Companies rehearse a very different future: Connecting leadership capability and strategy execution through simulation
✍ Scribed by Ron Carucci
- Publisher
- Wiley (John Wiley & Sons)
- Year
- 2009
- Tongue
- English
- Weight
- 164 KB
- Volume
- 28
- Category
- Article
- ISSN
- 1932-2054
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✦ Synopsis
Abstract
How can an organization's leaders best learn the behaviors and competencies required in a very different future? “Rehearsing the future” simulations immerse leaders in a fictitious business context strategically similar to their company's desired future to solve critical issues as a leadership team. The author differentiates future rehearsal simulation from computer simulation; describes when, where, and why these simulations are effective; and details the process for building a simulation that integrates multiple leadership development tools. Two actual cases, a global technology corporation seeking a horizontally integrated platform of products and services and a biotech company determined to shorten its product development timelines, illustrate the benefits of simulation technology for leaders and the business. © 2009 Wiley Periodicals, Inc.