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On the agenda, was a businesssimulation that was akin to an outdoor scavenger hunt. The participants were divided into small groups and each team was asked to spend a few hours strategizing and developing a plan that would lead to the best and fastest way to find items and “collect” associated winnings.
There are many shiny objects available to corporate development training companies to infuse their programs with from a wide array of technologies (i.e.: It’s actually surprising how few corporate development training programs really challenge their participants to stop and think. badges, leaderboards). Seems obvious, right?
This week's compilation by The Regis Company brings together articles focused on the topic of leadership developmentsimulations. We’ve rounded up articles on everything from specific instances when simulations should be considered along with the "good" stress that businesssimulations bring to bring to its participants.
Edelman estimates that one in three employees doesn’t trust their employer — despite the fact that billions are spent every year on leadership development. Part of the problem: Our primary method of developing leaders is antithetical to the type of leadership we need. Developing Tomorrow’s Leaders.
Developing good relationships is a crucial aspect of leadership. and the rest of the participants were undergraduate students at a UK university who engaged in a businesssimulation. TommyL/Getty Images. These positive effects have appeared across a wide range of jobs and cultures.
In short, Blue was an exemplar of those institutions that host members temporarily yet promise to transform them permanently, developing the kind of leaders that people want to become and other companies want to hire. And its participants were the kind of accomplished, ambitious, and mobile managers for which companies wage talent wars.
If you’ve participated in a training or development program in the past two decades, chances are you took an assessment designed to increase self-awareness. Yet in talent development practice, companies spend millions of dollars and countless hours every year on self-reported assessments that only target self-knowledge.
If you're not running an innovative innovation contest to invite participation and build brand, then you're reacting to your competitor's competition. That is, the importance of "research & development" to business innovation. Will your contest be competitive with their contest? Who's running it? Who's judging it?
Books are great to foster intellectual understanding but are not interactive and do not reflect the reality of busy schedules and declining attention spans. And coaching or mentoring approaches have great merits for personal development, but are hard to scale. Live pilots are highly realistic but costly, time consuming and risky.
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