Business Acumen for Leaders
$795
1 Days
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Business Acumen Course
A business is more than a building and assets; it requires you to understand the intricate details of the way your organization runs effectively. It also requires you to have the financial and procedural intellect and leadership awareness to make sound decisions that affect several areas of your organization.
This course will earn you 7 PDUs | 7 CDUs
Learning Objectives
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Recognize the importance of the big picture in business planning
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Leverage financial information to make sound business decisions
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Identify the importance of other financial levers to your business
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Understand the connection of how current markets affect our processes
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Align organizational systems from the top, down and the bottom, up
COURSE AGENDA
Business Acumen Course Outline
In this course, you will learn to understand the mechanics of the organization – reading and interpreting financials, making sound business decisions, and setting a course – while also developing the skills to guide and direct your workforce in an ethical and professional manner.
Strategic Leadership
Organizational Leadership
- Understanding business acumen
- Improving long- and short-term interactions
- Gaining political capital in your organization
- Finding and recognizing growth opportunities
- Making mindful decisions that impact business
- Knowing the numbers that define success
- Developing, defining, and reporting key performance indicators (KPIs)
- Understanding sales, costs, and profit margin
- Monitoring assets, liabilities, equity, and financial ratios
- Reviewing income statements, balance sheets, and cash flow statements
- Asking the right questions
- Implementing the DECIDE model to work through difficult decisions
- Understanding the value of markets
- Leading with customer and market insights based on industry
- Conducting a SWOT analysis to determine process improvement
- Organizational management defined
- Understanding the importance of interdepartmental systems
- Applying systems thinking
- Applying business ethics to every decision made
- Understanding the impact of technology on ethics
- Managing and aligning talent through all levels of the organization
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