Business Acumen

Through our Business Acumen course 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. Participants will increase their financial literacy and improve their business sense.

This two hour Business Acumen course will give participants an advantage everyone wishes they had. The course will help participants recognize 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.

Completing this course will confer 2 CPD Credits towards internationally recognised Continuous Professional Development Requirements within organisations operating this kind of staff development methodology.

Course Outline

Module One: Getting Started

Module Two: Seeing the Big Picture

• Short and Long Term Interactions
• Recognize Growth Opportunities
• Mindfulness of Decisions
• Everything is Related
• Case Study
• Review Questions

Module Three: KPI’s (Key Performance Indicators)

• Decisiveness
• Flexible
• Strong Initiative
• Intuitive
• Case Study
• Review Questions

Module Four: 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

Module Five: Recognizing Learning Events

• Develop a Sense of Always Learning
• Evaluate Past Decisions
• Problems are Learning Opportunities
• Recognize Your Blind Spots
• Case Study
• Review Questions

Module Six: You Need to Know These Answers and More

• What Makes Money My Company Money?
• What Were Sales Last Year?
• What is our Profit Margin?
• What Were Our Costs?
• Case Study
• Review Questions

Module Seven: Financial Literacy (I)           

• Assets  
• Financial Ratios
• Liabilities             
• Equity  
• Case Study         
• Review Questions              

Module Eight: Financial Literacy (II)       

• Income Statement         
• Balance Sheet  
• Cash Flow Statement    
• Read, Read, and Read   
• Case Study         
• Review Questions           

Module Nine: Business Acumen in Management             

• Talent Management      
• Change Management   
• Asset Management       
• Organizational Management     
• Case Study         
• Review Questions              

Module Ten: Critical Thinking in Business             

• Ask the Right Questions               
• Organize Data   
• Evaluate the Information            
• Make the Decision         
• Case Study         
• Review Questions               

Module Eleven: Key Financial Levers              

• Investing in People        
• Effective Communication            
• Process Improvement  
• Goal Alignment
• Case Study         
• Review Questions