From the course: Leadership Foundations
Join today to access over 23,200 courses taught by industry experts.
Developing business acumen
From the course: Leadership Foundations
Developing business acumen
- Can you articulate the top three strategic objectives or priorities of your organization? Do you know what keeps your senior executives up at night? Can you make sound business decisions? This gets at business acumen and every leader should possess it. Simply put, business acumen is defined as understanding the context in which the company operates and utilizes that information to make solid business decisions and to solve problems. Early in my role as a leader, I received great advice from my mentors and coaches on how to develop and demonstrate business acumen. Implementing these five steps enabled me to be a successful frontline leader. First, learn the business operations. This includes its challenges, needs, language, products and services, the staff, customers, communities, and the financial implications. Learn how other departments and projects interconnect so that you can develop a big picture perspective in…
Practice while you learn with exercise files
Download the files the instructor uses to teach the course. Follow along and learn by watching, listening and practicing.
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.