Overview
As you grow as a leader, you want to make better business decision - strategically and financially for your organization. That’s why business acumen, an intuitive sense of how business work to create profit is indispensable.
This Business Acumen training course will improve your understanding of how operations, finance, marketing, and other functions must work together to create and execute a successful business strategy. You’ll also polish your financial literacy and leadership skills and become more business savvy and make better business.
Learning Outcomes
- Gain a realistic picture of your company’s position, market, and potential
- Examine the external environment and understand how customer and business changes affect your company’s ability to succeed
- Analyze where your business stands in relation to your key competitors and what the future will look like
- Measure the performance of your business using standards that are highly correlated with value creation
- Integrate your competitive analysis and financial metrics to improve your business decision making
- Create an actionable business strategy, get stakeholder buy-in, and develop a complete strategy implementation map
- Improve your business skills by learning the right financial terminology
Who Must Attend
Functional managers who have new or existing responsibilities to help support other departments and the organization as a whole.
Course Details
- Different types of organizational structures and their purpose
- Organizational depth versus span
- Establishing controls across the span and depth of organizations
- Understanding Significant Business and Management Terms
- The evolving new age terms
- Important Financial Terms That You should know
- Speaking and Writing the Business Language
- 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
- Cash and Cash flow
- Growth
- Margin
- Velocity
- Customer and the Supply Chain
- How Each Person Impacts The 5 Elements
- 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
- Working with PESTLE
- SWOT analysis of your function and business
- SWOT projects and updating SWOT
- Supply Chain - analyzing its synergy
- Seamless Operations
- 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
- 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
Methodology
This workshop’s methodology is a combination of expert input, Theatrical Improvisation (new) case studies, self-assessment, simulation, group discussions and sharing.
Course Leader
Testimonies
Investment
| Normal fee |
| Sign up 1 pax |
| Pay before course starts |
| MYR 2,890.00 |
| USD 800.00 |
| Early Bird |
| Sign up 1 person |
| Pay 14 days before course starts |
| MYR 2,290.00 |
| USD 640.00 |
| Group Fee |
| Sign up 3 pax or more |
| Pay 14 days before course starts |
| MYR 2,190.00 |
| USD 610.00 |
(Fee inclusive of GST, Buffet Lunch, Refreshment, Welcome Pack, Training Materials Certificate of Achievement)
Payment mode:
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 IN CHEQUE
Bank in and then scan the Bank-in slip and email to us before the course commence to confirm your seat.
Courier your cheque payment to our Finance HQ.
*Note that we DO NOT take any payments during the event.
3. BANK IN CASH: You can also pay by cash through bank-in our company bank account.
4. Telegraphic Transfer- You can also opt to use GIRO or telegraphic transfer of payment via international banks.
