Cyber Learning Week

Special #3: Fundamentals of Business Leadership

Overview 

Fundamentals of Business Leadership  

Management failure is one of the main reasons companies miss their business goals. Too often, new managers are thrust into the role with little or no training on how to be an effective leader of people. As a result, up to 50% of first-time managers fail within the first year.

Advantexe’s Fundamentals of Business Leadership is a virtual learning journey featuring a series of interactive online connections. The learning journey incorporates adult learning methodologies and includes an immersive business simulation that allows learners to build leadership and management skills in a risk-free learning environment. We will work with you to design a learning journey that fits your time, schedule, and learning objectives.

The simulation introduces best practices for the execution of strategy through leadership, coaching and providing feedback, understanding personality styles, and demonstrating effective leadership in a 21st century business landscape.

How the Simulation Works

The Fundamentals of Business Leadership™ (FBL) simulation provides new managers with the skills they need to grow into effective and influential leaders by successfully transitioning from an individual contributor to a first-line manager.

  • In the simulation, participants working in small teams (4-6) take on the role of a first-time manager and use their skills to weave through scenarios, interacting with avatar-based characters and deciding how to respond to challenges.
  • Their choices determine the path and outcome of the simulation and are scored against leadership competency best practices. At the end of each round, teams receive a scorecard of performance in the three leadership competencies and written feedback on every decision they made.

The Simulation Learning Focus 

Learning new skills and changing behavior takes practice, and simulation provides immediate

leadership and meaningful feedback by allowing participants to experience the interpersonal, and sometimes the financial impact, of their managerial actions in both the short and long term. Key simulation decisions include:

Round 1

  • Goal Setting with the Team
  • SMART Goal Criteria
  • Cascading Goals
  • Getting to Know the Team
  • Analysis of Team Meeting
  • Assessing Personality Styles #1
  • Assessing Personality Styles #2
  • Aligning Team Member Priorities with Style
  • Managing a Remote Team Member

Round 2

  • When to Give Feedback
  • Feedback Dialogue: Describing the Situation
  • Handling Defensiveness during a Feedback Session
  • Feedback Dialogue: Behavior and Impact
  • Gaining Buy-in to Behavioral Feedback
  • Feedback Dialogue: Next Steps
  • Following up after the Feedback Dialogue
  • Encouraging Innovation
  • Maintaining Team Engagement in the Face of Bad News
  • Delegation

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