Business acumen is foundational to ensuring managers and employees make better decisions. Building business acumen involves three factors:
- An appropriate mental framework for how to approach and think about business opportunities or problems
- The contextual factors that affect decision-making (e.g. how different parts of a business affect one another)
- A reliable, repeatable process for calibrating actions and decision-making to absorb lessons learned and apply them to future decisions.
We build these three factors into the custom solutions we create for clients. The most common business acumen needs are: