014, Singapore's Ministry of Manpower released the "Labour Force in Singapore, 2013" report, revealing that nearly one-third of the nation's…
We’re transitioning to a new Income|Outcome logo—one that reinforces the core financial concepts embedded in the game board and Visual Finance app. See how this design shift strengthens financial learning, and check out the new facilitator videos as they become available.
Embracing Change: Business Acumen in an Unpredictable World We all say we know that the world is changing faster than ever . But do we truly embrace…
Two weeks ago Andromeda Training was a corporate attendee in Paris at the annual conference of the Executive MBA Council . I'm illustrating it with the…
For the fifth year, Andromeda has been a Corporate Member of the Executive MBA Council with a presence at the annual global conference. This year’s event…
Business acumen is a subject that we typically teach within Fortune 500 companies like HP, Abbott Labs, Heinz, and Ashland, or in academic programs such…
In 2014, the Cornell-Queen's Executive MBA program exemplified a pioneering partnership between two esteemed institutions: Cornell University in the…
Great infographics combine data and design to engage both the eye and the mind. From Napoleon’s retreat from Russia to General Motors’ pre-bankruptcy financials, visual storytelling can reveal insights that numbers alone cannot.
Business simulations offer invaluable opportunities to bridge theoretical knowledge with real-world applications. In this context, Ana Leiderman discusses…
