Business Acumen Goal Sheet
What are the strategic goals of the business and how can they be achieved.
Business acumen goal sheet. According to the financial times business acumen is the keenness and speed in understanding and deciding on a business situation. Employee development is a critical part of any successful business. The term business acumen may be just two words but it encompasses a lot.
Recognize relevant business goals enough to orchestrate outcomes that lead to customer success. Business acumen however is not just one skill but a set of skills working together to help make a leader and their business prosperous. Make business acumen one of your core competencies.
Simply put business acumen is understanding how a company makes money and achieves its goals and objectives. If business acumen isn t one of your company s core competencies already make it one of your personal core competencies and then become a champion for adding it to your company s list. Business acumen also known as a business savvy and business sense is an ability that allows you to understand and cope with different business situations.
Real world examples of business acumen in action. Financial acumen skills market orientation strategic thinking leadership skills analytical and logical thinking business acumen skills competency infographic business acumen is an ability that allows you to understand and cope with different business situations. It includes a wide complex of competencies knowledge and awareness of multiple.
Most companies have a specific set of core competencies they want employees to focus on developing. Assess your knowledge of business acumen with this multiple choice quiz and worksheet. Simply put business acumen is understanding how a company makes money and achieves its goals and objectives.
Unfortunately this hard working leader is not alone. About this quiz worksheet. Here are a few ways you can add to your team s skill set and build the business acumen your company needs.