Sona Sherratt designs executive education programmes at Ashridge Executive Education. Reem Mohammed / The National
Sona Sherratt designs executive education programmes at Ashridge Executive Education. Reem Mohammed / The National

Virtual training is so real for future bosses



The virtual world is increasingly infiltrating our daily lives – be it in maintaining relationships or how businesses connect amid shrunken travel budgets.

But how much of a role can the digital realm have in leadership training, enhancing and preparing future bosses? And, more importantly, can it do so effectively?

These were two of the issues tackled by academic Sona Sherratt and her researchers in the report Developing Global Leaders in a Digital World.

They explored the comparative effect of face-to-face, blended and virtual learning on leadership development.

The results surprised Ms Sherratt, faculty member of Ashridge Executive Education, UK, where she designs, teaches and client directs on several executive education programmes.

“As researchers we walked into this thinking face-to-face will always be better,” she says. “That people’s experiences, their behavioural change, will always be better face-to-face. The surprise is, it has the potential to be just as effective virtually.”

Ms Sherratt recently illustrated this during a roadshow on behalf of Ashridge at Hult Business School’s Internet City campus.

She demonstrated to local HR and business people how effective virtual learning can be, using “critical incidents”. In one case, a volunteer interviewed via video link a “staff member” about work behaviour and absences.

The emotional reactions appeared no less significant than had the actor or interviewee been in the room.

“We are trying to increase heart rate, that potential level of stress, so people have memorable experiences,” says Ms Sherratt, whose report followed earlier research examining learning retention.

“Most managers learn most through having experiences, either on the job or within training and development programmes. We know memory retention is based around having emotional experiences.”

Ms Sherratt, whose clients include Swarovski, Avis and Continental, says statistics suggest 77 per cent of organisations are using some form of virtual learning platform.

Ashridge ran its Leadership Experience programme virtually and got results that surprised but could prove positive for firms seeking to boost leadership skills without losing staff to distant courses.

“Many of us see virtual as a two-dimensional thing; we can walk away from it and won’t feel that same sense of engagement, or interaction, or even responsibility for other people in that group. We found people saying not only did they feel they learnt they also felt that same sense of responsibility towards peers who they’d never met who are virtual within this space. That is a surprise.”

Barry O’Mahony, the dean in the business faculty at University of Wollongong Dubai, says “in certain circumstances and under certain conditions” virtual can be as effective as face-to-face.

“The modern virtual learning environment has improved over the last 10 years. Most important is the pedagogy. “Curricula can be modified for virtual delivery. The development of programmes, however, needs to be very detailed and follow a particular structure to achieve the learning outcomes developed in to support the programme.”

Liri Andersson, the founder of a boutique business and marketing consultancy that enables Fortune 500 organisations to understand, navigate and commercially exploit the changing business and marketing environment, is a guest lecturer at Insead business school, which has a branch in Abu Dhabi.

She sees corporate attitudes towards virtual solutions changing, but some need convincing.

“Leaders in Fortune 500 companies I consult, or teach, show an overwhelming tendency to see virtual as something less than, or not real – yet most have never actually tried the technology,” she says. “Younger generations, with a broader exposure to technology-based solutions, do not make that distinction; to them both virtual and physical are perceived as reality.”

Ms Andersson sees virtual reality playing a larger role in business education.

“At some point physical and virtual worlds will merge, and we will no longer be referring to real, virtual, physical – it will simply be reality,” she says.

“Hence, everything that can be digitised will be digitised – learning, education, and workplace interactions is no exception. We will be able to bring people together from across regions, companies, functions in a blink of an eye to engage, at a fraction of the cost.”

Ms Sherratt says methodology remains key. “There will always be a demand for leadership development,” she says.

One thing the study found, says Ms Sherratt, was that with face to face, people wander in and out. “But people felt reluctant to walk away from a screen,” she says.

business@thenational.ae

From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

Duterte Harry: Fire and Fury in the Philippines
Jonathan Miller, Scribe Publications

2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, Leon.

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Another way to earn air miles

In addition to the Emirates and Etihad programmes, there is the Air Miles Middle East card, which offers members the ability to choose any airline, has no black-out dates and no restrictions on seat availability. Air Miles is linked up to HSBC credit cards and can also be earned through retail partners such as Spinneys, Sharaf DG and The Toy Store.

An Emirates Dubai-London round-trip ticket costs 180,000 miles on the Air Miles website. But customers earn these ‘miles’ at a much faster rate than airline miles. Adidas offers two air miles per Dh1 spent. Air Miles has partnerships with websites as well, so booking.com and agoda.com offer three miles per Dh1 spent.

“If you use your HSBC credit card when shopping at our partners, you are able to earn Air Miles twice which will mean you can get that flight reward faster and for less spend,” says Paul Lacey, the managing director for Europe, Middle East and India for Aimia, which owns and operates Air Miles Middle East.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

UAE currency: the story behind the money in your pockets
Cricket World Cup League Two

Teams

Oman, UAE, Namibia

Al Amerat, Muscat

 

Results

Oman beat UAE by five wickets

UAE beat Namibia by eight runs

Namibia beat Oman by 52 runs

UAE beat Namibia by eight wickets

 

Fixtures

Saturday January 11 - UAE v Oman

Sunday January 12 – Oman v Namibia

LIVING IN...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

Dr Afridi's warning signs of digital addiction

Spending an excessive amount of time on the phone.

Neglecting personal, social, or academic responsibilities.

Losing interest in other activities or hobbies that were once enjoyed.

Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.

Experiencing sleep disturbances or changes in sleep patterns.

What are the guidelines?

Under 18 months: Avoid screen time altogether, except for video chatting with family.

Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.

Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.

Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.

Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.

Source: American Paediatric Association
Company%20Profile
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The Brutalist

Director: Brady Corbet

Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn

Rating: 3.5/5

Analysis

Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

Where to buy

Limited-edition art prints of The Sofa Series: Sultani can be acquired from Reem El Mutwalli at www.reemelmutwalli.com