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Business Acumen

Course details
Lectures 1

DEE Institute – WHO WE ARE

The Economic Emancipation Empowerment Movement was established to restore the global economy is going to require the combination of innovation, humanities through social entrepreneurship. E³M global engagement responds to the unprecedented health threats like the Coronavirus and Natural disasters like hurricane Dorian. E³M digital platforms is a powerful technological vehicle that increases and expand organizations and nations ability to facilitate economic empowerment opportunities. In short, E³M goal is to provide individuals a pathway to gain knowledge, develop skills and competencies that they could use to improve their quality of life, their communities and their countries through collaborative online learning.
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Workplace-and-Essentials
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Business acumen is loosely defined as the ability to assess an external market and make effective decisions. Knowing what is necessary to navigate and create a successful business seems innate for certain people; Steve Jobs demonstrated great business acumen. Fortunately, it is possible for the rest of us to improve business acumen. The right training combined with experience will improve your business savvy.

INTRODUCTION
Course Objectives

MODULE 1
Seeing the Big Picture
Short and Long Term Interactions
Recognize Growth Opportunities
Mindfulness of Decisions
Everything is Related
Knowledge Check

MODULE 2
KPIs (Key Performance Indicators)
Decisiveness
Flexible
Strong Initiative
Being Intuitive
Knowledge Check

MODULE 3
Risk Management Strategies
Continuous Assessment
Internal and External Factors
Making Adjustments and Corrections
Knowing When to Pull the Trigger or Plug
Knowledge Check

MODULE 4
Recognizing Learning Events
Develop a Sense of Always Learning
Evaluate Past Decisions
Problems Are Learning Opportunities
Recognize Your Blind Spots
Knowledge Check

MODULE 5
You Need to Know These Answers and More
What Makes My Company Money?
What Were Sales Last Year?
What is Our Profit Margin?
What Were Our Costs?
Knowledge Check

MODULE 6
Financial Literacy (I)
Assets
Financial Ratios
Liabilities
Equity
Knowledge Check

MODULE 7
Financial Literacy (II)
Income Statement
Balance Sheet
Cash Flow Statement
Read, Read, and Read
Knowledge Check

MODULE 8
Business Acumen in Management
Talent Management
Change Management
Asset Management
Organizational Management
Knowledge Check

MODULE 9
Critical Thinking in Business
Ask the Right Questions
Organize Data
Evaluate the Information
Make the Decision
Knowledge Check

MODULE 10
Key Financial Levers
Investing in People
Effective Communication
Process Improvement
Goal Alignment
Knowledge Check

ASSESSMENT
Post Test