Seven step guide to develop business acumen
A Business Acumen is defined as “ability to combine experience, knowledge, perspective, and awareness to make sound business decisions”. It helps organizations meet their long-term goals.
HubSpot’s David J. P. Fisher has shared an article highlighting the importance of business acumen and seven steps to develop one.
Fisher says, “Business acumen goes beyond just “having a head for business.” It describes a strategic outlook that creates business advantaged. At its core, business acumen is the ability to combine experience, knowledge, perspective, and awareness to make sound business decisions.
The development of this ability leads to better judgment and allows you to view organizational needs in a holistic, long-term way.
Put simply, business acumen is when you make decisions that don’t just benefit your company today, but also months or even years in the future. It means you can think strategically about an interconnected landscape and implement activities to leverage that knowledge for present and future success”.
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