News

at SIMDUSTRY®

Blog article: Managers in small and medium-sized businesses – Multidextrous Leadership

When managers in small and medium-sized businesses describe what is part of their tasks, it becomes clear how strong the shoulders have to be, on which a substantial part of the German success story rests. In addition to the classic management tasks of planning, organizing and controlling day-to-day business, they are in demand as managers who coach, train, mediate or comfort. Against the background of their professional expertise, they are often at the front lines as sellers, negotiators or even as experts.
At this point, the question of how much “leadership” the German small and medium-sized businesses need from their managers seems to be almost academic.

In the SIMDUSTRY® Business Simulation Managing 3, however, it becomes clear that the question has considerable practical relevance.

In the simulation, the participants are faced with the situation that they cannot attract sufficiently qualified specialist staff on the labor market to implement all potential orders properly. A challenge that has become a part of everyday life for many managers.

All those involved have to experience painfully again and again that fair wages and job security are necessary but by no means sufficient conditions to promote their own attractiveness as an employer. “Soft factors” are increasingly in demand in the competition for talent. Personal and professional development opportunities, an inspiring field of work and having a meaningful work (purpose) are among the demands that need to be met when it comes to attracting new talent and retaining existing employees.

In order to be able to fulfill its task as an engine of innovation, small and medium-sized businesses need a work environment in which creativity, visions, a love of experimentation and passion for better solutions are asked for and promoted. In short: if there is an environment in which leadership can develop particular benefits, it is the German small and medium-sized businesses.

It would be fatal to conclude that the other tasks are becoming less important. In fact, future managers are not only asked to be ambidextrous, but multidextrous. Also in this aspect, they are again the innovation bearers of the German economy.

Dipl.Psych. Matthias Rosenstock
Lead trainer Managing3
February 2020

Strengthen your HR / L&D activities by visiting the ATD with SIMDUSTRY® (and save up to $ 575)

Join us at the ATD 2020 International Conference & Exposition, the largest talent development event dedicated to supporting professionals in the field from all over the world. With three keynote speakers, more than 300 sessions and 400 exhibitors, and many networking opportunities, there is so much you can take away from the conference.

With ATD’s large global community, by joining the SIMDUSTRY delegation, you’ll receive a discounted rate on your registration (save $575 as non-ATD member or $550 as ATD member) and be among peers in the region.

.

Where the ATD takes place:

ATD 2020 International Conference & Exposition Colorado Convention Center

Denver, Colorado, USA

When the ATD takes place:  May 17–20, 2020

For more information about the conference, please take a look at the ATD flyer or read our latest report about the ATD 2019.

For joining our delegation and getting the price reduction, please reach out to brandl[at]simdustry.de.

FREE DEMO SESSION: SIMBanking – Lead & Manage your Bank better than others!

Today, employees and executives are faced with the challenge of operating in a world that is increasingly shaped by VUCA:

Volatility, Uncertainty, Complexity, Ambiguity

Finding a suitable training tool that optimally prepares for the associated challenges is becoming increasingly important – for the individual and for companies!

Business simulations are a key to this solution! But what exactly is a business simulation? And what specific competences can business simulations develop (further)?

Therefore, SIMDUSTRY® ( www.simdustry.de ) and Almujaz training ( www.almujaz.org ), invite you to our business simulation day especially for the banking sector on 15th of December from 10 a.m. till 2 p.m. to get familiar with business simulations. Experience live and get an idea of this methodology / tool regarding …

  • The functionality and added value of business simulations
  • Sustainable learning through enthusiasm
  • Relationships and interdependencies – directly experienced
  • Models, concepts and theories – captured with fun

 

Why especially fort the banking sector? You’ll get to know SIMBanking!

Within SIMBanking you turn into board members of competing banks responsible for making key decisions to gain leadership position in the market and to grow their businesses sustainably and profitably. You will develop a strategy and pursue it while experiencing various financial periods with changing economic conditions.

 

 

 

So, come and join! Measure yourself and your decisions against others. And discuss the use and adaptability of business simulations and/or SIMBanking with Frans van Laar, SIMDUSTRY®’s Lead Trainer for SIMBanking and Head of global qualification. For further information, please read!

SIMDUSTRY® Simulation-based trainings: Process & Elements/Komponents

The Process

Your SIMDUSTRY® Business Simulation training consists of the following 4 steps. Steps 2 – 4 occur repeatedly throughout various simulation periods depending on the training duration.

Simulation-based trainings: Process (© Images: Manuela Kordel ROCKETPICS.net)

Simulation-based trainings: Process (© Images: Manuela Kordel ROCKETPICS.net)

Step 1 – Storyline

Every SIMDUSTRY® Business Simulation is embedded in a real business scenario, which can be customized to reflect the current challenges in your business and your company‘s strategic direction.

Step 2 – Simulation

Your delegates carry out the SIMDUSTRY® Business Simulation in competition with other simulation teams in the training room. As a team they make topic-relevant decisions and experience the impact of unexpected but realistic events. All events can be specially tailor-made to fit your business and delegate group.

Step 3 – Debriefs & Inputs

Every business period in the SIMDUSTRY® Business Simulation ends with debriefs and reflection exercises within the simulation teams and in the whole group. Models and theories relevant for the previous or coming simulation periods are then developed interactively with the group.

Step 4 – Application

The core element of each SIMDUSTRY® Business Simulation training is the transfer of the knowledge gained to the individual area of responsibility of each delegate. This occurs through individual and peer reflection exercises with guiding questions in a specially developed workbook.

Elements / possible components

Depending on the duration and goal of the training with a SIMDUSTRY® Business Simulation you can combine the following training and simulation components to suit your specific company or delegate group. Your simulation is thus designed to reflect your various learning goals and target groups.

Simulation-based trainings: Possible components / elements

Simulation-based trainings: Possible components / elements

In all SIMDUSTRY® simulations the participants are tasked with applying all the inputs, experiences, insights etc. directly to their business realities and teams.

In the training process flow there are always reflection periods, during which participants apply their learnings and thus leave the training with not only an advanced skill set, but also a working document for their personal area of responsibility – functional & personal!

SIMDUSTRY® SIMHealth (workplace health management) – to be launched in Q1 2020

Goal of the simulation

The participant‘s awareness for workplace health management (WHM) is going to be raised. They learn how workplaces can be designed to promote health, which elements the WHM contains and what the consequences are. The essential learning experience is the realization of how one’s own sphere of influence can be specifically influenced in order to improve the WHM. The improvements should benefit both the individual employees and the entire company.

Structure and procedure/process of the simulation

The entire group of participants is divided into small groups (3-5 people). These small groups have the task of managing and developing the WHM in their company on the simulation board as effectively and efficiently as possible. Therefore, they must use resources (time and money) well considered and achieve the best possible result.

In the course of the simulation, they first deal with the strategy of the WHM. The task of the strategy is to establish a suitable structure for the WHM and to select and install suitable services.

Key – Learnings

Essential findings / learnings participant’s will take away are:

  • Creation and implementation of a strategy for the WHM
  • The tasks of the manager in the field of WHM
  • Focusing on employee behavior and appropriate control measures
  • The appropriate, right communication for your own team and environment

We shall reach out to you with updates and further info? Please get in touch with info[at]simdustry.de.

For further info about SIMDUSTRY’s simulations – process and elements/components click here.