Business Acumen

SCHEDULE

No schedule at the moment

If you have three or more candidates or you would like to run this course as an in-house programme, please contact us.

COURSE AIMS

Many people believe you are born with business acumen, which is loosely defined as the ability to assess an external market and make effective decisions. Knowing what is necessary to navigate and create a successful business seems innate for certain people. For example, Steve Jobs showed great business acumen. Fortunately, it is possible for the rest of us to improve business acumen. The right training combined with experience will improve your business savvy.

Through our Business Acumen workshop your participants will improve their judgment and decisiveness skills. Business Acumen is all about seeing the big picture and recognizing that all decisions no matter how small can have an effect on the bottom line. Your participants will increase their financial literacy and improve their business sense.

Business Acumen will give your participants an advantage everyone wishes they had. The workshop will help your participants recognise learning events, manage risk better, and increase their critical thinking. Business Acumen has the ability to influence your whole organization, and provide that additional edge that will lead to success.

WHAT WILL YOU GAIN FROM THIS COURSE?

Knowing how to deal with:

  • Know how to see the big picture
  • Develop a risk management strategy
  • Know how to practice financial literacy
  • Develop critical thinking
  • Practice management acumen
  • Find key financial levers

SAMPLE COURSE CONTENT

Below is an example of the course content that highlights some of the course’s key learning points. As part of your training program, we will modify content as needed to meet your business objectives. Upon request, we will provide you with a copy of participant materials prior to the session(s).

Seeing the Big Picture
  • Short and Long Term Interactions
  • Recognise Growth Opportunities
  • Mindfulness of Decisions
  • Everything is Related
  • Case Study
  • Review Questions
KPIs (Key Performance Indicators)
  • Decisiveness
  • Flexible
  • Strong Initiative
  • Being Intuitive
  • Case Study
  • Review Questions
Risk Management Strategies
  • Continuous Assessment
  • Internal and External Factors
  • Making Adjustments and Corrections
  • Knowing When to Pull the Trigger or Plug
  • Case Study
  • Review Questions
Recognising Learning Events
  • Develop a Sense of Always Learning
  • Evaluate Past Decisions
  • Problems Are Learning Opportunities
  • Recognise Your Blind Spots
  • Case Study
  • Review Questions
You Need to Know These Answers and More
  • What Makes My Company Money?
  • What Were Sales Last Year?
  • What is Our Profit Margin?
  • What Were Our Costs?
  • Case Study
  • Review Questions
Financial Literacy (I)
  • Assets
  • Financial Ratios
  • Liabilities
  • Equity
  • Case Study
  • Review Questions
Financial Literacy (II)
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement
  • Read, Read, and Read
  • Case Study
  • Review Questions
Business Acumen in Management
  • Talent Management
  • Change Management
  • Asset Management
  • Organisational Management
  • Case Study
  • Review Questions
Critical Thinking in Business
  • Ask the Right Questions
  • Organize Data
  • Evaluate the Information
  • Make the Decision
  • Case Study
  • Review Questions
Key Financial Levers
  • Investing in People
  • Effective Communication
  • Process Improvement
  • Goal Alignment
  • Case Study
  • Review Questions
Wrapping up
  • Words from the Wise
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