FUTUREVIEWS, April 2009
We
believe that for companies that want to maintain growth with restricted
budgets, “accelerated learning” is not only
possible, it is
essential.
Accelerated
Learning is a term people use (or misuse) quite a bit. It is often
employed to describe the kinds of learning that require basic memory
skills, repetition, and quick recall, like reading speed, languages, or
basic math. While these can be useful for certain basic tasks,
front line expertise and high stakes decision making skills require a
more powerful form of accelerated learning.
The
key to accelerated learning in the workplace is not simply
how long it takes to train
workers. Rather, it is a measure of:
-
How well the workforce is able to coordinate perspectives among multiple parties to identify and focus on what needs to be done. This involves expertly coordinated communication channel and access to the right expertise for the right situation up and down the corporate ladder
-
How rapidly the workforce is able to adjust their practices when necessary to focus on the right problems to resolve the true needs of company. Even with open communication channels and coordination between various divisions, the right problem you are solving one day is not the right problem to be focused on the next. Remaining flexible in the outcomes and the way to get there is key.
-
The company’s ability to apply key insights to critical situations from within the organization, not just from the top. Much of the knowledge you will need to tackle new and unknown situations is already in your organization. You must find a way to harness what is there, change the old habits that are no longer contributing to your success, and be ready to re-apply what you know how to do best to get the right job done the right way.
- However, achieving this is not as simple a refocusing vision or
directives from the top. It involves tapping into the entrenched
work patterns that, for one reason or another, are no longer
contributing to the growth of the company. From our perspective,
this kind of knowledge doesn’t come from lectures, manuals, or seminars.
This kind of accelerated learning is only possible in immersive,
hands-on rehearsal. Based on experience designing these kinds of
rehearsal environments for a number of years, we find that tapping into
the kind of tacit knowledge and expertise in your organization, and
shifting that expertise to new goals requires high fidelity, immersive
environments that can translate back to real world applications.
It also requires accountability, not just to remember a set of rules,
but rather, accountability to hard, mission critical, non-negotiable
outcomes.
Below is an example of accelerated learning from an OpSim™ we ran a few
years ago.
Medical Device
Companies that make medical devices, like stents and balloons
for aneurisms, have a different set marketing challenges than, say, your
typical electronics manufacturer. For one thing, time is extremely
crucial. As soon as you start making an improved or innovative
device, you know that another company is right behind you. In
addition, you can’t always count on device innovations alone to make the
company profitable. You must look to the market itself in order to
choose what to work on.
When WTRI was called on to work with a mid-sized medical device
firm in California, we found that this was precisely their problem:
focusing too much on the next big innovation, rather than looking to
markets for what was most needed. In addition, the R&D people and
the marketing people lacked efficient communication channels and often
failed to coordinate on key steps in the process. Adding to that,
the R&D folks often did not consider the factors involved in
manufacturing and scaling their products, sometimes choosing
materials that were hard to obtain or hard to work with on a grand
scale.
This
particular firm was famous for an innovation for treating giant
aneurisms and AVMs. While they were known for this innovation, the
types of conditions their innovation was appropriate for represent a
very small percentage of total treatable aneurisms. In other
words, their technology was not going to keep them afloat for long, and
their R&D-marketing communication problem wasn’t helping. WTRI
designed an OpSim™ to specifically address these issues: How can the
firm leverage their existing expertise in new technologies to extend
profitability to new areas? And, how can the firm coordinate the
needs of R&D and marketing to provide more effective devices for
treating patients?
During the OpSim™, they were able to shift their thinking around
marketing. Their key technology could be modified to treat other
neurovascular conditions. They saw that if they expanded to making
devices for smaller aneurisms, as well as adding coils as a product,
they could service a larger market. Rather than providing devices
for one problem at a time, they could become a total solution provider.
They found a way to leverage their position as a leader in giant
aneurism and AVM technology to provide a comprehensive solution.
This way, their profitability wouldn’t depend on such a small market.
When they were looking at what to work on next, instead of going to a
scientific conference and asking “what’s the latest?” they began asking,
“what do doctor’s need for their patients? What does the total toolkit
look like?”
However, this shift exposed a deeper organizational issue.
In the past, marketing, manufacturing and R&D did not coordinate with
one another when developing new products. R&D would spend $10
million designing something using a plastic that couldn’t be mass
manufactured, for example, before realizing they were headed to a dead
end. On another occasion, R&D solved an ease-of-use problem in one
of the devices without notifying the sales team. The sales team
was out there negotiating around a technical difficulty that had already
been solved. All of these are problems that would have worked
themselves out in a year or two. But this firm didn’t have a
year. At their current burn rate, they had about five months of
cash left. Shifting their perspective in a shorter timeframe,
focusing on the right opportunities, and applying their knowledge in the
right way was crucial to saving the firm. A year later, they were
not only still in business, but turning a profit for the first time in 9
years, and looking at a major acquisition.
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