Whats In it for Me

A response to the WIIFM Activity
created by Peter Sheedy (@PeterS)

Number of views: 141


Within the Management Accounting course, I have had significant issues with engaging students especially with students attending class.  It would seem that for many the only WIFM that matters is a mark meaning if you are not marking attendance or having an in class assessment they will not attend class.

That said, there are many WIFM teachings from the course that I do mention and highlight.  They include:

  • Required part of your diploma / degree – you have to be here
  • Become a better decision maker; what is relevant information and what is not; how to weigh options
  • Gain an understanding of what costs are; how you determine costs; how you determine price for example, when shopping, which alternatives have the lowest cost
  • Become better at budgeting; understanding how to manage your money which translates into how to manage your business money better
  • Understand the application of concept not just what the concept through in class exercises
  • Learn how to understanding and self reflect in your own business
  • Understand where to focus your attention
  • Gain an deep understanding of business; what is working, what is not

Example for "Whats In it for Me":
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