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 participants an advantage everyone wishes they had. The workshop will help your 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.
Business Acumen 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
Module Two: Review Questions
Module Three: KPI’s (Key Performance Indicators)
Module Three: Review Questions
Module Four: Risk Management Strategies
Internal and External Factors
Making Adjustments and Corrections
Knowing When to Pull the Trigger or Plug
Module Four: Review Questions
Module Five: Recognizing Learning Events
Develop a Sense of Always Learning
Evaluate Past Decisions
Problems are Learning Opportunities
Recognize Your Blind Spots
Module Five: 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?
Module Six: Review Questions
Module Seven: Financial Literacy (I)
Module Seven: Review Questions
Module Eight: Financial Literacy (II)
Cash Flow Statement
Read, Read, and Read
Module Eight: Review Questions
Module Nine: Business Acumen in Management
Module Nine: Review Questions
Module Ten: Critical Thinking in Business
Ask the Right Questions
Organize the Data
Evaluate the Information
Make the Decision
Module Ten: Review Questions
Module Eleven: Key Financial Levers
Investing in People
Module Eleven: Review Questions
Words from the Wise
Completion of Action Plans and Evaluations
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