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Using Simulations for Business Acumen Development

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Using Simulations for Business Acumen Development ,[object Object],[object Object],Copyright © Enspire Learning
The Business Problem ,[object Object],[object Object],Copyright © Enspire Learning Manager Cohort: 40-59 Retiree Cohort: 60-79 Source: United Nations Department of Social Affairs
Strategies for Talent Development ,[object Object],[object Object],Copyright © Enspire Learning
Poll: Headhunting vs. Promoting ,[object Object],Copyright © Enspire Learning
Headhunting ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Copyright © Enspire Learning
Promoting and Training ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Copyright © Enspire Learning
What Does A Manager Do All Day? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Copyright © Enspire Learning
Business Acumen ,[object Object],Copyright © Enspire Learning
Business Acumen – Who Needs It? Copyright © Enspire Learning
Key Types Of Managerial Decisions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Copyright © Enspire Learning
Business Acumen – How Do You Get It? ,[object Object],[object Object],[object Object],[object Object],Copyright © Enspire Learning
Poll: Learning Needs of New Managers ,[object Object],Copyright © Enspire Learning
Learning Needs Of New Managers ,[object Object],[object Object],[object Object],[object Object],[object Object],Copyright © Enspire Learning
Learning Financial Concepts ,[object Object],[object Object],[object Object],[object Object],Copyright © Enspire Learning
Practicing Business Acumen – Decisions ,[object Object],[object Object],[object Object],[object Object],Copyright © Enspire Learning A game is a series of interesting decisions. -- Sid Meier, Creator of “Civilization”
Applied Business Acumen Simulation ,[object Object],[object Object],[object Object],[object Object],Copyright © Enspire Learning
Access to Expertise ,[object Object],[object Object],[object Object],[object Object],Copyright © Enspire Learning
Informal and Social Learning ,[object Object],Copyright © Enspire Learning
Business Challenge Copyright © Enspire Learning
Scalability Through Web-Based Delivery Copyright © Enspire Learning Classroom Delivery Virtual Delivery Play takes place over one day, including introduction and debriefs. Turns of the simulation advance every 15 minutes. Play takes place over 3-4 weeks. Introduction and debriefs take place through virtual meeting software. Turns advance daily. Teams meet in daily phone conferences to make decisions. 8am – 10am Introduction 10am – 11am Turns 1–4 11am – 11:30am Debrief 1 11:30am – 12:30pm Turns 5–8 12:30pm – 2:30pm Debrief 2/Lunch 2:30pm – 3:30pm Turns 9–12 3:30pm – 5pm Final Debrief Day 1 Introduction Days 2–5 Turns 1–4 Day 6 Online Debrief 1 Days 7–10 Turns 5–8 Day 11 Online Debrief 2 Days 12–15 Turns 9–12 Day 16 Final Debrief
Wrap-Up ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Copyright © Enspire Learning
Questions and Answers Copyright © Enspire Learning Nathan Kracklauer Enspire Learning [email_address] Presentation slides and a recording will be available at http://www.enspire.com/thought-leadership/webinars/business-acumen-simulations For more information on Business Challenge, contact us at sales@enspire.com.

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Using Simulations for Business Acumen Development

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  • 9. Business Acumen – Who Needs It? Copyright © Enspire Learning
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  • 19. Business Challenge Copyright © Enspire Learning
  • 20. Scalability Through Web-Based Delivery Copyright © Enspire Learning Classroom Delivery Virtual Delivery Play takes place over one day, including introduction and debriefs. Turns of the simulation advance every 15 minutes. Play takes place over 3-4 weeks. Introduction and debriefs take place through virtual meeting software. Turns advance daily. Teams meet in daily phone conferences to make decisions. 8am – 10am Introduction 10am – 11am Turns 1–4 11am – 11:30am Debrief 1 11:30am – 12:30pm Turns 5–8 12:30pm – 2:30pm Debrief 2/Lunch 2:30pm – 3:30pm Turns 9–12 3:30pm – 5pm Final Debrief Day 1 Introduction Days 2–5 Turns 1–4 Day 6 Online Debrief 1 Days 7–10 Turns 5–8 Day 11 Online Debrief 2 Days 12–15 Turns 9–12 Day 16 Final Debrief
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  • 22. Questions and Answers Copyright © Enspire Learning Nathan Kracklauer Enspire Learning [email_address] Presentation slides and a recording will be available at http://www.enspire.com/thought-leadership/webinars/business-acumen-simulations For more information on Business Challenge, contact us at sales@enspire.com.