The competition of modern markets has expanded the responsibility of business literacy beyond the purview of senior executives. All levels of management and operations need to keep themselves ahead of the curve.
Everyone needs a high degree of BUSINESS ACUMEN.
Business acumen skills are basically the combination of knowledge you have about your business and the skills to implement it.
It's a greater strategic awareness of how a variety of factors could work together for the overall benefit of your organization. The ability to read market forces, understand how to capitalize on them and working with the rest of the team to develop disciplined strategies for excellent performance, product leadership and customer intimacy.
This program offers a modular approach to acquiring Business Acumen skills. From financial analysis to assessing human capital to succession planning. Learn how to align various department initiatives into a cohesive business strategy now.
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.
DR BARRAK ADAMS
( Naina Mohamed - for HRDF's claim )
Phd, Author-Trainer-Business & Technical Consultant, Trade Negotiator, Change Agent
Barrak specialises in training leaders world class negotiations around the Globe. He has been actively developing customised trainings and conducted them in Malaysia, Thailand, Indonesia, Philippines, the UAE, Sudan, Mauritania and Turkmenistan.
Senior Negotiator, Lead trainer, he has a clear and comprehensive understanding of what competencies are to be developed to be a successful negotiation. His abundant knowledge and experience addresses every situation in our fast pace business world and everyone is guaranteed to take home valuable learnings useful for their next deal.
Barrak comes to you with more than 40 years of enriched, result-oriented experience in many positions among SMEs, government agencies, multinational and businesses.
Equipped with solid experience and a wide range of state-of-art resources and latest development, his training programs are geared towards competency development.
With only the minimum amount of necessary theory (he says the participants can read his notes later) his training/ speaking sessions are filled with mindset, behavioural and capability change activities. There is always excitement, A-Hah moments in every session at his programs.
Barrak had worked with the Audio-Visual, Automotive, Printing, Property Development, Construction, Timber and Food industries, in capacities ranging from Group Engineer, Manager, Plant Manager, Senior Negotiator, Project Director and Managing Director.
Being a Management Consultant, Management System Auditor, Trainer and Counselor, he had consulted for an even wider range of industries that includes Medical services, Financial institutions, Petroleum industries, Metal, Plastics, Cellulose and Electronic components manufacturers, and the Civil service around the world.
He graduated in Engineering from the Singapore Polytechnic in 1973 and continued with post graduate and continuing studies in Engineering, Social Science, Rubber and Plastics Technology, Training and Development, Radiation Protection, and Quality Management, with a PhD in Organizational Management from Iowa State (US).
Since 2004, he has since been training and consulting for organizations such as PETRONAS, the National Electricity Board, the National Bank, various government ministries and agencies including Parliament House, and large corporations, further to training in Mauritania, Turkmenistan, Abu Dhabi, Sudan, Philippines, Thailand, Indonesia and Australia.
Currently, he is a senior resource faculty member for iTrainingExpert.com, continuously design and conduct customised trainings and consultancy for multi-national companies around the world.
To contact Barrak, please feel free to email us at
info@itrainingexpert.com or call +603 8074 9056 | Mobile +6012 6869 628
“Good And Very Insightful Contents. Plenty Of Case Studies And Practical Exercises Which Help Enhance Understanding. Overall, A Very Good Course Conducted And Presented By Dr Barrak”
“Very useful and stimulates our negotiation skills, explores our weaknesses and strengths in dealing with others."
“I believe that every PETRONAS staff should attend this course to at least have a basic understanding of how negotiation is conducted correctly because the truth is whether we realize or not, working in a multinational company we practice negotiation on a day to day basis”
“Insightful and impactful learning experience, well-complemented with practical real-life examples and thrilling and engaging case studies”
| Normal Fee |
Early Bird |
Group Fee |
| Sign up 1 pax |
Sign up 1 pax |
Sign up 3 pax or more |
| Pay 1 day(s) before course starts |
Pay 14 day(s) before course starts |
Pay 14 day(s) before course starts |
| MYR 3490 per pax |
MYR 2890 per pax |
MYR 2790 per pax |
| USD 1030 per pax |
USD 850 per pax |
USD 820 per pax |
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
