Business Acumen
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.
Online Course / Classroom Training
R1,499
Description
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.
Business Acumen > Course Outline:
Housekeeping Items
The Parking Lot
Workshop Objectives
Pre-Assignment
Action Plans and Evaluations
Short and Long Term Interactions
Recognize Growth Opportunities
Mindfulness of Decisions
Everything is related
Case Study
Module Two: Review Questions
Decisiveness
Flexible
Strong Initiative
Intuitive
Case Study
Module Three: Review Questions
Continuous Assessment
Internal and External Factors
Making Adjustments and Corrections
Knowing When to Pull the Trigger or Plug
Case Study
Module Four: Review Questions
Develop a Sense of Always Learning
Evaluate Past Decisions
Problems are Learning Opportunities
Recognize Your Blind Spots
Case Study
Module Five: Review Questions
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
Assets
Financial Ratios
Liabilities
Equity
Case Study
Module Seven: Review Questions
Income Statement
Balance Sheet
Cash Flow Statement
Read, Read, and Read
Case Study
Module Eight: Review Questions
Talent Management
Change Management
Asset Management
Organizational Management
Case Study
Module Nine: Review Questions
Ask the Right Questions
Organize the Data
Evaluate the Information
Make the Decision
Case Study
Module Ten: Review Questions
Investing in People
Effective Communication
Process Improvement
Goal Alignment
Case Study
Module Eleven: Review Questions
Words from the Wise
Review of Parking Lot
Lessons Learned
Completion of Action Plans and Evaluations
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