Business Acumen Skills- Think like the CEO

By the end of the course, you would be:

• Improving the speed of informed decision-making.
• Grooming high-potential employees for career opportunities and retention.
• Developing sustainable business acumen as a component of succession planning.
• Driving a culture of owner/entrepreneur thinking at all levels of the business.
• Aligning department initiatives (HR, finance, engineering, sales, etc.) with business imperatives.

Functional managers who have new or existing responsibilities to help support other departments and the organization as a whole.

Module 1: Understanding Organization Structure

• Different types of organizational structures and their purpose
• Organizational depth versus span
• Establishing controls across the span and depth of organizations

Module 2 : Business Terminology and Language

• Understanding Significant Business and Management Terms
• The evolving new age terms 
• Important Financial Terms That You should know
• Speaking and Writing the Business Language

Module 3: Decision Making and Problem Solving

• Learning from successful business decision making models
• Peter Drucker’s 5 elements of effective decision making
• Preemptive thinking® – going beyond the Creative and Critical problem solving and decision making

Module 4: The 5 Essential Elements of Business Acumen 

• Cash and Cash flow
• Growth
• Margin
• Velocity
• Customer and the Supply Chain
• How Each Person Impacts The 5 Elements

Module 5: Understanding Strategy

• A review of some best business strategies & strategies of the oldest companies
• Porter’s 5 forces 
• The elements of strategic planning for the Media Industry
• Implementing and managing strategies
• An assessment of failed strategies

Module 6: Internal and External Environment Analysis

• Working with PESTLE
• SWOT analysis of your function and business
• SWOT projects and updating SWOT
• Supply Chain - analyzing its synergy
• Seamless Operations

Module 7: Performance for Profits

• Balanced Scorecard 
• Critical Success Factors
• Developing, actioning and updating the Balanced Scorecard
• Performance Management and Key Performance Indicators (KPI) 
• Establishing and weighting performance indicators
• Cascading organizational performance to operational performance
• Measuring and monitoring KPIs

Module 8: Actualizing Business Acumen

• How does your business operate
• What are the essential elements of your business
• How does your company make money
• How does your work affect the bottom line

This workshop’s methodology is a combination of expert input, Theatrical Improvisation (new) case studies, self-assessment, simulation, group discussions and sharing.

Upon successful completion of this program, you will receive a Certificate of Achievement.

1. Online Payment by Credit card: You can opt to register and pay online with our latest payment integration system through our website.

2. Bank Transfer- You can also opt to use GIRO or telegraphic transfer of payment via international banks.

3. HRD Corp Claimable Courses Skim Bantuan Latihan Khas - Applicable to Malaysian Employer Only

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