Business acumen, business smarts, business savvy. They all mean the same thing. But what do they really mean? How do you attain it, develop it and teach it? It really comes down to understanding how a business works and reaches its goals. But it isn’t something someone has or doesn’t have. It’s honing several skills and …
Staying competitive has always been a challenge for businesses. With technology and the workforce rapidly changing, that competition is even stronger. Staying on top of your game means your business needs to hone the skills of its leaders to encompass all the needs of the organization. That means that tomorrow’s workforce needs business acumen training. …
Today’s leaders need to have a full plate of skills in order to propel a company into the future. With so many leaders of a certain age set to leave corporations, there is a lack of the skills needed to do so. Business smarts, savvy, acumen, whatever you call it, the company needs it. What …
Today’s Business Acumen is Lot More Than Numbers Read More »
We all have a strategy. Whether it’s a way to win a simple game or to arrive at a certain location, we have strategies all the time. It really comes down to ‘ifs’. If I take highway 7, there will be less traffic. If I take his last pawn, I’ll have a clear shot at …
Every organization needs competent leaders at all levels so that they can hold all the pieces together and make decisions that will benefit the larger organization. And considering that most company’s succession pipelines are unreliable, business acumen has become a topic of great interest in the area of leadership development. With the growing global economy, …
Gone are the days when employees stayed in the same job for years before they received a promotion. Currently, the business world is moving at a much quicker pace, and employees expect managers to appreciate their efforts by ensuring that they don’t stagnate in their current positions. However, amidst the ever-changing workforce trends, managers also …
The Skills Business Managers Need from Their Workforce Read More »
Millennials are quickly filling up many new and mid-level management positions and there is a high chance that they will be the majority of the global workforce soon. And although most of the top-level managers are aware of this trend, questions are being raised on whether they are adequately prepared (not due to smarts but …
Hands-On, Real-World Training Can Help! Both growing and fully fledged corporations face the challenge of skill gaps. Certain skills naturally have a higher demand at certain times, outstripping the available personnel. This can be caused by loss of labor through natural attrition, but the leading cause is the emergence of new posts. Sometimes these posts …
Let’s say you hold a major position in a successful firm, with an entire docket under your belt. You are at the peak of your career, but you nevertheless feel there’s something missing; something that could take you and your firm to the next level. One day, during a break, you’re sipping coffee and reading …
Development of Effective Business Acumen Training Read More »
