Earlier this week in part one of this blog, we urged our participants and readers to continue developing business acumen skills by applying new skills and keeping up-to-date on global business and economic challenges and opportunities that we all face.
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This is the time of the business year when many professionals are busier than ever because they feel trapped between finishing the execution of last year’s strategic plan and starting the process of developing next year’s plan. Yesterday afternoon, I was conducting an information gathering interview as part of the design for an upcoming business simulation workshop when I asked our subject matter expert – the President of a Business unit – how things are going.
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Whether we admit it to others or ourselves, somewhere deep down we know the scary truth. We know that the last thing we do at night is check our smartphones and the first thing we do in the morning is check our smartphones again. Sometimes, if you wake up in the middle of the night, it’s right there next to our bed, waiting to be checked! We are in constant search of the latest emails that have piled up overnight, the news stories about our customers, or perhaps if we are really lucky, an overnight Facebook rant from a friend who may have had one or two extra adult beverages. There is incredible power in interconnectivity, yet being “on” 24/7 is also a tremendous burden. And no matter what, we can never catch up.
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For many businesses, this is going to be a rough fall and potentially even a rougher early winter as a result of the global economic slowdown. I don’t think everyone has fully absorbed the economic impact of the situation and I have been receiving quite a few emails and calls from past Advantexe clients who participated in our business acumen and business leadership programs asking for help and guidance in terms of applying new skills toward making the best business decisions over the next few months. The purpose of this blog is to share some ideas and thought leadership on what is happening, how to react, and ultimately, the business acumen impact of the slowing economic growth.
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“Pilots, to a large degree, are like salesmen. They have to be confident to be good at their jobs. They have to practice relentlessly and plan out all the scenarios of the things that could happen when they're out there. Nothing is more important than preparation. They are also mighty competitive, both as individuals and as squadrons.” Simon Sinek, author of Start with Why
I love this quote because one of my favorite sayings about Advantexe’s business simulation-centric approach to talent development is that like a pilot who goes through a flight simulator to learn how to fly a plane, business simulation games can help business people and salespeople learn how to fly their business.
