Southwest Airlines incorporated Business Challenge and Fluent in Finance into its MIT II: Developing Legendary Leaders program, which prepares high-potential managers for the next level. Business acumen is an especially important concept for leaders to develop as they focus on meeting the company’s fiscal and operational goals.
Program participants completed Fluent in Finance, Enspire’s six-hour interactive finance course, to get a foundation in business finance concepts. Then, the group put their skills to the test in Business Challenge, a competitive, team-based business acumen simulation. Teams were challenged to lead a business, make strategic business decisions based on financial metrics, and compete against their peers in a dynamic marketplace. Simulation debriefs and discussions tied concepts applied in the simulation back to the participants’ day-to-day jobs.
Business Challenge has been used at Southwest Airlines since 2010 and has received top ratings from participants every year.