Course Description
The following is the course description for the Business Acumen Course:
Business Acumen will give your 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.
You Will:
At the end of this workshop, 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
Agenda
Course Core Competencies:
Module 1: Seeing the Big Picture
Topic A: Short and Long Term Interactions
Topic B: Recognize Growth Opportunities
Topic C: Mindfulness of Decisions
Topic D: Everything is Related
Module 2: KPI (Key Performance Indicators)
Topic A: Decisiveness
Topic B: Flexible
Topic C: Strong Initiative
Topic D: Being Intuitive
Module 3: Risk Management Strategies
Topic A: Continuous Assessment
Topic B: Internal and External Factors
Topic C: Making Adjustments and Corrections
Topic D: Knowing When to Pull the Trigger or Plug
Module 4: Recognizing Learning Events
Topic A: Develop a Sense of Always Learning
Topic B: Evaluate Past Decisions
Topic C: Problems Are Learning Opportunities
Topic D: Recognize Your Blind Spots
Module 5: You Need to Know These Answer and More
Topic A: What Makes My Company Money?
Topic B: What Were Sales Last Year?
Topic C: What is Our Profit Margin?
Topic D: What Were Our Costs?
Module 6: Financial Literacy (I)
Topic A: Assets
Topic B: Financial Ratios
Topic C: Liabilities
Topic D: Equity
Module 7: Financial Literacy (II)
Topic A: Income Statement
Topic B: Balance Sheet
Topic C: Cash Flow Statement
Topic D: Read, Read, and Read
Module 8: Business Acumen in Management
Topic A: Talent Management
Topic B: Change Management
Topic C: Asset Management
Topic D: Organizational Management
Module 9: Critical Thinking in Business
Topic A: Ask the Right Questions
Topic B: Organize Data
Topic C: Evaluate the Information
Topic D: Make the Decision
Module 10: Key Financial Levers
Topic A: Investing in People
Topic B: Effective Communication
Topic C: Process Improvement
Topic D: Goal Alignment