01 December 2018

Survival: Experiential Learning to the Rescue...

Change is in the wind.  You have heard this before and the truth is, that this is not anything new.  We have only started to understand however, how the accelerating pace of change, is impacting us.

The number of App's staring at you in the palm of your hand should be one indicator.  How many are you using on a daily basis now?  No longer are we spending a work day logged into an e-mail client, our word processor and maybe the spreadsheet or database application.

The pace of change and the number of places we access our valuable daily information is rapidly taking over our lives.  We have seen the growth of Fortnite now at exponential proportions and little did Potomac Computer Systems, now Epic Games know what was ahead of them upon their founding in 1992.

In the gaming industry they have genre(s) and Fortnite is a survival game:
Survival games are a subgenre of action video games set in a hostile, intense, open-world environment, where players generally begin with minimal equipment and are required to collect resources, craft tools, weapons, and shelter, and survive as long as possible. Many survival games are based on randomly or procedurally generated persistent environments; more-recently created games are often playable online, allowing multiple players to interact in a single persistent world. 
Wake up corporate management.  As you proceed to continue your growth in your particular industry over the next decade, think about the pace of change.  How fast will you be able to pivot, adapt and survive in your persistent environment?

Think about your latest strategic endeavors that you have launched in the past year.  Has the process and goals been achieved, without some level of challenge, disruption or even misdeeds?  The likelihood is, that somewhere along the way, the project, the business or the endgame was at risk.  Perhaps not a total failure, yet not the envisioned outcome.

It is this game of perceived survival and the new pace of change in our lives, that is the greatest Operational Risk before us.  How will we mitigate the risk of such rapid change?

Experiential business learning is a vital way forward.

"Experiential business learning is the process of learning and developing business skills through the medium of shared experience. The main point of difference between this and academic learning is more “real-life” experience for the recipient.[31][32][33]

This may include for example, learning gained from a network of business leaders sharing best practice, or individuals being mentored or coached by a person who has faced similar challenges and issues, or simply listening to an expert or thought leader in current business thinking.

Providers of this type of experiential business learning often include membership organisations who offer product offerings such as peer group learning, professional business networking, expert/speaker sessions, mentoring and/or coaching."

How are you capitalizing on the people in your organization who are part of an external group or other network of like-minded professionals?  It's difficult if you don't even understand who or where your own employees are interacting on a daily basis outside your company.

So what?

Perhaps the place to start is by asking people.  Ask them over coffee in the corporate food court or that new Open Space floor plan with the "Bistro" on every other floor.  What if they told you, that they were a member of an external or virtual organization because they could not find the information or the people with the expertise inside your own organization?

Your goal is to figure out how to capitalize on all of these external groups, organizations and "Experiential Business Learning," that is going on within your own company today.
 How might you capture that passion and the excitement this individual has for the network or "Virtuous Insurgency" they are learning from everyday?
The Operational Risks before you, spans the number of people in your team who are learning somewhere else X the number of other networks they are affiliated with.

Who on your team is gaining new insight somewhere else?  Who are building valuable relationships outside the perimeter.  Who are living in a new unpredictable world of survival...without you even knowing about it.

What could you be learning today?