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Author: Carlos Vargas

Categories
Economics Growth Leadership Personal Development

Why do you think pilots train with simulators?

The answer to this question is so simple but true. Pilots train on simulators so they can make mistakes in a risk-free environment and not die.

I believe it is the same for Business Leaders. Our simulations use an engaging board-based format to simulate a company that participants are required to manage and operate as a team. Participants increase their business acumen by experiencing business flow, functional interrelationships, and how making a decision in one area has a ripple effect across the entire business—which eventually impacts the bottom line.

During the simulation, participants are challenged by realistic scenarios that require them to evaluate business situations, apply sound decision-making, analyze the results, and learn from the conclusions drawn.

Click HERE to learn more. We would love to help

Categories
Best Practices Economics Growth Leadership Personal Development

Learn about your customer’s business

Some of the best sales professionals I ever met demonstrate a strong combination a business acumen and influencing capabilities.

For the business acumen part, I asked a Senior Partner at one of my clients how did he learn about the industry, and his answer was – “With a Business Simulation Experience”. Through an Industry Business Simulation, participants:
• Understand the interdependencies in the industry ecosystem and how key players create value and influence one another
• Inhabit the executive mindset, understand industry terminology and how the industry sector business is run
• Articulate the key strategic priorities, financial levers, and challenges facing the industry
• Identify the critical decisions made on a day-to-day basis, the inputs, outputs, impacts & implications of those decisions, and how market changes implicate decision making
• Engage in informed discussions about the industry with a true appreciation of the business and a point of view on how and why market trends impact the industry sector ecosystem
• Develop an action plan to apply the knowledge and capabilities back on the job and drive results

Click HERE to learn more

Categories
Economics Growth Personal Development

Want to Win in Business? Test your Strategic choices with a Simulation

My former employer, BTS pioneered the use of business simulations for strategy alignment since the company was founded in 1986. Since then, they have developed more than half a million leaders in this space. They have built hundreds of simulation and experiential learning solutions for virtually all industries, which means that we have deep and varied industry expertise across our 1,000 full-time professionals.

Some of our current clients include: IBM, Microsoft, GE, Salesforce, SAP, Citi, Fidelity, JP Morgan, Unilever, LG, Coca-Cola, and others.

Why all this background? As a Hero Club Member, I would love to share this content with fellow members. Winning in Business is a powerful, flexible, 3- to 4-hour digital solution that puts users in the driver’s seat of a virtual company. In the simulation, users compete to construct and run the most profitable and sustainable company in an evolving marketplace. Over the course of 3 simulated years, users must plan for and respond to a variety of events and external pressures.

Click HERE to learn more and get a free demo of this amazing business simulation.

Categories
Growth Personal Development

A flagship application for business acumen in the modern era

The speed of business is accelerating. As technology continues to break down geographic and cultural barriers, organizations become more interconnected, more dynamic, more collaborative, and increasingly vulnerable to tomorrow’s best-in-class ideas. In an age of constant innovation, knowing yesterday’s best practices is no longer enough. Business and financial acumen must become more agile and strategic to meet the pace of tomorrow’s professional growth and development. In a world where information is everywhere, learning must be targeted, personalized, and mobile.

Designed to drive financial understanding by combining finance-related topics and engaging multimedia elements with patented expertise, Know the Business enables all users to make sound business decisions that drive bottom-line results.

Our new edition is learner-driven. Users can either follow a recommended path through the content or create a journey of their own based on their individual and organizational needs. Featuring interactive exercises and multimedia examples, Know the Business enables users to freely explore the interrelationships between financial concepts (such as revenue, profit, and the cash cycle) by searching for key topics or following expert recommendations and engaging in targeted learning activities. Pre-assessments can augment learning, enabling the solution to autosuggest learning paths based on an individual’s preference, skill level, and interest.

Click HERE for free access

Categories
Growth Management Personal Development

5 Leadership Challenges that matter

In working with clients during several  leadership development initiatives, we have found that there are 5 moments that matter most, however nothing will happen if you do not practice them in the flow of work.

  1. Managing Performance: motivating, maintaining and driving towards a performance-based culture.
  2. Coaching and Feedback: higher levels of performance are possible, and how you achieve that matters.
  3. Coaching for Consistency: #2 above will work best if it is customized to the organization, person and situation.
  4. Delegation and Team Development: emphasizing long-term so people have careers, not just jobs.
  5. Engaging Team Members: recognizing and identifying when teams are disengaged can dramatically impact performance, and there are strategies to achieve success.

We believe there are ways to practice. Register here and get a  demo to make decisions and improve performance of simulated teams, while reinforcing the critical skills necessary for effective leadership.

Categories
Growth Management Personal Development

Becoming an effective influencer is a journey

Influence Inside™ from Ocean Beach Consulting is a highly interactive, discovery-based learning program designed to help participants develop the ability to sell their ideas and influence others without relying on positional authority.

Considering the C-Suite Network topic of the month, we would like to share a highly interactive learning journey, with 5 steps.

  1. Identify your influence goal and key stakeholders.
  2. Assess your influence readiness
  3. Experience a taste of Influence Inside™ – Log in to and learn with complimentary access to 4 introductory modules!
  4. Join the online discovery session for a deeper dive and learn how to fine tune your strategy with influence expert and executive coach Kelly Dozois, creator of Influence Inside.™ (This is a replay of our session originally held November 8, 2018.)
  5. Celebrate your new knowledge by creating a personalized Certificate of Achievement and claiming your digital credential at Credly.com

Click here to improve the ability to become an effective influencer with the power to get others on board.

Categories
Growth Management Personal Development

3 skills most critical to the psychological safety behind all winning cultures.

Companies and organizations worldwide are tuning in to emotional intelligence and making EQ a key component of their business strategies.   BlueEQ™ was developed to help leaders, salespeople, and others develop their emotional intelligence. Unlike IQ, emotional intelligence can be improved. The BlueEQ self-assessment identifies your weak spots and offers suggestions on how to improve them.

We’ve partnered with thought leaders at BlueEQ™ to create a mini learning journey that can help you boost the 3 skills most critical to the psychological safety behind all winning cultures.  These are 3 key dimensions of emotional intelligence they have seen many leaders struggle within their work across the globe.

Click here and start with a quick assessment to see how you score in the dimensions of openness, relationship management, and impulse control. Next, create action plans for you and your team from our best-practice tips and techniques that can help you improve those dimensions individually and across your organization.

Categories
Growth Management Personal Development

5 truths about developing high-potential leaders

We have conducted research with a number of clients and would love to share our findings  about this subject that I feel passionate about. These are the 5 truths:

  1. Organizations with successful HIPO development programs have defined clear and consistent measurements for determining potential.
  2. The success of HIPO development programs is correlated with the level of ownership and direct participation of senior leadership.
  3. The most successful HIPO development programs are integrated with the business strategy, results, and culture.
  4. Organizations with successful HIPO development programs have implemented processes to identify and engage talent early in their tenure with the organization.
  5. The most successful HIPO development programs help people see how they show up as leaders.

If you are interested in learning more, click  HERE to have access to 3 webinars, and research-based publication and an accompanying mini learning journey – also complimentary – which features 5 short videos and self-assessments that can help you evaluate how you are working with your leaders today to see how your programs stack up with what we have discovered in our research. You’ll also have access to a second white paper, Decoding the High Potential Mystery: A Practitioner Perspective. 

Categories
Growth Management Personal Development

Talent Development for a new generation

The newest generation of employees are entering the job market with big expectations and even bigger student loans, while at the same time, organizations are struggling to develop and retain them. Like a perfect storm, both parties are experiencing disillusionment and losses, affecting not only career satisfaction, but paychecks and company budgets. Research revealed specific areas of difference – 7 Mindsets – that contribute to high turn-over and disappointed new talent continuously on the hunt for their next opportunity.

In an effort to contribute to the C-Suite Network topic of the month, we have created a learning journey consisting of 4 highly applicable steps.

  1. Assess you organization
  2. Explore mindset gaps in thinking between managers and young professionals
  3. Get 3 strategies that resonate with young professionals
  4. Create a personal action plan

Click here to access access it and discover how to connect with new generations and get it right.

When you finish the journey,  you’ll also receive a code you can redeem for a free 1-year premium subscription (a $99 value!) to awesomeboss.com, compliments of our thought leader partner Christine DiDonato of Career Revolution.

Categories
Growth Management Personal Development

Talent Development Tuesdays

 

Considering the month of April  and our Team Development focus at the C-Suite Network, we’ve got a new weekly newsletter to help you build success in talent development, one weekly thought at a time. You will find topics such as:

  • The Big Reset, with Josh Bersin on what’s happening and what we need to do to make the most of this new reality.
  • Leading through uncertainty, with steps to help your organization to stay safe,  engaged and focused on moving your business forward.
  • Bringing values into focus. When it feels like almost everything is changing, values are an important standard we can count on to remain steady.

Click here and subscribe to this great source of relevant and disruptive insights, including topics such as Leading through uncertainty, Supporting each other, Bringing values into focus, Breaking through gender bias, Growing Talent, Skills of the future, Embracing Change, Builder beware, Tell a good story and Learning in the flow of work, among others.