This Week's Herman Trend Alert Demand-Driven Workforce Development

The Herman Trend Alert March 5, 2008 War Games II Once a year, Fuld & Co., a global pioneer in competitive intelligence, hosts a "public" war game between business school students. This year's timely and competitive challenge took place in Cambridge, Massachusetts and included teams from the Harvard Business School, MIT's Sloan School, Northwestern's Kellogg School, and the University of Chicago's Graduate School of Business. This year, the student teams took on the identities of executives from Google, AT&T, Intel, and Vulcan Capital. The topic for the 2008 War Game National Championship was "The Battle for the Wireless Internet", a business sector with many billions of dollars at stake. The students used their creativity and business skills to develop strategies for this rapidly shifting market, as they vied for a $5,000 prize. We were impressed by the cultural diversity of the team members. Observers of the competition from high-tech, pharma, manufacturing, consumer goods, and finance, gained valuable insights by watching some very smart young people tackle what is next for this industry sector. There were only three dozen observer guests, mostly strategy planners and judges from syndicated research firms and venture capital groups. About ten students from each B-school participated in the event. Divided into two rounds, the war game affords opportunities for each team to present its strategic plans. In the first round, each group received feedback and had the opportunity to refine its approach before the second round of presentations. During the second round, the judges selected a single company for all four of the teams to represent. At this point, the once-rival groups employed all of their business creativity to create a single approach for the selected company. Moreover, all the teams ended by developing a final, best-of-breed strategy for the selected company against its direct competitors! And the winner was... (Check out Joyce's blog for the answer.) Expect more war games in more industries to help students and corporate executives consider scenarios and develop effective strategies for the future. Furthermore, as making informed decisions becomes more critical, expect business intelligence companies like Fuld & Co. to continue to grow. Read our first Herman Trend Alert on War Games. © Copyright 1998-2008 by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc." DON'T BE LEFT BEHIND! If you've been thinking about attending our valuable Employee Retention Specialist Certificate Program, don't delay--only three spaces remain. With the employment market heating up, many positions are literally impossible to fill. Attend this course and you will learn dozens of low-/no-cost valuable strategies to attract and retain the talent you need. Recertification credit from HRCI. Next program: May 22-23, Charleston, SC. Call Carol at 336-282-9370 or visit http://www.employeeretentionspecialist.com. GET INSIDE THE MINDS OF YOUR EMPLOYEES Find out what's really going on inside the hearts and minds of your employees. Our InnerViews interviewing service uses SPHRs and PHRs, certified human resource professionals to probe for the information you really need to know. Exit and Stay Interviews, as well as Why-Didn't-You-Take-Our-Offer Interviews. Call Rosalie Catalano at 937-648-1918 or read more at: http://www.hermangroup.com/retentionconnection/exit_interviews.html. NEW BABY BONUS Book Joyce to speak on the West Coast in 2008 and receive 100 of her books of your choosing. There is a new baby in the family, Spencer Jay, and Joyce would appreciate more opportunities to watch him grow. For more about Joyce, visit http://www.hermangroup.com/joyce.html or call Joyce at 336-210-3548. Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers. New subscribers are welcome. There is no charge for this public service. The Herman Trend Alert is received by over 30,000 subscribers in 78 countries, in addition to other websites and printed magazines. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Trend Alert service. Click here to sign up for the Herman Trend Alert. Subscribe or Unsubscribe to weekly Herman Trend Alert View this week's Herman Trend Alert Archived Weekly Herman Trend Alerts

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