Developing Business Acumen

Develop business acumen. Gain an understanding of your business model, strategy, competition, and operations so you can make better decisions and become a better leader.

Introduction

• Welcome
• What you should know

1. Business Acumen Basics

• Build business acumen
• Understand common terminology
• Know the basics of your business

2. Your Business Model

• Define your products and services
• Build your offerings
• Price strategy
• Growth strategy

3. Your Financials

• Understand profit and loss
• Know your performance levers
• Assess trends

4. Your Strategy

• Assess the competitive environment
• Define how you'll compete and win
• Evaluate your initiative pipeline
• Set priorities

5. Your Operation

• Know your operations
• Consider how you sell and market
• Understand research and development
• Develop new products
• Manage people

Conclusion

• Look at the complete business