Business Acumen Training

Course Introduction

Business Acumen is all about observing the bigger picture as well as recognizing that all decisions no matter how small can have an influence on the bottom line. By attending this course, you will increase your financial literacy as well as improve your business sense.

Business Acumen will give you an advantage that everyone wishes they had. This course will help you understand learning events, manage risk better, as well as increase your critical thinking skills.

Course Outline

Key outcomes of this course include:

Component 1: Starting Out

• Housekeeping matters and administration
• The Parking Area
• Activity Plans as well as Evaluations
• Program Objectives
• Pre-Assignment

Component 2: observing the Big Picture

• Training Example
• Short as well as Long Term Interactions
• understand Growth Opportunities
• Mindfulness of Decisions
• Everything is related
• Component 2: Assessment Queries

Component 3: KPI’s (Essential Performance Indicators)

• Flexible
• Decisiveness
• Strong Initiative
• Training Example
• Intuitive
• Component 3: Assessment Queries

Component 4: Risk Management techniques

• Continuous Assessment
• Knowing When to Pull the Trigger or Plug
• Internal as well as External Factors
• Making Adjustments as well as Corrections
• Component 4: Assessment Queries
• Training Example

Component 5: Recognizing Learning Events

• Problems are Learning Opportunities
• Evaluate Past Decisions
• formulate a Sense of Always Learning
• Training Example
• understand Your Blind Spots
• Component 5: Assessment Queries

Component 6: You Need to Know These Answers as well as more

• Exactly What Makes Money My business Money? What Were Our Costs? Exactly what is our Profit Margin?
• Training Example
• Exactly What Were Sales Last Year?
• Component 6: Assessment Queries

Component 7: Financial Literacy (I)

• Assets
• Financial Ratios
• Training Example
• Equity
• Component 7: Assessment Queries
• Liabilities

Component 8: Financial Literacy (II)

• Income Statement
• Cash Flow Statement
• Read, Read, as well as Read
• Balance Sheet
• Training Example
• Component 8: Assessment Queries

Component 9: Business Acumen in Management

• Organizational Management
• Change Management
• Talent Management
• Asset Management
• Training Example
• Component 9: Assessment Queries

Component 10: Critical Thinking in Business

• Ask the Right Queries
• Assess the Information
• Organize the Data
• Training Example
• Make the Decision
• Comp1nt 10: Assessment Queries

Component 11: Essential Financial Levers

• Investing in individuals
• Process Improvement
• Goal Alignment
Concluding• Effective Communication
• Training Example
• Component 11: Assessment Queries

Component 12: Concluding

• Wise Men’s words
• Assessment of Parking Area
• Key Learnings
• Evaluations as well as Completion Of activity Plans

Course duration and fees: Business Acumen Training Course

1 day

Who should attend

This course is suitable for those individuals who wish to develop their business acumen.

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