Watch the faces of your employees next time you tell them they need to learn business literacy.
I bet they look a lot like my ten-year-old when I tell him he has to eat his vegetables.
“Financial acumen training” doesn’t get much love from the folks in organizations who would benefit from it the most. They imagine themselves adrift in a sea of numbers, ratios, and acronyms. (“EBITDA?” Really?)
At Blueline Simulations, we’re on a mission to get your people excited about business acumen. After all, what’s more energizing than recognizing that the work you do at your desk has an immediate impact on the financial health of the enterprise?
It turns out that “excitement” and “fun” are not such difficult goals in business literacy training. The trick – and yes, we are about to share some of our “secret sauce” with you – is to make it real and relevant. We do this by:
- Focusing on the story, not the numbers. See all of those numbers on the balance sheet? Every one of them is a story. Behind each is an event, a decision, a problem, and a human drama that played out in the halls of your organization. Tell the story well, and that squiggly, upwards-trending line on the graph is suddenly imbued with urgency.
- Changing the point of view. A lot of business literacy training is written from the high-level perspective of an accounting professor. But the employees’ line of sight (and influence) begins at his or her own desk. Make the connection between the job and the financials first. Once you’ve established that critical context, you can lead the learner surprisingly far out into the deep waters of financial acumen.
- Making it fun. With a little melted cheddar, my ten-year-old will eat his broccoli and ask for more. Business literacy training is a lot more palatable when flavored with high-engagement learning techniques – such as “gaming” principles, compelling story lines, and lots of opportunities to engage with their colleagues.
Adult learning theory says that retention increases when learners are able to make immediate applications of the concepts to the challenges and pressures that they are facing right now.
Give us a call at Blueline Simulations, and we’ll tell you more about how we can increase the relevance, urgency, and fun of your business literacy training. And if you ask, we’ll even tell you our secret broccoli casserole recipe.