29.06.11

As seen in the current series of The Apprentice, business does not always involve a high standard of business ethics! However, we believe that a fundamental part of good business lies in the fair and ethical practice of business across the board. Without a sense of right and wrong, companies hardly ever succeed in the long term as they cannot build relationships of trust with any other corporations, employees or the customers.

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27.06.11

Lord Alan Sugar’s comments on Engineers in business has received a lot of media flak, mostly deserved. However there is an inkling of truth in his statement. He may not have met an engineer who could turn his hands to business simply because the majority of engineers simply choose not to do the day to day running of  business.  The few who do include some spectacularly successful entrepreneurs, like Henry Ford, James Dyson, Steve Jobs, Bill Gates, Michael Bell etc, etc. (more…)

15.06.11

Finance can be seen as a dry and potentially dull topic by even the most enthusiastic of students and employees, but accounting and financial skills are essential to succeed in any area of business. It is for this reason that the Business Simulation “Executive” has an additional financial module that can be activated, allowing participants to get more of a feel for how to manage the money side of running a business. This is unique in the work of business simulations, making Executive one of the most desirable training simulation games around!  The extra functionality provided by the add-on means that it is a great way to educate students and company members of any level about both the world of business and management and the area of finance and economics specifically.  (more…)

08.06.11

April Training are running an event at Liverpool University starting on Friday 10th June, which involves the use of our Executive business training simulation, aiming to give students a new and exciting insight into the world of business and entrepreneurship. This will give the students the chance to test out their business skills and try some new ideas in order to attempt to build up a successful company in the European car manufacturing business. They will use real-life current market data to make the simulation as realistic and believable as possible, and their performance will be assessed by tutors, along with associated paperwork. (more…)

02.06.11

First you need the basic knowledge:

For a high technology business these days, this may mean a university education or equivalent in the right area. If you are studying Engineering then make sure you also pick up the basics of business. One very effective method is the use of business simulations. The best ones provide excellent experiential and quantitative learning of the key ingredients, profit and loss, balance sheets, marketing, financing the business and most importantly – bringing all the skills together by team working. (more…)