A Hungarian who grew up in Germany, Zoltan earned his first degree in Law at the London School of Economics (UK). His practice orientation and a strong interest in the real dilemmas of people management prompted him to complete a Global MBA at CASS Business School (UK). After the fall of the Iron Curtain, he returned to Hungary to earn a Ph.D., focusing on the strategic challenges in transition economies. Parallel to his academic work, his hobby to meeting people and developing new, forward-looking management concepts and value-based leadership development solutions.
Since 2000 he was Director of MBA Programs at both of the top leading Business Schools in Central Europe, his flagship courses are “Flow & Leadership” (EMBA), “Flow, Development and Serious Games” (Ph.D.), and “Global Leadership/Global Management Practice” (CEMS)..

 

Guided by the motto "Learning, Leading, Leapfrogging", Zoltan has a quarter-century of experimentation and innovation at the interface of Leadership Practices & Values, Applied Psychology, and Strategic Management: He has authored several global-award-winning teaching case studies and has extensive practical experience as a team and executive coach. 

His current research focuses on increasing Competitiveness through better leadership and innovation and by finding more Flow at work, combining it with Self-Development and Change Management processes, aiming to further Leadership Development that is applicable in different cultural and situational contexts. These new insights can be used for Talent Management and Staffing Strategies based on modern big-data and predictive HR analysis via gamification.

Dr. Zoltan Buzady:

• co-authored ‘Missing Link Discovered - Planting Flow Theory into Management and Leadership Practice’ (2nd ed.: 2019),

• is a co-developer of FLIGBY - Flow is Good Business For You, the Official Flow-Leadership Game & Program with Prof. Mihaly Csikszentmihalyi, the inventor of Flow and founder of positive psychology. www.fligby.com, 

• is the Research Director of the ‘Leadership & Flow Global Research Network”. www.flowleadership.org,

• is the official Flow-Leadership Academic Ambassador and Lead for FLIGBY in Russia, Caucasus  & Central Asian Region: https://sites.google.com/buzady.hu/fligbyinrussian/home

is a content contributor to EdCrunch, a leading global Edu-Tech event, Moscow 2018 & 2019,

• is regularly invited to teach, train or present at various E/MBAs: Skolkovo/UST Hong Kong EMBA for Eurasia,  Nazarbayev University, Geneva Business School, MSM Maastricht, Fudan University China, Corvinus University.

• Delivered FLIGBY training to 500+ participants at various corporations and national companies (OTP Bank, Raiffeisen Bank, Astana International Financial Center, Knorr-Bremse Industries, KazMunaiGas, American Chamber of Commerce, etc.).

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About FLIGBY

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FLIGBY is Prof. Mihaly Csikszentmihalyi’s Global-Award-Winning Flow-Leadership Development Programme, Leadership Skills Measurement & Video-Simulation Game

By: Dr. Zoltan Buzady, Associate Professor of Leadership, Global Flow Expert zoltan@buzady.hu

Top benefits of using simulation in leadership training for the organization

1. You can create an engaging and highly motivational learning environment – High levels of interactions make learning fun and increase retention. Players must navigate their way through interpersonal, organizational and business complexities under very real circumstances – all the way to success! Each and every decision influences how their individual story unfolds.

2. You can analyze team and group dynamics – One key benefit of simulation training is that it can be measured. Tracking, analyzing, and reporting users’ behavior can be used as a part of employee assessment. Simulations create an environment that offers a new type of platform for observing management behavior. The user gets totally absorbed into the story, and since s/he is completely unaware of how his or her decisions might affect the skill scores, the player unwittingly reveals his or her real self.  The leadership simulation, FLIGBY, for example, measures 29 management/leadership competencies during gameplay. After completing the game, FLIGBY’s Master Analytics Profiler provides the user with an individual report on his/her skill set, with a range of benchmarking options available. Assessing individual reports on a group or organizational level offers the possibility to analyze group dynamics and how people with different skill sets work together on common tasks in a team. This gives a huge advantage to the organization/company when recruiting a management team to work on new projects. In addition, the HR department can develop a general training plan to improve certain leadership skills for the management team. 

3. Predictive people analytics: You can identify critical organizational issues – The data collected during the simulation-based learning process helps to provide companies with more insights that can be used to identify critical organizational issues. Collected data can predict the management group’s future behavior under different strategic challenges. This kind of sophisticated strategic modeling is becoming an ever-more important part of organizations’ strategic planning because it helps to identify leadership skills gaps, one of the frequent causes of an organization’s strategic failure.

4. You can directly address previously identified leadership challenges – Incorporating games into business programs has become ever more frequent in recent years because effective business simulation games have proven to be operative teaching and learning devices and because participants not only appreciate but also increasingly expect to encounter such games in their programs. Using a leadership simulation can be especially useful when an organization faces a new challenge, and it wishes to smooth the adaptation to the new situation. Facing a new challenge often implies that certain skills are particularly valuable to successfully managing them. When used throughout the organization, simulations build organizational alignment through the development of a common understanding of new business circumstances.

5. You can realize a high return on investment (ROI) – The quantitative benefits generally are easier to recognize and measure. It embraces time-saving, reduction in errors, faster time to competence, reduction in alternative training costs, and procedures performed. Qualitative benefits are the benefits that are hard to measure and transfer into monetary value. Examples of qualitative benefits include the improvement of the unit’s performance, quality of work environment, employee satisfaction, the reputation of the organization, and others. Training in a digitally simulated environment can maximize your training time and minimize the money you spend by enabling you to learn basic management procedures and then master them at your actual organization. Furthermore, employees trained via simulations are up to speed on new tools faster.

6. You can achieve better results faster – A successful learning curve, one that keeps a good ratio between the time spent on learning and knowledge retention, can always be optimized. The process of simulating a scenario to practice different responses and actions to a real-life situation is extremely effective in knowledge retention. This is because knowledge isn’t in theory – the user needs to apply it in a real-life situation. Simulations offer a chance to experience real-life scenarios that depict true events. It is a faster, and more efficient way of practice and learning that helps people understand how they should act in real-life situations.

+ a bonus benefit: You can stimulate competition – Business is competition. Comparative settings where users are working through the same scenario, letting participants compare and challenge their decisions and their achieved results. Simulations offer participants to participate in friendly competition in a constructive and productive manner.

So the benefits of using simulation, in a nutshell, are that it will save time, and money and allow everyone to manage and lead on a more professional way. Furthermore, leadership development conducted by a training company with leadership development simulation capabilities can provide a wide array of benefits useful for all levels of leaders from management talent pools up to the top executive officers.

Infos here: https://goo.gl/koNise