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Business acumen is keenness and quickness in understanding and dealing with a "business situation" in a manner that is likely to lead to a good outcome. Additionally, business acumen has emerged as a vehicle for improving financial performance and leadership development.

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Last Updated

October 12, 2021

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Certification

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.

Research has consistently demonstrated that when clear goals are associated with learning, it occurs more easily and rapidly. With that in mind, let’s review our goals for today.

At the end of this course, you should be able to:

  • 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

Course Curriculum

    • Introduction Unlimited
    • Objectives Unlimited
    • Pre-Assignment Unlimited
    • Module 1: Getting Started Deck Unlimited
    • Introduction Unlimited
    • Short and Long Term Interactions Unlimited
    • Recognize Growth Opportunities Unlimited
    • Mindfulness of Decisions Unlimited
    • Everything is Related Unlimited
    • Case Study Unlimited
    • Module 2: Seeing the Big Picture Deck Unlimited
    • Module 2: Seeing the Big Picture Quiz 00:05:00
    • Introduction Unlimited
    • Decisiveness Unlimited
    • Flexible Unlimited
    • Strong Initiative Unlimited
    • Being Intuitive Unlimited
    • Case Study Unlimited
    • Module 3: KPIs (Key Performance Indicators) Deck Unlimited
    • Module 3: KPIs (Key Performance Indicators) Quiz 00:05:00
    • Introduction Unlimited
    • Continuous Assessment Unlimited
    • Internal and External Factors Unlimited
    • Making Adjustments and Corrections Unlimited
    • Knowing When to Pull the Trigger or Plug Unlimited
    • Case Study Unlimited
    • Module 4: Risk Management Strategies Deck Unlimited
    • Module 4: Risk Management Strategies Quiz 00:05:00
    • Introduction Unlimited
    • Develop a Sense of Always Learning Unlimited
    • Evaluate Past Decisions Unlimited
    • Problems Are Learning Opportunities Unlimited
    • Recognize Your Blind Spots Unlimited
    • Case Study Unlimited
    • Module 5: Recognizing Learning Events Deck Unlimited
    • Module 5: Recognizing Learning Events Quiz 00:05:00
    • Introduction Unlimited
    • What Makes My Company Money? Unlimited
    • What Were Sales Last Year? Unlimited
    • What is Our Profit Margin? Unlimited
    • What Were Our Costs? Unlimited
    • Case Study Unlimited
    • Module 6: You Need to Know These Answers and More Deck Unlimited
    • Module 6: You Need to Know These Answers and More Quiz 00:05:00
    • Introduction Unlimited
    • Assets Unlimited
    • Financial Ratios Unlimited
    • Liabilities Unlimited
    • Equity Unlimited
    • Case Study Unlimited
    • Module 7: Financial Literacy (I) Deck Unlimited
    • Module 7: Financial Literacy (I) Quiz 00:05:00
    • Introduction Unlimited
    • Income Statement Unlimited
    • Balance Sheet Unlimited
    • Cash Flow Statement Unlimited
    • Read, Read, and Read Unlimited
    • Case Study Unlimited
    • Module 8: Financial Literacy (II) Deck Unlimited
    • Module 8: Financial Literacy (II) Quiz 00:05:00
    • Introduction Unlimited
    • Talent Management Unlimited
    • Change Management Unlimited
    • Asset Management Unlimited
    • Organizational Management Unlimited
    • Case Study Unlimited
    • Module 9: Business Acumen in Management Deck Unlimited
    • Module 9: Business Acumen in Management Quiz 00:05:00
    • Introduction Unlimited
    • Ask the Right Questions Unlimited
    • Organize Data Unlimited
    • Evaluate the Information Unlimited
    • Make the Decision Unlimited
    • Case Study Unlimited
    • Module 10: Critical Thinking in Business Deck Unlimited
    • Module 10: Critical Thinking in Business Quiz 00:05:00
    • Introduction Unlimited
    • Investing in People Unlimited
    • Effective Communication Unlimited
    • Process Improvement Unlimited
    • Goal Alignment Unlimited
    • Case Study Unlimited
    • Module 11: Key Financial Levers Deck Unlimited
    • Module 11: Key Financial Levers Quiz 00:05:00
    • Introduction Unlimited
    • Words from the Wise Unlimited
    • Lessons Learned Unlimited
    • Module 12: Wrapping Up Deck Unlimited

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