Business Acumen for Managers
Become a person who understands the key elements of business decision making, synthesize complex data and react positively to the unexpected.
Course Description
Business acumen is about having an in-depth understanding of how a business works and makes money; how strategies & decisions impact results – financial, operational, and revenue. It is more than financial literacy. Put simply, financial literacy is an understanding of financial resources and business acumen is the application of that understanding. This program can help participants with the ability to take a big picture view of a situation, and make a logical, sound decision confidently to drive profitable and sustainable growth.
Most Suitable For
Anyone who wants to take better strategic decisions which impact the organisation’s business.
Key Learning Outcomes
- Ability to the see big picture
- Ability to connect the dots to assess the situation
- Ability to understand complex business situations and make facts & data based decisions
- Better understanding of key business metrics and financial statements
- Improved decision-making process through developed financial acumen
Coverage
- Understanding business acumen
- Why business acumen
- Required mindset & capabilities
- Understanding business
- External environmental scan to assess factors impacting the organisation’s ability
- Financial Literacy - P&L, balance sheet and cash flow
- Connecting the dots Strategy aligned decision making
Andragogy
- Case studies, self-reflections & assessment, individual & group exercises, role plays, quizzes, chat, videos, App based activities, Q&A. (Need based pre & post program assessment )
Offerings
- F2F, Live Virtual Class & Webinar mode
- X’CEL approach for highly experiential, contextualised to the client’s business context for learner delight
- Optional Customization - Duration of Programs
- Training needs analysis prior to design and delivery for maximum program value & impact
- Pick & choose from a ready list or we can create one for you
- Facilitators with 15+ yrs. experience with deep subject knowledge & specialization
What Participants Say
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