Business Acumen

Workplace Essentials


Description

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
Workshop Objectives
Pre-Assignment

Module Two: Seeing the Big Picture
Short and Long Term Interactions
Recognize Growth Opportunities
Mindfulness of Decisions
Everything is Related
Case Study
Module Two: Review Questions

Module Three: KPI’s (Key Performance Indicators)
Decisiveness
Flexible
Strong Initiative
Intuitive
Case Study
Module Three: 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
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
Case Study
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?
Case Study
Module Six: Review Questions

Module Seven: Financial Literacy (I)
Assets
Financial Ratios
Liabilities
Equity
Case Study
Module Seven: Review Questions

Module Eight: Financial Literacy (II)
Income Statement
Balance Sheet
Cash Flow Statement
Read, Read, and Read
Case Study
Module Eight: Review Questions

Module Nine: Business Acumen in Management
Talent Management
Change Management
Asset Management
Organizational Management
Case Study
Module Nine: Review Questions

Module Ten: Critical Thinking in Business
Ask the Right Questions
Organize the Data
Evaluate the Information
Make the Decision
Case Study
Module Ten: Review Questions

Module Eleven: Key Financial Levers
Investing in People
Effective Communication
Process Improvement
Goal Alignment
Case Study
Module Eleven: Review Questions

Words from the Wise
Lessons Learned
Completion of Action Plans and Evaluations

Content
  • 1. Business Acumen
  • 2. Business Acumen 1. Getting Started-HD
  • 3. Business Acumen 2. Seeing the Big Picture-HD
  • 4. Module 02 Case Study
  • Activity 01-Growth
  • Activity 02-Related
  • 5. Business Acumen 3. KPIs-HD
  • 6. Module 03 Case Study
  • Activity 03-Decisive
  • Activity 04-Initiative
  • Activity 05-Intuitive
  • 7. Business Acumen 4. Management Strategies-HD
  • 8. Module 04 Case Study
  • Activity 06-Internal and External
  • 9. Business Acumen 5. Recognizing Learning Events-HD
  • 10. Module 05 Case Study
  • Activity 07-Evaluate Decisions
  • 11. Business Acumen 6. You Need to Know These Answers-HD
  • 12. Module 06 Case Study
  • Activity 08-Sales Last Year
  • Activity 09-Profit Margin
  • Activity 10-Costs
  • 13. Business Acumen 7. Financial Literacy _I_-HD
  • 14. Module 07 Case Study
  • Activity 11-Ratios
  • Activity 12-Equity
  • 15. Business Acumen 8. Financial Literacy _II_-HD
  • 16. Module 08 Case Study
  • Activity 13-Income Statement
  • Activity 14-Balance Sheet
  • Activity 15-Talent Management
  • 17. Business Acumen 9. Business Acumen in Management-HD
  • 18. Module 09 Case Study
  • Activity 16-Asset Management
  • 19. Business Acumen 10. Critical Thinking in Business-HD
  • 20. Module 10 Case Study
  • Activity 17-Evaluate
  • Activity 18-Decision
  • 21. Business Acumen 11. Key Financial Levers-HD
  • 22. Module 11 Case Study
  • Activity 19-Invest
  • Activity 20-Goals
  • 23. Module 12 Closing
  • 24. Quote - Live As If
  • Recommended Reading List
  • Assessment - Business Acumen.
Completion rules
  • All units must be completed
  • Leads to a certification with a duration: Forever