Beta Registration

The CEO game introduction

Your Name (required)

Your Email (required)

Your Country

Additional notes

Enter the text in the image

captcha

On Facebook

The CEO Game on Facebook

RSS and Twitter

  • 13Nov

    Sure, we all want to be CEO. But sometimes the way to the top is paved by thankless (and even payless) jobs. The nastiest of these in some ways is the internship. But what’s nice about the internship is that, unlike a low-level full time job, an internship is meant to be a temporary learning experience. In return for doing some unpleasant grunt work, the people hosting an internship are supposed to provide you with insight into the higher-level workings of the organization or the industry itself. So here are the top five tips for making the most out of your internship.

    Starting From The Bottom

    Starting From The Bottom

    (1) Be a Sunny Face – Everyone loves the person who wanders around the office with a smile. Every time you meet a new person, greet them with a firm handshake and a smile. And every time you bring the boss those papers he needed copy, smile (though not creepily) and ask him how he’s doing. People want to be around people who are pleasant to be around. People in the office are more likely to spend more time with you, giving you an opportunity to learn more, or even to consider hiring you in the future if they like you. And always, always, be polite.

    (2) Do your Research - Spend your off time learning everything you can about the industry and the company itself. The more knowledgably you can talk to a person, the more likely they are to be impressed by you and trust you with more important assignments. You will also be able to learn more during your internship if you are fully informed about the background of the work you are doing.

    (3) Write Down Everything – Every tiny, petty thing you do needs to be written down. Every time you call a person, even if you have called them before, write down their number. Every time you talk to a secretary in another firm write down her name. No matter how small it seems, there needs to be fully accountable for everything done in an office. You never want to be caught later saying that you don’t remember when you last handled a file that has gone missing, or that you can’t understand why someone said you told them something you swore you didn’t. Also, this way, when you ask for a recommendation, you can bring up specific accomplishments, since they will all be written down. Suggesting to your boss that she might want to mention in a recommendation something awesome you did that she already forgot can be helpful to the both of you.

    (4) Be Professional – Dress at the same level as everyone else in the office. Don’t get caught gossiping, don’t hook up with coworkers, and don’t waste your time (and the company’s time) on Facebook. This way, you prove to your supervisors that you can handle tough assignments and can be brought along to important meetings without embarrassing them.

    (5) Ask Questions – While your boss doesn’t want to be harassed constantly about the minutiae of her work, she will be impressed by your initiative and interest if you take the time to ask insightful questions. As an extra bonus, not only will you learn more, but you will do a better job! Especially if an assignment is a little over your head, ask. Better to be a bit of a nuisance now than screw everything up later and have everyone have to do extra work to fix it later.

    And, a bonus sixth tip! (6) Play the CEO Game and other business simulations. This way you can get more business experience when you’re at home in order to wow your bosses at work. The CEO Game is the most realistic business simulation out there — it an essential tool to a successful internship.

    Tamar.

    The CEO Game.

    VN:F [1.8.6_1065]
    Rating: 8.5/10 (6 votes cast)
    VN:F [1.8.6_1065]
    Rating: +5 (from 7 votes)
    Share

    Tags: , , , ,

  • 11Nov

    From a young age we are exposed to many myths about money and wealth. Those myths may come from our family, relatives or even friends. The myths we grow up with will have a tremendous effect on how we manage our financial wealth when we reach maturity.

    Today I want to discuss few of those myths.

    Understand the Myths.

    Understand the Myths.

    Myth #1: Work hard and you’ll be rich

    Many of us believe that having a high-level position in a company or a company of our own assures us that we are on right track for financial wealth. With so many cut-backs and financial recessions, anybody can find himself out of job at any given moment. Working hard doesn’t assure you that you’ll ever be rich.

    Myth #2: Saving is good

    From the first day that we got our first nickel, we were taught that saving enough money will mean that one day they will gain financial wealth. Can saving assure a financial wealth?

    Although saving might assure that you’ll have some money one day, it is definitely not the way to reach a true financial wealth. You should learn how to invest your money in different routes to achieve better and faster rates.

    Myth #3: Being in debt is bad

    Another myth we grow up on is that being in debt is bad and we should avoid it in any cost. Well, the truth is that not all debt is bad. It depends on what you do with the money you borrow. If you invest the money you owe in ways to gain more money then you actually use the debt to cover itself and even return an income, which is not bad at all.

    Myth #4: Investments are a dangerous business

    Many people live under the false assumption that investing in the stock market is equal to gambling in the casino; this couldn’t be farther from the truth. Investments are not as dangerous as long as you how to manage your risks.  If you truly understand the investment that you’re about to make than the risk is far lower and you know more or less what to expect.

    Ailon.

    The CEO Game.

    VN:F [1.8.6_1065]
    Rating: 8.8/10 (6 votes cast)
    VN:F [1.8.6_1065]
    Rating: +5 (from 7 votes)
    Share

    Tags: , , , , ,

  • 10Nov

    Things are looking up for the uninsured in America this week. Not so up that the approximately 46 million uninsured Americans should start relaxing about their perilous well-being, given that it was known all along that the bill would have a much harder time passing in the Senate than in the House of Representatives. Still, the passage of the health care reform bill in the House is a good sign for millions in need. But, is in a good sign for the American economy?

    Health Care Bill: How Will it Affect The Economy?

    Health Care Bill: How Will it Affect The Economy?

    Many people have discussed the economic repercussions of the reform on small business that are now mandated to provide health insurance for their employees (not so great), or for the health care industry (perhaps not zero, in the end) and even gays (who won out in this bill). But no one has discussed the effect of universal health insurance on the ethos of innovation in this country.

    It has been posited by many political theorists that there are two different types of capitalist system. One is oftentimes called “liberal”–this is the system at work in Anglo-Saxon countries, including the US. The other is usually referred to as “socialist”, though these days it is far from pure socialist. This system is found in continental Europe. Liberal regimes are guided by a faith in the market and a belief in the importance of the individual. They therefore are characterized by residualism, mean-tested assistance, and stigmatized relief. Socialist regimes have universal entitlements at middle-class standards.

    Firms act differently in the different systems. A liberal market economy is made up of firms that coordinate via hierarchies and markets. Socialist or coordinated market economics are comprised of firms that depend on non-market relationships to conduct their business. Importantly, in these economies, production strategies rely on highly skilled labor, which requires industrial relations institutions that equalize wages and skill level across an industry as well as specialized education and training systems. Furthermore, the internal structure of the firm reinforces the networks that facilitate that information sharing, through a bias towards consensus making and incentives.

    In liberal market economies, on the other hand, the educational and training systems of emphasize general skills that can be applicable in many ways in a fluid labor market. Inter-company relations are based on standard market relationships and formal contracts.

    The coordinated economies have a health care system that looks out for its workers, because workers stay in a specific industry for all of their lives. In liberal economies, the market lets everyone sink or swim, with only meager assistance to those that seem to be sinking.

    Political theories have posited that the liberal economies, such as the US, have a comparative institutional advantage in radical innovation, while coordinated market economies have the advantage in incremental innovation. As the United State’s system changes and the market loses its all-encompassing power, with this competitive advantage in radical innovation be lost? Will workers stay at ease in firms longer, no longer needing to come up with the next brilliant idea to maintain their position? Will firms become more cooperative as market signals cease to be the only determinant of their behavior?

    I am not suggesting that the US doesn’t need universalized health care — of course it does. But it is worth asking what this really fundamental change in our very economic ethos will have on the country. Will America lose its best edge — the sharp minds that think out of the box and innovative wildly? Only time will tell.

    Tamar.

    The CEO Game.

    VN:F [1.8.6_1065]
    Rating: 10.0/10 (4 votes cast)
    VN:F [1.8.6_1065]
    Rating: +2 (from 2 votes)
    Share

    Tags: , , , ,

  • 09Nov

    Many people invest their money in the stock market, but only a small percentage gains experience necessary in order to become a truly seasoned investor. This is because a large percentage of new investors don’t stay long enough in the stock market before they drop out.

    Selling And Buying

    Selling And Buying

    We have gathered the most common tips that the experts suggest that a  new investor should learn before entering the big stock exchange game:

    1. Just because you have earned anything on the stock market doesn’t mean you’re an expert. Enjoy your earnings but always keep in mind that the stock exchange is more complex than any single person can understand.
    2. Options have a small life span. Always check closely for the expiration date and mark potential selling points.
    3. Sometimes the party ends. As we saw in October 2008, the market can wipe out years of profit in a matter of months or even weeks. Understanding that the market has reached its peak is what differentiates the biggest winners and the worst-off losers. When you feel that the market reached its peak, you should sell.
    4. Daring might reward you in remarkable profits. A sophisticated and daring investor can achieve what might seem impossible to all other average investors. Keep in mind, though, that rushing into a complicated situation without a real understanding is not sophisticated it is just plain stupid.
    5. Sometimes, no matter how much you planned and thought about it, you lose money more and more. Knowing to cut your loses is an important attribute in an investor that expect to survive in the rough stock market. Even the great Warren Buffet lost from time to time, but the only difference is that he can afford losing a couple of million dollars and you can’t.
    6. Every time that you lose money on the stock exchange, you gain a unique chance to learn from your mistakes. To waste this opportunity by not learning from your mistake will only assure that you will make the same mistake again.

    Ailon.

    The CEO Game

    VN:F [1.8.6_1065]
    Rating: 10.0/10 (5 votes cast)
    VN:F [1.8.6_1065]
    Rating: +2 (from 4 votes)
    Share

    Tags: , , , , , , ,

  • 07Nov

    After Barack Obama attacked the banks, now it’s Brown’s turn.

    Britain’s Prime Minister, Gordon Brown has called today all members of the G20 to place taxes on bank transactions worldwide. The revenue, according to him will go to fund social and environmental causes like fighting world poverty and dealing with climate changes.

    Brown: Time to Tax the Banks

    Brown: Time to Tax the Banks

    Brown made this announcement at the stage of the G20 summit which was held today in Scotland, two months after the Pittsburgh Summit in September. The G20 countries represent 90% of the world’s wealth, 80% of its trade, and approximately two thirds of the world population.

    Brown’s words symbolize a change in Britain’s approach, which up till now opposed putting a “Tobin Tax” on foreign currency bank deals. The tax which is named after 1981 Nobel Prize winner for Economics, Professor James Tobin of Yale University, is intended to put a penalty on short-term speculation in currencies and in the same time raise funding for meaningful social projects. Nevertheless, the opposition both in the US and in Britain at the time has caused the idea to be put in the back of one’s mind.

    “I think we all share a basic interest in trying to make sure we build a system where taxpayers aren’t exposed in the future and where the financiers are bearing the consequences of their mistakes – that they are responsible for the risks they take” he said. “We proposed in the United States a way to achieve that, by making sure that if … the government is exposed to any risk of loss, that we recoup that loss by assessing a fee on the liabilities of banks” he then added. He continued to justify his plan by saying that “it’s fair to the tax payer and it doesn’t put us in the position where retail investors and pension funds are the ones bearing the burdens of that cost”.

    Brown went on to tackle obstacles in the way: “I do not in any way underestimate the enormous and difficult practical and technical issues that will need to be overcome that a globally cohesive system requires and raises”. He pointed out that any tax that will be decided on (if at all), should be worldwide and related to all the financial centers of the world- US, the European Union, Asia, the Middle East and Switzerland. Some G20 officials claimed that the tax that Brown referred to could be wider than a Tobin tax, and might include all financial transactions or even banks’ profits. Yet, the tax is supposed to be on a low level of 0.005% – only a tenth of the original Tobin Tax, when the profits will help prevent future crises in the banking sector.

    Gordon Brown’s suggestion is expected to fuel rage among British economists and critics. Chairman of the FSA (Fellow of the Society of Antiquaries), Adair Turner, has already suggested the idea of a Tobin Tax in August and encountered severe criticism in London. Still, British charity organization Oxfam has blessed Brown for his idea- “The tax on the banks, might be a big step in the road to destroying the banks’ greed”. “The G20 is responsible to act. The money raised can really effect the day to day course of regular people”, an Oxfam official added. Among the fans of the Tobin Tax, you can find French President, Nicolas Sarkozy and German Chancellor, Angela Merkel who already tried to promote the idea in the Pittsburgh Summit. According to them, this kind of taxing will shrink the banks’ profits and by doing so decrease the bonuses which banks can hand out to veteran bankers.

    Some G20 members, had already began taxing on their own, like Brazil which putted a tax on foreign investments in stocks and debentures, keeping in mind funding their 2016 Olympic Games in Rio. Experts proclaim a Tobin tax in the rate of 0.05% (the original Tobin Tax), can yield up to 700 billion dollars yearly almost equal to the entire financial bailout package introduced by Obama’s administration. In conclusion I must say, that it’s only a shame that Tobin who passed out in 2002, missed out on all the action and the publicity.

    Omer Shachnai

    The CEO Game.

    VN:F [1.8.6_1065]
    Rating: 10.0/10 (8 votes cast)
    VN:F [1.8.6_1065]
    Rating: +7 (from 7 votes)
    Share

    Tags: , , , , , , ,

  • 06Nov

    Market research supplies information that assists in marketing-related decision making. Through market research you can understand the business environment, assess competitive advantages, recognize threats and opportunities, measure performance, and develop an action plan for your product, advertising or distribution channels.

    Searching For the Right Information.

    Searching For the Right Information.

    In many cases market researches is an effective tool in getting information that supports decision making. Should you perform market research for every business call? Well, the answer is no. There are some situations that don’t require market research. To help you determine when you need market research, you should examine the following questions:

    Is the research relevant to the marketing decision that we have to make? You probably should not perform market research just to satisfy your curiosity. You should only perform market research when it’s relevant to questions about your current strategic planning. Market research should supply all the information you need currently, depending on the types of decisions you have to make, and the current circumstances.

    Is there any available information that can assist in the decision-making process? Occasionally you can find a lot of valuable information about the decision your about to make inside your organization. This information can be found in different kind of forms. This information can be from different market research done for other purposes, past experience of different persons, or different databases or software such as ERP, CMS and other organizational systems. You should try avoiding performing market research when it’s not really needed.

    What are your time constraints? Performing market research requires time. You need time to gather relevant information from the field or even insert it into your systems. Performing the market research should be done under the consideration that it should be done before the relevant decision has to be made. Performing market research under too tight a schedule might cause inconsistent data and mistakes.

    What is the Cost vs. Benefit ratio? It’s important that you first assess the value of the information that will be provided from the market research. It’s important to weigh the value of the information versus the relevant expense to see if it pays off or not.

    In the CEO Game marketing research is one of the main tools in your marketing arsenal. Using it wisely can help you gain a strategic advantage over your competitors. Waiting your time on non-relevant market research will leave you behind.

    Ailon.

    The CEO Game.

    VN:F [1.8.6_1065]
    Rating: 10.0/10 (5 votes cast)
    VN:F [1.8.6_1065]
    Rating: +4 (from 4 votes)
    Share

    Tags: , , , ,

  • 04Nov

    A logo is a graphical symbol that differentiates a business from its competitors.  The logo creates the first impression that is left in the potential consumers’ minds, and therefore its importance should not be underestimated. Usually, the logo presents a message that is more emotionally complex than its shape. A well-designed logo will productively present the company’s values to its targeted audience and will create a clear empathy and a sensation of safety, in the consumer’s eyes, that is needed to buy the consumer’s trust. A well-known logo is probably what will be the final deciding factor when a consumer is hesitating between products.

    Choose Your Logo Wisely

    Choose Your Logo Wisely

    Today’s leading companies acknowledge the importance of a well-designed logo. The days in which you would have hired a third grader to design your logo are gone. The logo’s meaning is so tremendous that it in most cases require a professional to create it.

    Few words about logo colors- Since the logo is the face of the company, colors are highly important. From a design view, the main color takes a key role in the message we try to pass to our targeted market. From a more technical view, the more colors you use the more complex your logo becomes and therefore less understandable.

    What about Fonts?

    Well fonts also a have a tremendous effect on our logo design. We select a certain font to pass along the company’s message. The font creates the atmosphere of the logo and therefore it is important to choose one wisely as part of your marketing plan. The font type also reflects on the company’s image and therefore it should reflect the company’s values.

    In the CEO Game, you will have the opportunity to design your own logo. This is another reason why the CEO Game is the most realistic business simulation out there. Design wisely. Your logo is another weapon in your arsenal—do you want a butter knife or a bayonet?

    Ailon.

    The CEO Game.

    VN:F [1.8.6_1065]
    Rating: 10.0/10 (5 votes cast)
    VN:F [1.8.6_1065]
    Rating: +4 (from 4 votes)
    Share

    Tags: , , ,

  • 03Nov

    Though the open war between Fox and the Obama administration has come to an end (one can only guess, of course, as to what happened at that mysterious meeting on Wednesday), the conversation about what ensued between the two camps has not yet neared its close.

    Glenn Beck: Leading The War

    Glenn Beck: Leading The War

    One of the main (rational) complaints regarding the Obama administration’s behavior in this “war” is that it refused to acknowledge bias in other networks. I don’t think that the bias in any other network comes close to the propaganda, hate-mongering, racism, and anti-Americanism (yes, undermining the administration in every way possible while relying on aforementioned propaganda, racism, and very little fact is anti-American) going on at Fox. Who cares if MSNBC is left leaning? Has it gone to any of the extremes that Fox revels in? Has any other network compared anyone to a Nazi recently? Fox news has become enamored with comparing Obama to Hitler, which is not only downright ignorant, but extremely offensive not only to all Jews, but all those who have suffered and whose families suffered through genocide. “We are really truly stepping beyond socialism and starting to look at fascism”, says Glenn Beck. Or take the recent comparisons to Stalin’s suppression of the media during the Cold War. Really, socialized healthcare is comparable to purging millions of your own citizens? Let’s not forget that Beck has also compared President Jimmy Carter’s suggestion that Representative Joe Wilson’s comments might be racism a tactic akin to suicide bombing, or Beck’s comparison of progressives to tyrants and slave owners.

    No other news source has such a blatant, extremist, and offensive bias. This is because Fox isn’t behaving like a news source of any kind. Whether or not Glenn Beck is actually part of Fox’s “news” programming, Fox gives him a platform to spew such hate (and inaccuracies). The Obama administration was completely justified in deciding to stop legitimizing it as a “traditional news organization”. After all, Obama pays no attention to my TV network! The White House always gets to choose what media outlets to respond to. A news organization loses that privilege when it stops functioning as one.

    When CNN starts comparing those Republicans that don’t want to extend healthcare to every American to the officials who turned a boatload of Jews away at the US border only to be sent back to their deaths in concentration camps in Germany, you’ll hear me complain. Or if MSNBC starts comparing those conservatives who deny gay marriage to the US representatives who decided that slaves were property and only amounted to three-fifths of a person, you’ll hear me complain about that as well. But until then, as other media outlets continue to show normal political leanings and Fox continues to irresponsibly spread hate, I support the “war”, and perhaps am a little sad it ended. Way to defend the integrity of the press, Obama administration. I am behind you.

    Tamar.

    The CEO Game.

    VN:F [1.8.6_1065]
    Rating: 10.0/10 (5 votes cast)
    VN:F [1.8.6_1065]
    Rating: +5 (from 5 votes)
    Share

    Tags: , , , , , , , ,

« Previous Entries   Next Entries »

Recent Comments

  • While we are dealing with items within the vicinity of Are t...
  • I think they should still make them games there is no usa la...
  • how do i register ?? where is the option ?>...
  • Pretty nice post. I just stumbled upon your blog and wanted ...
  • when start beta?...