That was a quote from a participant working on a small team taking the roles of executives going through a business simulation experience that was focused on developing strategic, financial, and leadership skills. In the group learning discussion, she went on to ask, “After successfully going through a disruption, when is it time to take a break and enjoy the fruits of our labor?”
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For many business professionals adapting to the new normal, the sense of time has changed dramatically. There are still many days stuck together where Monday is Tuesday and Tuesday morphs into Thursday with the only real way of telling the date and time is to keep a calendar open on your desktop.
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I think I shocked the participants of the high-potential leader program I was leading this week. “Rob, what is the most important Business Acumen Skill we will need going into 2022?” was the question in the virtual classroom. I am sure they were thinking I would answer something related to strategy, competitive analysis, or ways to drive increased shareholder value.
My answer, better forecasting skills, isn’t as sexy but in actuality contains all of the above in the impact it makes. You can only execute your strategy, understand your competition, and make the best decisions to drive shareholder value if you are forecasting well and effectively.
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Over the past several weeks, Advantexe has conducted 14 virtual learning programs for 393 participants. The topic areas have included Business Acumen, Business Leadership, and Strategic Business Selling.
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Mistakes happen. Everyone makes them. From the best athletes in the world who spend 6 hours a day training, to the CEOs of the most successful companies like Apple, Tesla, Amazon, and many others.
One of the core mantras of leadership development is to encourage people to make and learn from mistakes. Much of the modern thinking around leadership, change, disruption, and the “new normal” is about creating an environment and culture of innovation where mistakes are encouraged, and key learnings embraced. Like many entrepreneurs, Mark Zuckerberg believes, “Don’t even bother avoiding making mistakes, because you’re going to make tons of mistakes and the important thing is to learn quickly from the mistakes you make and not give up.”
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