Business Acumen Simulations for Strategy Development

Hello World-

Yes, its been two weeks. Sorry about that. Very very busy and everything is getting back on schedule (for now).

Let's talk about:

Business Acumen Simulations for Strategic Development

Yes, this is a mouthful. Business acumen simulations are most often used when a company is trying to execute a strategy, but the people simply don't have the business acumen skills necessary to make it happen. When this is the case, you often have a couple choices. First, you can go with a canned business acumen or financial acumen for non acumen people. Another option is to make the business acumen content applicable to what they do in their jobs. The second option (learning application), is by far more popular these days. If this is the case, utilizing a business acumen simulation is a great option.

Utilizing a business acumen simulation will enable your participants to actually try the learning content in the context of their business (or job). The results are a far more applicable learning experience and faster strategic execution. In a sense, you get a twofer. Not too bad. Keep in mind, these are often a full blown business simulation solution. Thus, they are not to be taken lightly. They are usually quite complex because they need to encapsulate your business. Thus, take the complexity of your business and bottle it. Not too easy of a task. That being said, they are exceptionally well received and very worth the effort.

Short post for now. Still digging out of deadlines, but everything will be back on track soon.

Hope this helps!