In 2016, we have all accepted certain realities of the evolving business world such as globalization, the millennial work force and their attitudes, the continued development of emerging markets, and the understanding that the next disruptive technology is just around the corner.
Leading and influencing remote teams is one of the many changes in the workplace that
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As school students, we all went through our academic journeys striving for A’s and fearing flunking tests. Today, we root for sport teams to win and very rarely remember who came in second. In the business world, have you ever heard of a sales professional who missed their quota and received an invitation to the president’s club? Or the supply chain manager who constantly is making the wrong vendor choices and winning employee of the year? How about the IT Leader who chose the wrong ERP system and was toasted at the shareholder's meeting for a job well done? Except for the occasional mulligan in Golf, failure, in most aspects of our lives, is not an option.
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The Business Leader on the phone was serious; “Can you do a ‘Pop-In’ business acumen training module for like 2 hours on the final day of our Global Leadership Meeting?”
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The interconnected business ecosystem worlds of venture capital, cloud computing, software as a service (Saas), and Human Capital Management (HCM) were shocked last week when Zenefits – one of the hottest and fastest growing companies on the planet – made an unprecedented business announcements that caused the rocket ship to crash back to earth.
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I just finished an excellent business acumen learning experience with a group of global business leaders. As part of the learning journey, these participants had the opportunity to run one of business simulations for five years to develop strategic thinking and financial acumen skills. As we were wrapping up, many of the participants provided feedback on their experience and how they can apply their new skills back on the job.
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