The business world is getting more competitive and uncertain by the day. As we develop our people skills another core competence is the ability to understand, manage and develop business thinking including financial management skills. This is especially important as an executive assumes higher positions in a company.
How do we help or enable these executives (who are usually young Gen Y or promoted older supervisory staff) to quickly acquire these skills?
The conventional approach is to send them to a ‘normal’ training programme where the trainer talks to them, show slides and involves them in case studies and sharing. While this usual method works fairly well, the younger (and even older) participants would prefer
‘learning by doing’ instead.