Business Acumen
Business Acumen
Power Skills | Workplace Essentials
About This Course
Business Acumen is all about seeing the big picture and recognizing that all decisions no matter how small can affect the bottom line. You will increase your financial literacy and improve your business sense. Business Acumen will give you an advantage everyone wishes they had. The workshop will help you recognize learning events, manage risk better, and increase your critical thinking. Business Acumen can influence your whole organization, and provide that additional edge that will lead to success. Module One: Getting Started Module Two: Seeing the Big Picture Short and Long Term Interactions Recognize Growth Opportunities Mindfulness of Decisions Everything is Related Module Three: KPIs (Key Performance Indicators) Decisiveness Flexible Strong Initiative Intuitive Module Four: Risk Management Strategies Continuous Assessment Internal and External Factors Making Adjustments and Corrections Knowing When to Pull the Trigger or Plug Module Five: Recognizing Learning Events Develop a Sense of Always Learning Evaluate Past Decisions Problems are Learning Opportunities Recognize Your Blind Spots Module Six: You Need to Know These Answers and More What Makes Money My Company Money? What Were Sales Last Year? What is our Profit Margin? What Were Our Costs? Module Seven: Financial Literacy (I) Assets Financial Ratios Liabilities Equity Module Eight: Financial Literacy (II) Income Statement Balance Sheet Cash Flow Statement Read, Read, and Read Module Nine: Business Acumen in Management Talent Management Change Management Asset Management Organizational Management Module Ten: Critical Thinking in Business Ask the Right Questions Organize the Data Evaluate the Information Make the Decision Module Eleven: Key Financial Levers Investing in People Effective Communication Process Improvement Goal Alignment Module Twelve: Wrapping Up Duration: 1-2 day in-house workshop with an expert trainer, dependent on your needs (in-person or online)
Policies
Quotations: Quotes are valid for 30 days only. Payments: Payments are due within 30 days from the invoice date if you have an approved account with ht+a, alternately according to any written agreement between ht+a and the Customer, failing which payment is due immediately upon receipt of the invoice. Confirmation: Delegate placements on public courses or scheduling of in-house courses will only be confirmed once payment, an approved purchase order or a signed quotation/agreement is received. All Events: It is the customer's responsibility to ensure they have a stable and active internet connection with suitable equipment (computer or smartphone) to join video calls (where applicable) and access course materials and tests. ht+a's sustainability policy includes not providing printed course materials, including for in-person events, however, customers may choose to print their course materials if desired. In-Person Public Events: The course fee includes the event venue, coffee, refreshments, and lunch. It does not include hotel rooms or travel expenses. ht+a will share the discounted group rate for hotel accommodation with you when available and recommends booking between 2 and 3 weeks prior to each event for rates and flexibility. ht+a is not liable for travel expense losses due to cancellation by either party, weather, flight delays, or other unforeseen circumstances. In-Person In-House Events: Pricing assumes the training will take place at the client's location and ht+a will not provide any catering. The Client will ensure that the training room will be equipped with all necessary tools including flip charts, markers, video projectors/screens, and appropriate furnishings. Publications: The price for certain courses includes the official VDA QMC publication and shipping thereof. Please note that additional local customs or delivery fees are for the customer's account and ht+a will not be responsible for these fees. Certificates: Certificates for VDA QMC courses will only be issued once full payment is received. Certificates for ht+a courses will be automatically issued upon completion of course requirements.