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Developing Business Acumen

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

Look at the complete business