For many businesses, this is going to be a rough fall and potentially even a rougher early winter as a result of the global economic slowdown. I don’t think everyone has fully absorbed the economic impact of the situation and I have been receiving quite a few emails and calls from past Advantexe clients who participated in our business acumen and business leadership programs asking for help and guidance in terms of applying new skills toward making the best business decisions over the next few months. The purpose of this blog is to share some ideas and thought leadership on what is happening, how to react, and ultimately, the business acumen impact of the slowing economic growth.
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Five Upcoming Business Milestones to Watch For to Help Strengthen Business Acumen Competencies – Part I
At the end of every business acumen workshop that Advantexe delivers – whether online or live – we urge our participants to strengthen business acumen competencies by continuing their learning journey through applying new skills and keeping up-to-date on global business and economic challenges and opportunities that we all face.
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Sometimes the business news takes your breath away. This morning I read with great interest that Walmart has announced that effective this Friday, November 22, 2013, they are starting their "Black Friday" sale a week early. In addition, they have added a "Christmas Match" campaign that effectively matches the lowest price of any competitive offering http://news.walmart.com/news-archive/2013/11/19/walmart-turns-up-holiday-heat-matches-competitors-best-black-friday-deals-one-week-early.
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Each week, Advantexe Learning Solutions delivers simulation-centric learning experiences in the area of business acumen to hundreds of participants around the world. Our business simulation workshops provide these participants with the opportunity to learn about the elements of business acumen in a realistic learning environment by giving them chance to run their own simulated businesses. Some of the key learning points include formulating and executing strategy, financial management, supply chain management, manufacturing, and of course marketing.
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