The Importance of Business Acumen During an Organizational Spin-Off

By Robert Brodo | Dec 18, 2024 8:23:52 AM

It’s spin-off season again! According to Inside Arbitrage, there were 29 major corporate spin-offs in 2024 and we can see many more on the 2025 horizon including major ones from Comcast, Honeywell, Unilever, DuPont, Calloway Golf who is spinning off Topgolf as its own business

Many employees rightfully view spin-offs with trepidation due to the uncertainties of having new leadership, a new strategy, and the general fear of change. I propose that an organizational spin-off can be a great opportunity for career growth and advancement if you are prepared and have the right skills and mindset.

In terms of skills, having strong business acumen skills going into a spin-off can be the foundation for future success. Here are five business acumen skills that can help you turn chaos into clarity:

Read More >

Business Decision Making with Intention

By Robert Brodo | Dec 12, 2024 7:38:16 AM

I believe there has been a major shift in the culture that drives and supports everyday business decision-making.

The big old pile of nasty issues that have presented to business professionals during the past 5 years have included the pandemic, all of the geopolitical issues, the economic issues, the global warming issues, and the evolution of defining “what is work” has created a business environment where developing new skills and learning capabilities through traditional trial and error, curiosity, exploration, and learning from mistakes has been replaced by making decisions with intention. And most of the time intention without a lot of runway for errors.

To support this opening statement, let me explain by sharing a recent quote from a senior-level talent development professional who shared some insights into her mindset when discussing the implementation of a simulation-centric business acumen learning program for a group of high-potential leaders.

Read More >

“Values for Me, Values for Thee”

By Robert Brodo | Dec 10, 2024 7:14:46 AM

I was sitting in on a session with a team of senior leaders as they went through a pilot of one of our new business leadership simulations, "Leaders in Action." Despite being just a 4-hour workshop, it packs a lot of business acumen and leadership activities throughout the experience.

Read More >

Truthfulness vs. Authenticity in Business Leadership

By Robert Brodo | Dec 5, 2024 7:55:18 AM

Is it better to be truthful or authentic as a leader?

Is there a difference between the two?

Should one be a priority over the other?

Is one a function of the other?

Before today, I don’t think I would ever have given these questions a moment’s thought. However, after a rich and deep discussion as part of a business leadership workshop, I discovered some great material to share in this blog.

Origin of Conversation

In debriefing a scenario of Accountability in one of our digital Business Leadership simulations, one of our participants disagreed with the feedback we had provided that suggested one of the most important behaviors of a leader is to be authentic. In the context of holding others accountable, being authentic means being natural, engaging in proactive coaching and feedforward, and having an unparalleled sense of realism. Our participant argued that while that is nice and helpful, a good leader must start with a foundation of truthfulness before anything else. She suggested that being truthful is different than being authentic.

Read More >

The Business Acumen of Thanksgiving

By Jim Brodo | Nov 26, 2024 7:35:02 AM

Thanksgiving weekend is my favorite time of the year. It’s a time for reflection and giving thanks, family gatherings, and a chance to catch your breath before the year’s final Q4 stretch and the obligatory beginning of Q1. But Thanksgiving’s influence goes well beyond the dinner table and gathering with friends and family. Thanksgiving is a significant driver of the economy, carrying a major impact across food, entertainment, travel, and retail.

According to data from Statista, the period from Thanksgiving to Christmas is a significant time for U.S. retailers. Historically, retail sales during this time have accounted for a whopping 26.8% of the total annual retail sales in the United States.

It's interesting to look at and learn from "the business acumen of Thanksgiving." Let’s dive into what makes this holiday such an economic powerhouse.

Read More >
COMMENTS
Advantexe Learning Solutions - The Power of Practice