Developing Business Acumen

Course Content

Module 1: Introduction to Business Acumen
5 Topics
1 Quiz
Introduction to Business Acumen
What is Business Acumen?
Importance of Business Acumen for Leaders
Key Components of Business Acumen
Course Objectives and Outcomes
Module 1: Introduction to Business Acumen Quiz
Module 2: Understanding Financial Statements
6 Topics
1 Quiz
Understanding Financial Statements
Overview of Financial Statements
Income Statement Components
Balance Sheet Components
Cash Flow Statement Components
Analyzing Financial Statements for Decision Making
Module 2: Understanding Financial Statements Quiz
Module 3: Financial Ratios and Metrics
6 Topics
1 Quiz
Financial Ratios and Metrics
Importance of Financial Ratios
Profitability Ratios
Liquidity Ratios
Solvency Ratios
Efficiency Ratios
Module 3: Financial Ratios and Metrics Quiz
Module 4: Strategic Planning and Execution
6 Topics
1 Quiz
Strategic Planning and Execution
Overview of Strategic Planning
Vision, Mission, and Values
SWOT Analysis
Setting SMART Goals
Implementing and Monitoring Strategy
Module 4: Strategic Planning and Execution Quiz
Module 5: Market Analysis and Competitive Intelligence
6 Topics
1 Quiz
Market Analysis and Competitive Intelligence
Understanding Market Analysis
Competitive Analysis Techniques
Market Segmentation and Targeting
Utilizing Competitive Intelligence for Decision Making
Module 5: Market Analysis and Competitive Intelligence Quiz
Module 6: Operational Excellence
6 Topics
1 Quiz
Operational Excellence
What is Operational Excellence?
Lean Management Principles
Six Sigma Methodology
Continuous Improvement Strategies
Case Studies of Operational Excellence
Module 6: Operational Excellence Quiz
Module 7: Leadership and Decision Making
6 Topics
1 Quiz
Leadership and Decision Making
The Role of Leadership in Business Acumen
Decision Making Models and Tools
Risk Management in Decision Making
Ethical Decision Making
Case Studies in Leadership Decision Making
Module 7: Leadership and Decision Making Quiz
Module 8: Customer and Market Focus
6 Topics
1 Quiz
Customer and Market Focus
Customer Focus Strategies
Understanding Customer Needs and Wants
Customer Relationship Management (CRM)
Building Customer Loyalty and Retention
Assessing Market Trends
Module 8: Customer and Market Focus Quiz
Module 9: Innovation and Change Management
6 Topics
1 Quiz
Innovation and Change Management
Role of Innovation in Business Success
Fostering an Innovative Culture
Change Management Strategies
Overcoming Resistance to Change
Measuring the Impact of Change
Module 9: Innovation and Change Management Quiz
Module 10: Negotiation and Persuasion Skills
6 Topics
1 Quiz
Negotiation and Persuasion Skills
Importance of Negotiation Skills
Steps in the Negotiation Process
Negotiation Tactics and Strategies
Persuasion Techniques for Leaders
Real-World Negotiation Scenarios
Module 10: Negotiation and Persuasion Skills Quiz
Module 11: Developing Strategic Partnerships
6 Topics
1 Quiz
Developing Strategic Partnerships
Importance of Strategic Partnerships
Identifying Potential Partners
Building and Maintaining Partnerships
Leveraging Partnerships for Growth
Case Studies of Successful Partnerships
Module 11: Developing Strategic Partnerships Quiz
Module 12: Measuring and Analyzing Performance
6 Topics
1 Quiz
Measuring and Analyzing Performance
Key Performance Indicators (KPIs)
Developing a Performance Measurement Framework
Analyzing Performance Data
Using Performance Data to Drive Improvement
Continuous Performance Management
Module 12: Measuring and Analyzing Performance Quiz