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Business awareness

Attending the AGR this year?

Interaction is going to be running a workshop at this year’s AGR annual conference. We’ll be looking at how graduate programmes can contribute to competitive advantage and how to align graduate programme with business strategy and growth plans.

We’d love to meet old and new contacts so please get in touch with us if you are going to the conference this year.

For more information about our work with graduates please visit our website www.interaction-ld.com

Effective graduate induction

I recently ran a large graduate induction and am pleased to say that it was a big success. Involving 30 graduates and over 60 people from the client business, the logistics alone were no mean feat. The graduates were thrown into a week long business simulation. They ran their own mini businesses - completing money earning tasks to pay for resources to pull together a high stakes business presentation. Senior guests and line managers were invited to attend the presentations at the end of the week.

The great thing about the programme is that it genuinely provides experiential learning and this is why we’ve run this client induction for over 8 years.

I really enjoyed working the week as you genuinely see the graduates progress throughout the week and get under the skin of the organisation. Also, the induction helps them make the difficult transition from university learning to work place learning e.g. they are responsible for finding things out for themselves. For me this is one of our flagship programmes which demonstrates the value of and power of our graduate development work.

Learning about business

Last week a colleague and myself ran a Business and Strategic awareness programme for a group of twenty three graduates. The programme is the third module in an eighteen month programme that we run for one of our key clients - a large multi-national. I was struck by the impact that it had on the graduates, many of whom said it was the best module that they have attended so far.

I have always been an advocate of providing business awareness training for all levels of management as I am a strong believer in clarity being a key influence on your performance. The clearer you are about the key drivers that affect the business you work for and how it makes money or serves its clients, the easier it is to make decisions and prioritise your work.

The programme covers key aspects of financial management and business strategy. We are fortunate to have an associate who is a qualified accountant as well as an experienced facilitator so we are able to present these potentially “dry” topics in an engaging way. We also get a couple of the company’s finance managers along to lead a couple of sessions so that they can put the theory into the business context. One of the guest speakers got the graduates to act as investors to demonstrate how the stock market performs. Whilst simple, the exercise allowed him to share lots of insights and anecdotes into investor relations.

A presentation by the Chief Executive provided the business context as well as demonstrating the organisation’s commitment to the graduate programme.
The programme was extremely powerful and I have no doubt that the graduates will be more focused and productive as a result.

Graduate development  |  Business simulation  |  Case studies