Business Acumen

An useful guide on Business Acumen

►Business acumen involves the ability to effectively communicate with all functional areas in the organization. Even if a marketing manager has never studied finance, she knows how to speak the language of finance well enough to convey the logic behind her budgetary requests so finance people can understand them and hopefully approve them. Individuals with acumen are always looking ahead, trying to gain insight into what opportunities will be coming and what competitive threats are likely to emerge. Acumen means having the ability to devise strategies to remain one step ahead of competitors, a quality sometimes called vision.✴

►Business acumen also requires a thought process that ensures a focus on critical factors, an appreciation of the future consequences of actions taken today and the recognition that future activities require constant monitoring and adjustment when things don’t go according to plan. These three ideas are summarised by the terms mindfulness, sense-making and resilience.✴

【Topics Covered in This App are Listed Below】

⇢ What is Business Acumen?

⇢ Defining Business Acumen

⇢ Business Acumen for Managers

⇢ Business Acumen for Employees

⇢ Business Acumen for HRS

⇢ Questions you Should Ask Yourself

⇢ Key Drivers of Business Acumen

⇢ Business Acumen - Financial Literacy

⇢ Business Acumen - Proficiency

⇢ Business Acumen - Cultivating

⇢ Critical Thinking to Build Business Acumen

⇢ Cash

⇢ Profits

⇢ Assets

⇢ Growth

⇢ People

⇢ Business Acumen - Big Picture

⇢ What Is a Strong General Business Acumen?

⇢ How to Develop Strong Business Acumen

⇢ What it is, why it's important and how to get it

⇢ The Intellectual Revolution

⇢ What Is Strategy?

⇢ Natural Barriers To Creating Breakthrough Strategies And Solutions

⇢ Processing Power

⇢ Overcoming The Natural Barriers To Success

⇢ Terminology

⇢ Transforming the Thinking Process

⇢ Applying Solution-Based Logic

⇢ Traditional Strategy Formulation Scenarios

⇢ Driving The Intellectual Revolution With Outcome-Based Logic

⇢ Applying Outcome-Based Logic

⇢ Structuring the Process of Strategy Formulation

⇢ Desired Outcomes

⇢ The Desired Competitive Position

⇢ The Optimal Solution

⇢ Desired Outcomes: Redefining the Concept of ‘‘Requirements’’

⇢ The Realities Of ‘‘Requirements’’ Gathering

⇢ Accepting Solutions As Requirements

⇢ Defining the Desired Competitive Position

⇢ Integrating Structure and Information into a Process for Strategy Formulation

⇢ Engaging in the Intellectual Revolution

⇢ Simplifying The Ongoing Application Of The Cd-Map Process

⇢ Capturing and Prioritizing Desired Outcomes

⇢ Prioritizing Desired Outcomes

⇢ Using Desired Outcomes As A Basis For Segmentation

⇢ Prioritizing Predictive Metrics

⇢ Using Predictive Metrics

⇢ Using Predictive Metrics In The Creation Of Strategies And Solutions