Business Acumen For Leaders

Price
$795.00 USD

Duration
1 Day

 

Delivery Methods
Virtual Instructor Led
Private Group

Course Overview

A business is more than a building and assets; it requires you to understand the intricate details of the way your organization runs effectively. It also requires you to have the financial and procedural intellect and leadership awareness to make sound decisions that affect several areas of your organization.

Private classes on this topic are available. We can address your organization’s issues, time constraints, and save you money, too. Contact us to find out how.

This course has been approved for 7 PDUs | 7 CDUs

Course Objectives

  • Recognize the importance of the big picture in business planning
  • Leverage financial information to make sound business decisions
  • Identify the importance of other financial levers to your business
  • Understand the connection of how current markets affect our processes
  • Align organizational systems from the top, down and the bottom, up

Who Should Attend?

Professionals desiring to improve their business planning, financial management, and decision-making skills and practice them in an ethical and professional manner will benefit from this course.
  • Top-rated instructors: Our crew of subject matter experts have an average instructor rating of 4.8 out of 5 across thousands of reviews.
  • Authorized content: We maintain more than 35 Authorized Training Partnerships with the top players in tech, ensuring your course materials contain the most relevant and up-to date information.
  • Interactive classroom participation: Our virtual training includes live lectures, demonstrations and virtual labs that allow you to participate in discussions with your instructor and fellow classmates to get real-time feedback.
  • Post Class Resources: Review your class content, catch up on any material you may have missed or perfect your new skills with access to resources after your course is complete.
  • Private Group Training: Let our world-class instructors deliver exclusive training courses just for your employees. Our private group training is designed to promote your team’s shared growth and skill development.
  • Tailored Training Solutions: Our subject matter experts can customize the class to specifically address the unique goals of your team.

Learning Credits: Learning Credits can be purchased well in advance of your training date to avoid having to commit to specific courses or dates. Learning Credits allow you to secure your training budget for an entire year while eliminating the administrative headache of paying for individual classes. They can also be redeemed for a full year from the date of purchase. If you have previously purchased a Learning Credit agreement with New Horizons, you may use a portion of your agreement to pay for this class.

If you have questions about Learning Credits, please contact your Account Manager.

Agenda

1. Gaining a Wider Perspective of Your Organization

  • Understanding business acumen
  • Improving long- and short-term interactions
  • Gaining political capital in your organization
  • Finding and recognizing growth opportunities
  • Making mindful decisions that impact business

2. Understanding the Importance of Numbers in the Business

  • Knowing the numbers that define success
  • Developing, defining, and reporting key performance indicators (KPIs)
  • Understanding sales, costs, and profit margin
  • Monitoring assets, liabilities, equity, and financial ratios
  • Reviewing income statements, balance sheets, and cash flow statements

3. Management Considerations for Process Improvement

  • Asking the right questions
  • Implementing the DECIDE model to work through difficult decisions
  • Understanding the value of markets
  • Leading with customer and market insights based on industry
  • Conducting a SWOT analysis to determine process improvement

4. Organizational Management and Alignment

  • Organizational management defined
  • Understanding the importance of interdepartmental systems
  • Applying systems thinking
  • Applying business ethics to every decision made
  • Understanding the impact of technology on ethics
  • Managing and aligning talent through all levels of the organization
 

Upcoming Class Dates and Times

Jun 17
8:00 AM - 4:00 PM
ENROLL $795.00 USD
Nov 18
8:00 AM - 4:00 PM
ENROLL $795.00 USD
CourseID: 3604726E
 



Do You Have Additional Questions? Please Contact Us Below.

contact us contact us 
Contact Us about Starting Your Business Training Strategy with New Horizons