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How To Create Stronger Teams At Work
Leaders need to know when to get out of the way and let a team find its own path to high performamce

Other business simulations Related Articles

How Simulations, Games, Virtual Worlds, and Web 2.0 are Revolutionizing Education and Training
There is a quiet revolution happening in education and training around the world. Simulations, games, virtual worlds, and Web 2.0 are quickly changing perceptions of how we can and do learn. Some even anticipate that they will change learning more in the next 10 years than anything has since the invention of the printing press. This revolutionary change has the potential to impact formal and casual learning at all levels of society, from public education, home learning, corporate training, military and combat readiness, to economic development and nation-building. Read on to learn more about these drivers of change and how they can be harnessed for individual and organizational success.
Three Reasons Why Revolutionary Change is Happening in Education and Training Today
Simulations, games, virtual worlds, and Web 2.0 are revolutionizing education and training around the world. Here are three reasons why it is happening today.
The Key Benefits to Having a Business Plan
If you are considering establishing a business of your own, it is important to understand the key benefits to having a business plan. A business plan is a document that is strategic in nature and explains the current status of a business or a proposed business. If you are in the developmental stages of a business endeavor the business plan is an essential component to the achievement of the goals that you have for that business.
Sales Training that Really Works
Research and practical experience reveals that many of the widely used sales training approaches and techniques are largely ineffective with a relatively small proportion of the learnings being retained after the training event. Salespeople have relatively little brain space allocated for theory and respond best to highly interactive, participative and engaging simulations that mimic the reality that they will face in the field. Such simulations are feedback rich and play on salespeople's competitive instincts as they compete with one another in the simulations.
Business Finance
Business finance is customarily the most important detail if your considering starting your new business, increasing your existing business, or possibly merely maintaining the certain quality of business. Business loans may generally thought of as a unfavourable course of action from the business owner however if operating right it could really become a salvation of your business and it's continuous progress along with it's welfare.

Giving Employees a Test Run Before Hiring
Be gone with staid interviewing questions, behavioral “what ifs” and real-life simulations. Just put the candidate to work and see for yourself firsthand whether he/she is actually what he/she claims to be. Not that all other techniques should be done away with entirely, but at least with a pre-hire trial approach, decisions don’t need to be solely dependent on a set of variables that are tenuous at best.
Whether you want to Buy a Business or Sell Your Business - Let me ask you, have you ever wondered how to value a business?
Have you ever wondered how to value a business? Business valuation methods vary depending on whom you ask. Many business brokers use the common multiple method. For those who are searching for a business to buy or business owners looking to sell their business, valuing a business can be somewhat confusing. To gain a better understanding how business brokers value a business, I have provided an example. See why there is so much confusion and how you can overcome it yourself.
Growing Your Small Business with Non-Traditional Financing
Small business owners are always seeking ways to grow their business. Whether you are going after business-to-business (B2B) clients, business-to-government (B2G) contracting opportunities, or business-to-consumer customers (B2C), growing your business is the foremost thing on your mind.
Discovering the Business Moat is a key to selling or buying a business.
Every quality business has a “Moat”. And when a business is for sell it is crucial that a business seller and a business buyer discover exactly what the business moat IS and how deep it IS. The Business Moat is the reason why the business has survived over the years and why it is reasonable to expect that you will survive the next several years. This exercise is designed to help you think through your business and discover the “Business Moat Characteristics”. Many Buyers and Seller’s do not even know that they existed prior to us asking the question. Therefore, we are going to ask you in ways that we hope will help you think about your business differently. “In business, I look for economic castles protected by unbreachable ‘moats’.” -Warren Buffett
Don't use Rules of Thumb when valuing a business.
When valuing a business to buy or sell don't focus too much on financial statements alone. While these are important aspects of the business they are not the only value drivers that the business has. The value of a business goes deeper than the industry that the business is in. More than the profit of the bottom-line of a tax return. When you want a quality business to buy or want to sell your business for the maximum price. It is crucial to discover the individual personal characteristics that the business has over it's competitors.

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