In anticipation of the Presidential Memorandum on Tariffs, many of our Advantexe clients have been focused on understanding the tariffs' impacts on their business from a business acumen learning perspective.
Over the past few weeks, we have launched a “tariff wobbler” portfolio into our business simulations so leaders can prepare and learn what to do in the “real world.” A tariff wobbler is a curveball we throw at participants to see how they react. These tariff wobblers include raw material shortages, escalating COGS, lower-quality vendor options, and opportunities to expand domestic manufacturing capabilities.
The workshops have been interesting, and although we’ve only delivered the wobblers to a small number of industries (semiconductors, pharmaceuticals, and automotive), we have some rich learnings to share.
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