Business Acumen Training

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Business Acumen Training

In today’s organizations, employees often find it difficult to learn new skills and transfer current knowledge across functions. Companies too feel the urgent need to spur entrepreneurship and ownership at all levels, requiring employees to demonstrate business acumen in their day-to-day decisions. Hence, it has become imperative for organizations to arm their workforce with skills and knowledge across business functions, in areas, they find particularly challenging like analyzing reports, the impact of key decision making, understanding financial trade-offs, thereby paving the way for future managers.

Develop critical competencies

Business Acumen Simulation is a workshop-based training solution that models complex interactions across functions in an organization. This simulation covers the different functional areas of Sales and Marketing, Procurement, Production, Finance, and HR. Participants will learn how to create long-and short-term objectives and implement them in an agile, nimble, and consistent manner in an uncertain environment.

Transform your employees to better managers and leaders

Business Acumen Simulations will enable your workforce to take the following decisions:

  • Analyze the market and set strategic goals for their business

  • Identify risks (Internal & external) and factor them into strategic, operational and tactical decisions

  • Take decisions on capital investments, investments, and divestments

  • Determine production levels, subcontracting arrangements

  • Undertake strategic initiatives for innovation

  • Determine marketing mix (pricing, promotions, product features) to attract, retain and grow customer base and share of wallet

In short, Business Acumen training simulations takes learners through the paces of business planning, strategizing, and decision-making thereby enabling their transformation into better leaders and managers.