“The secret to success is to do the common thing uncommonly well.” -John D. Rockefeller Jr. When students ask us for advice on what to do or how to achieve a high Shareholder Value, we tell them, making decisions that closely mimic the initial or default set of decisions will not help add value. You … Continue reading SOM Strategic Management Showcase at NJIT
Iron is defined in the dictionary as “strong and capable of great endurance”4, while an Accountant was defined by Peggy Bishop Lane (Wharton Accounting professor) as someone who can speak the “language of business”.4 She said Accounting is the language of business as “it’s how businesses communicate about what they’re doing to their investors and … Continue reading The Third Annual Iron Accountant Competition at Loyalist College
Takeovers are an optional feature in MikesBikes-Advanced that Smartsims can enable at your request. Once enabled, students have the option of entering a takeover bid under the “Investments” menu within the simulation. This menu shows all of the firms in the industry, differentiated by those who are available for purchase and those who are already … Continue reading Takeovers in MikesBikes-Advanced
Welcome Camille Canuto! The newest addition to our Auckland Office will be graduating from The University of Auckland this May with a double major in Employment Relations & Organization Studies and Film, TV and Media Studies. She has previously worked in a customer service environment for nearly four years. Camille has gained experience with MikesBikes-Advanced … Continue reading Camille Canuto Joins The Smartsims Team
“At some of the top universities in the world … you are in a room with 200 or 300 people and someone is lecturing. I think institutions that continue to do that in 10 years are going to be in trouble” states Salman Khan, the creator of Khan Academy. “Teaching methods will need to change … Continue reading Innovation is needed if Tertiary Institutions want to survive, US speaker tells Kiwi summit
June 8th marked the start of this year’s Junior Achievement Business Week where High-School students from around the United States travelled to Johnson & Wales University in Denver to experience all aspects of business. This year the organizers sought to cultivate student’s business acumen through coaching from industry leaders accompanied by activities that put these ideas … Continue reading MikesBikes at Junior Achievement Week 2014
Semester 1 – 2014 AUT has recently concluded another successful semester using MikesBikes-Intro as part of its Marketing Strategy course. As they do every semester, students first got introduced to the simulation to understand the bare essential business concepts necessary to survive. As they watched and learnt, they were able to refine strategies to adapt to … Continue reading AUT MikesBikes Prizegiving
On March 21st and 22nd 2014, the University of Waterloo hosted their annual two-day Science and Business conference dubbed Fusion! Each year, Fusion aims to expose their delegates to industry leaders through interactive breakout sessions, employer expositions, and competitive networking events all the while exploring a common theme. This year’s theme, “Anticipate. Adapt. Achieve.”, revolved around … Continue reading Fusion 2014: Anticipate. Adapt. Achieve.
2013’s MikesBikes World Championship was an exciting event for all those participating, including those of us here at Smartsims. There were over 80 teams competing for a place in the final round. Placing fourth in the final round of the competition was College of Staten Island’s team, Luxury Bertels. Their achievement featured on the CSI website … Continue reading “Perhaps the Greatest and Most Effective Tool in Learning”
In today’s society, internet access is becoming increasingly available in many mediums ranging from SmartPhones, Personal Computers, iPads, and Laptops; and as a result, technology adoption rates are increasing rapidly throughout the world. Consequently, many education providers, who we would classify as ‘innovators and early adopters’, are beginning to see a shift in their cultural … Continue reading E-Learning Trends in Society Today