Word: abt
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...bankruptcy. Last week the company ended its anniversary season with a four-week engagement at Manhattan's New York State Theater that broke all box-office records in U.S. ballet history. But even as the final curtain rang down, accompanied by the now familiar sound of bravos, ABT faced a most uncertain future...
...simulation was written by Martin Gordon, an employee of ABT, Inc., a Cambridge research firm. He said that WGBX's innovation of audience participation made little difference to a basically difficult job. The problem is trying to direct the action of the players without denying them the right to make free decisions...
...this year, Abt's contracts come to $650,000. And Abt sees plenty of chance for more. Too much of business management training is "inefficient and outmoded," says Abt, because the trainees are forced to sit idly by and watch others. "People like to act," says Abt. "They like to make something happen." They also like to play games...
Unlike Monopoly, which gets parlor fun out of make-believe real estate transactions, Manchester cannot be bought at the nearest toy store. It is produced, under contract, for various business, government and educational institutions by Abt Associates, a 20 month-old fledgling in the Rand-type "think factory" research field. Headed by Clark Abt, 37, former advanced-systems manager at Raytheon, the Cambridge, Mass., company undertakes all sorts of computer projects, but it has made its biggest splash so far in the business of devising serious games. Its first contract was a game for the Defense Department that was aimed...
...Trust Co. trainees in Manhattan, Abt is preparing a game that will take two full days to play. It will give seven players practice in every phase of bank activity, will have them investing in imaginary but typical stocks. Other Abt games are Adman, Automation and one meant to give businessmen a better knowledge of a union's viewpoint by making them play labor negotiators in bargaining sessions. A few company managers have even asked Abt for games that would constructively enliven dull directors' meetings...