Workplace Essentials

(Business Acumen)


Description

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.

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




Business Acumen Course Outline:



Module One: Getting Started

  • Workshop Objectives

  • Pre-Assignment

  • Action Plans and Evaluations


Module Two: Seeing the Big Picture

  • Short and Long Term Interactions

  • Recognize Growth Opportunities

  • Mindfulness of Decisions

  • Everything is Related

  • Case Study

  • Module Two: Review Questions


Module Three: KPI’s (Key Performance Indicators)

  • Decisiveness

  • Flexible

  • Strong Initiative

  • Intuitive

  • Case Study

  • Module Three: Review Questions


Module Four: Risk Management Strategies

  • Continuous Assessment

  • Internal and External Factors

  • Making Adjustments and Corrections

  • Knowing When to Pull the Trigger or Plug

  • Case Study

  • Module Four: Review Questions


Module Five: Recognizing Learning Events

  • Develop a Sense of Always Learning

  • Evaluate Past Decisions

  • Problems are Learning Opportunities

  • Recognize Your Blind Spots

  • Case Study

  • Module Five: Review Questions


Module Six: You Need to Know These Answers and More

  • What Makes My Company Money?

  • What Were Sales Last Year?

  • What is our Profit Margin?

  • What Were Our Costs?

  • Case Study

  • Module Six: Review Questions


Module Seven: Financial Literacy (I)

  • Assets

  • Financial Ratios

  • Liabilities

  • Equity

  • Case Study

  • Module Seven: Review Questions


Module Eight: Financial Literacy (II)

  • Income Statement

  • Balance Sheet

  • Cash Flow Statement

  • Read, Read, and Read

  • Case Study

  • Module Eight: Review Questions


Module Nine: Business Acumen in Management

  • Talent Management

  • Change Management

  • Asset Management

  • Organizational Management

  • Case Study

  • Module Nine: Review Questions


Module Ten: Critical Thinking in Business

  • Ask the Right Questions

  • Organize the Data

  • Evaluate the Information

  • Make the Decision

  • Case Study

  • Module Ten: Review Questions


Module Eleven: Key Financial Levers

  • Investing in People

  • Effective Communication

  • Process Improvement

  • Goal Alignment

  • Case Study

  • Module Eleven: Review Questions






Content
  • 1. Business Acumen
  • 2. Business Acumen 1. Getting Started-HD
  • 3. Business Acumen 2. Seeing the Big Picture-HD
  • 4. Module 02 Case Study
  • Activity 01-Growth
  • Activity 02-Related
  • 5. Business Acumen 3. KPIs-HD
  • 6. Module 03 Case Study
  • Activity 03-Decisive
  • Activity 04-Initiative
  • Activity 05-Intuitive
  • 7. Business Acumen 4. Management Strategies-HD
  • 8. Module 04 Case Study
  • Activity 06-Internal and External
  • 9. Business Acumen 5. Recognizing Learning Events-HD
  • 10. Module 05 Case Study
  • Activity 07-Evaluate Decisions
  • 11. Business Acumen 6. You Need to Know These Answers-HD
  • 12. Module 06 Case Study
  • Activity 08-Sales Last Year
  • Activity 09-Profit Margin
  • Activity 10-Costs
  • 13. Business Acumen 7. Financial Literacy _I_-HD
  • 14. Module 07 Case Study
  • Activity 11-Ratios
  • Activity 12-Equity
  • 15. Business Acumen 8. Financial Literacy _II_-HD
  • 16. Module 08 Case Study
  • Activity 13-Income Statement
  • Activity 14-Balance Sheet
  • Activity 15-Talent Management
  • 17. Business Acumen 9. Business Acumen in Management-HD
  • 18. Module 09 Case Study
  • Activity 16-Asset Management
  • 19. Business Acumen 10. Critical Thinking in Business-HD
  • 20. Module 10 Case Study
  • Activity 17-Evaluate
  • Activity 18-Decision
  • 21. Business Acumen 11. Key Financial Levers-HD
  • 22. Module 11 Case Study
  • Activity 19-Invest
  • Activity 20-Goals
  • 23. Module 12 Closing
  • 24. Quote - Live As If
  • Recommended Reading List
  • Assessment - Business Acumen.
Completion rules
  • All units must be completed
  • Leads to a certification with a duration: Forever