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.
Five Upcoming Business Milestones to Watch For to Help Strengthen Business Acumen Competencies – Part I
At the end of every business acumen workshop that Advantexe delivers – whether online or live – we urge our participants to strengthen business acumen competencies by continuing their learning journey through applying new skills and keeping up-to-date on global business and economic challenges and opportunities that we all face.
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Sometimes the business news takes your breath away. This morning I read with great interest that Walmart has announced that effective this Friday, November 22, 2013, they are starting their "Black Friday" sale a week early. In addition, they have added a "Christmas Match" campaign that effectively matches the lowest price of any competitive offering http://news.walmart.com/news-archive/2013/11/19/walmart-turns-up-holiday-heat-matches-competitors-best-black-friday-deals-one-week-early.
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