Leadership Development | Learn About Business Simulations and Strategic Acceleration

Repost: Infographic: 5 Tips To Teaching Business Acumen

As always, we have been slammed with Springtime projects. So, I'm doing a repost. I know, this is sort of a copout. But, this has been our most popular post (by far). So, I thought it was timely for a repost. Here you go!

After months of programing, I decided to do something on the more creative side. We've been getting a lot of questions about how to effectively teach business acumen. This has become an exceptionally popular topic. This is mostly due to the stock market doing so well in 2017. The swelling has led to an acceleration of retirement amongst current leaders. This is putting pressure on companies to accelerate leadership development. A huge part of leadership development is company specific business acumen. From the outside, it looks as if this is what is causing the increased interest.

Thus, I created an infographic (yes, I did the artwork so be forgiving. After all, I'm more of a strategist and technologist than artist). Hope this helps.

Click the image below to download the full infographic.


5-Tips-To-Business-Acumen-Training-Infographic

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Most Popular Articles of 2017

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Happy 2018! The second half of 2017 was completely unmanageably busy. We don't usually like to keep a pace like this but once in a while it happens. Thus, the posts have been very sporadic here and non-existent at BillHall.Me. My apologies about that. But, I had a request the other day to post the top 5 most popular articles I recently wrote. So, here they are in an easy to access location.

The Most Popular Articles Written in 2017


- Using Simulations to Development Millennial Leaders: CLO Magazine 2016
- The Futility of the 80 Hour Work Week: Entrepreneur Magazine 2017
- High-Tech Startups Need to Ditch the 'Engineers Rule'‚Äč Mentality: Entrepreneur Magazine 2017
- Can You Speak My Language: Huffington Post 2016
- 4 Steps to Build Strategically Critical Leadership-Development Programs: Entrepreneur 2017

These are just a handful. You can find more here: https://www.linkedin.com/in/wphall/detail/recent-activity/posts/ I've slowed my writing a bit which is a bummer. Will pick it back up once I find a consistent home to write for. Will post the results here. Hope these help for now!

Cheers to 2018 and have a great year!

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Infographic: 5 Tips To Effectively Teach Business Acumen

It's been far too long since the last post. We apologize. Summer was completely off the charts busy with overlapping projects. All went well and we're getting back to normal.

After months of programing, I decided to do something on the more creative side. We've been getting a lot of questions about how to effectively teach business acumen. This has become an exceptionally popular topic. This is mostly due to the stock market doing so well (Wilshire 5000 is up 33.54% 2yr Oct to Oct- Wow!) which has resulted in 401Ks swelling. The swelling has led to an acceleration of retirement amongst current leaders. This is putting pressure on companies to accelerate leadership development. A huge part of leadership development is company specific business acumen. From the outside, it looks as if this is what is causing the increased interest.

Thus, I created an infographic (yes, I did the artwork so be forgiving. After all, I'm more of a strategist and technologist than artist). Hope this helps.

Click the image below to download the full infographic.


5-Tips-To-Business-Acumen-Training-Infographic

Read More...

3 Great Articles To Read For Business Transformation

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Hello!- My sincerest apologies for very sporadic posts. Been making all sorts of changes within SimStudios (all for the very good) and updated the web site.

So, in the meantime, I've decided to post 3 articles that I think are very worth the reading. As you know, I chew through tons of articles each week. I usually post ones I like on twitter (twitter account here). For easy consumption, I'm posting 3 recent articles that I particularly like. Here you go….

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Entrepreneur Article: 4 Steps to Build Strategically Critical Leadership-Development Programs

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By Bill Hall: Your business is growing and hiring people at an amazing rate. Customers love your product, and it’s gaining greater and greater attention. At the same time, you’ve noticed yourself growing ever more nervous about the byproducts of this success: Increased competitive pressure and employee fragmentation. In fact, these two realities have you concerned whether you can effectively sustain this level of success.

As we all know, success is like blood in shark-infested waters: It creates competition at an amazing rate. To fend off competition, many companies expand within the market faster than others, gaining a larger foothold and raising the barriers to entry. In many cases, this works. But such rapid growth creates an employee base with widely varying skills and focus. As a result, the company’s strategic alignment looks like a spilled package of dried spaghetti. Employees are pointing in an infinite number of directions.

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Entrepreneur Article: How Flight School Can Prepare Leaders



By Bill Hall: A student pilot is taught to expect changes and work to stay ahead of any that might come. Business leaders should take note.

Life as an entrepreneur is never dull, always busy and filled with hourly surprises. After working at Apple for many years, I began my own journey to becoming a small business owner, starting with my pursuit of an MBA. But, today, when I look back, my one year of flight school was better preparation for life as an entrepreneur and small business owner than any MBA class.

Have a look at the article here: https://www.entrepreneur.com/article/287079 Read More...

Business Simulator for Leadership Training?

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Can a business simulator really be used for leadership training? You'd be surprised how companies are using these solutions as a business strategy tool. Business training games such as these are valuable when it comes to putting leaders into the intersection of business and people. Training tools such as these are great at teaching topics such as:

  • Business Acumen
  • Leadership Development
  • Employee Assessment
  • Employee Management
  • Corporate Strategy
  • Business Management
  • A lot more

Using a business simulator for leadership development puts future leaders into management situations well ahead of their time. These leaders can practice and fail without introducing danger to the business. It is important to note that tools such as these do not need to be big, complicated, or expensive. Starting small and focusing on the learning objectives is important.

Creating a large and complicated solution is very unnecessary. Here are some tips to think about:

3 Tips to Getting Started With Business Simulations:


  1. Start small and focus only on what is absolutely necessary- You'll see great temptation to go big and include everything. Resist the temptation!
  2. Make certain to align behind clearly defined learning objectives- Don't stray from what you're trying to train participants. Stay focused on the objectives
  3. If you're going to spend money, spend it on your training content first! Don't be tempted to put a majority of your budget into a business simulator. You should spend a majority of your budget a great training and development content!

In summary, large companies have been successfully using a business simulator to training employees for many years. If you start small, focus, and build from the foundation, you'll do great!