Business Simulations and Strategy Execution Acceleration
There are a lot of changes happening in the world business. These changes are coming rapidly and they are unavoidable. With a large number of people retiring or about to retire, there is a lot of movement in the workforce.
There are more changes in the way of technology. Companies are becoming fully digital and that also means big changes. That means a lot of training, development, and adjustment.
It can be difficult to get everyone on board. Some employees often balk at change and need to be persuaded to move forward with the rest of the organization.
When people are not ready to move forward, business silos can form. It’s people working the way they used to and not taking interest in the new changes and direction of the company.
It’s up to management to engage employees to communicate, participate and buy into the new direction and new policies. Often, employees are afraid of change, afraid of learning and afraid of failure.
It’s impossible to move to new strategies without proper training. If senior staff is moving forward, they must include their managers and employees. The quicker they are on board, the more productive the company is and that means profit.
Taming Business Silos
The best and fastest way forward is communication and information. People dragging their feet need to fully understand the reason for the new strategy and how it will be carried out.
It’s vital they understand the bigger picture and the main objective but also adjust their own goals to fit in with the new strategy. This means they must fully understand why it is necessary and how it will be carried out.
Understanding not only their position, but the positions of all others in the company will help people move ahead much quicker. It’s this insight into the company, how it operates and the positions everyone plays that allows them to accept and embrace the change.
Letting employees engage in a hands-on exercise to actually do another person’s job accelerates the learning process. It helps people see and experience other roles and relate them all back to their own.
Using virtual, interactive programs that allow managers to take the reins of an executive position and perform all the duties they would. These programs can be completely designed to contain real situations, problems and concerns that will or have happened.
It’s a risk-free way to be thrown into a CEO’s job and find your way through. They are monitored and recorded, plus, you see real results. There are options to try different situations a few times, to each result.
Once the managers have completed the business simulation, they are ready to share the information and new policies with the employees. Having first-hand knowledge of the strategy makes it much easier to share and train the rest of the team.
These one-day training sessions cover up to a three-year span, with your company as the template. Culture, type of business, strategy and all that make your company unique.
Benefits of Business Simulation
Business training simulations empower people learn much faster when they are able to perform the job. It can be very difficult for people, like managers to get first-hand experiences for management when they are thrown into a position.
These leadership development business simulations are tailor-made to put you right in the driver’s seat of your own company. Real situations, real decisions and real results. That makes the simulation and the result more real and transferable.
It’s more fun to engage in a game, rather than reading text or listening to a lecture. People retain much more information when they can do the task themselves and enjoy themselves.
People can also see the consequences of their actions and decisions. This is so beneficial because, without the fear of failure, people are more open to trying new things. They can also try several different methods to see different outcomes.
People are resistant to change because of fear. Fear comes from the unknown. This causes slow-down in productivity, it can cause silos and even dissension among staff and departments. Communication, training and education are needed to eliminate these issues. This is key to unlocking strategy acceleration.
Getting your management trained and fully educated and experienced with the new strategy leaves them prepared to bring the rest of the team on board. There is often a rift between upper management and the employees.
Getting the managers ready means they can get everyone else ready. It’s all about communication and education. Once people have a clearer understanding of what is needed, they are more willing to open up to the new strategy.
The business simulation speeds up the learning process because people have to cope in a real-life situation. It allows people to use their knowledge to be competitive and see real results without any damaging repercussions. Speeding up learning will help strategic change acceleration.
Applying theory and making real decisions gives people an inside look at what would be like to be in that position. Simulations get people excited and involved in ways they never could before.
The Challenge of Change
Change is rarely easy. It is, however, inevitable. It’s well within a corporation’s best interests to bring everyone on board as quickly as possible. Most companies know beforehand when people are going to be retiring or the new technology will be implemented.
Get people on board before these things are in place. The transition will be much smoother and easier. It will save money, as well. People may get disgruntled and leave and you don’t want to be training within and new hirees.
Embracing change and bringing everyone with you is the best way forward for any company. Communication must be open and encouraged. Training needs to be current and engaging.
Getting everyone on board before the silos begin means you will have everyone heading toward the same objective much faster. Training needs to be ongoing, so make it a part of your regular curriculum.
While people may be resistant to change it doesn’t mean they won’t. Start early and train them well.