Basics of Business Acumen

Basics of Business Acumen (230 minutes): Explore the key elements of how a successful business works. Basics of Business Acumen (230 minutes): Explore the key elements of how a successful business works.

Created by Created by Management Centre Europe Last updated Mon, 18-Jul-2022  English

Basics of Business Acumen

Basics of Business Acumen (230 minutes): Explore the key elements of how a successful business works. Basics of Business Acumen (230 minutes): Explore the key elements of how a successful business works.

Created by Created by Management Centre Europe Last updated Mon, 18-Jul-2022  English

Program Overview

Description

Business acumen skills are skills that enable a person to understand and manage various business situations. This skillset is not limited to a single skill but rather incorporates several different skills to build a strong business acumen competency.

To succeed in business, you first need an understanding of how a business operates—from analyzing data and financials to managing projects. Access resources that can help professionals at all levels improve their business acumen in order to enhance performance and achieve organizational goals.

 

What you'll learn

Creating & Presenting Operational Budgets
Learn how to review the elements of a budget and present them effectively in order to keep your business moving ahead.

Building a Customer-Focused Strategy
Gain insights to help you analyze what your customer wants, determine the right strategic objectives and create a mission statement in alignment with your company’s vision.

Accounting 101
Develop an understanding of the fundamentals of accounting and gain confidence in applying them.

Balancing the Books: Booking Journal Entries
Get the skills and knowledge to journalize your debit and credit account entries and balance your books.

Leading the PAC: Researching & Presenting Data
Learn effective strategies to gather data, analyze it and draw conclusions to help you solve problems of all kinds.

Analyzing Data Using the DASA Model
Leverage the Data as a Strategic Asset (DASA) Model to identify and answer business questions based on data-driven insights.

Strategy Execution: Elements of a Sound Strategy
Discover ways to identify and get input from key stakeholders, manage data collected from them and adjust your strategy accordingly to gain buy-in.

How to Understand and Analyze Financial Statements
Learn to quickly determine if a firm has a strong or weak financial position, evaluate profitability, calculate and interpret financial ratios, and identify warning signs of financial trouble.

Curriculum

Curriculum for this course
8 Lessons
LESSONS:
8 Lessons
  • Creating & Presenting Operational Budgets
  • Building a Customer-Focused Strategy
  • Accounting 101
  • Balancing the Books: Booking Journal Entries
  • Leading the PAC: Researching & Presenting Data
  • Analyzing Data Using the DASA Model
  • Strategy Execution: Elements of a Sound Strategy
  • How to Understand and Analyze Financial Statements
₹9625 + taxes

Training 5 or more people?

Get your team access to 5,500+ top Acelot Academy courses anytime, anywhere.

Latest news

Subscribe to our newsletter