MDI, Inc. Links and Resources

TOOLS AND RESOURCES

What makes an effective simulation?

Simulations are powerful learning tools, with proven business results. Senior Vice President Dan Topf developed a decision tool for clients evaluating the quality of online, board-based, role-play, and other simulations provided by vendors.

Dan lists criteria from Klas Mellander, ASTD, and ISPI for your decision making process.

Business Finance Primer by Klas Mellander

In this easy to read primer, you'll be introduced to general business concepts and the financial 'score keeping' used by accountants and financial analysts. Klas Mellander, the chief designer at Celemi, has a unique way of making the complexities of finance understandable for all of us. This primer is the basis for many of the Celemi simulations.

Download "Creating Value in Business" by Klas Mellander -- A business finance primer.

Celemi Cash Flow Simulator.

See for yourself the impact of various management decisions on the cash balance of your company. Try it!

Click here for the Cash Flow Simulator

Celemi Profit Simulator

See for yourself how management decisions can impact profitability. See the value of many small wins. Try it!

Click here for the Profit Simulator

ARTICLES

Business Learning by Dan: Cost of Capital NEW!

MDI, Inc. Senior VP Dan Topf explains that an important point of comparison is Cost of Capital, the financial equivalent to the value of your second best option.

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Business Learning by Dan: Differentiate or Die

MDI, Inc. Senior VP Dan Topf explains that businesses must know the value of their differentiation. If they aren't different from their competitors in a meaningful way, their business may die.

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Business Learning by Dan: Price and Volume

MDI, Inc. Senior VP Dan Topf outlines the effects price and volume on your business' performance. It's vital that companies know the relationship between these two variables!

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Business Learning by Dan: Life Insurance

MDI, Inc. Senior Vice President Dan Topf explains the unique nature of the Life Insurance business, how it makes money, and how training plays a role in driving success.

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Business Learning by Dan: Circulation of Capital

MDI, Inc. Senior Vice President Dan Topf describes the importance of the movement of capital in organizations, and how training can reduce capital needs, accelerate capital, and put capital to better use.

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A Community Leader's Guide to Hospital Finance

The Access Project, by Sarah Gunther Lane, MS; Elizabeth Longstreth, BA; Victoria Nixon, MS.

This financial primer is designed to provide community leaders and others the basics of hospital finance. Hospitals balance their mission and their margins, and stakeholder understanding of this balance is crucial to hospital sustainability. The article provides you a common vocabluarly, analytical tools, and guidance in engaging leadership in discussions of hospital performance.

Click here for the article