Great business instinct can be learned. Our Business Acumen course explores the knowledge, skills and understanding required to avoid business pitfalls and improve business insight.
TARGET AUDIENCE:
The Business Acumen course is for anyone interested in the knowledge and skills required to develop business acumen, in particular Business Service Designers (including Business Designers and Service Designers); Business Analysts; Business and Enterprise Architects; Solution Architects and User Researchers. UX Designers, Product Owners and Managers will also find the course beneficial.
COURSE PREREQUISITES:
Not available. Please contact.
COURSE CONTENT:
During this course, you will cover:
• The range of knowledge/skills required to possess business acumen
• Types of business model and the differences between them
• The concept of a values driven organisation
• The importance of a growth mindset for senior leadership teams
• Factors relevant to organisational decision-making
• Generic strategies for growth
• Competitive strategies
• How to evaluate product portfolio using the Growth Share Matrix
• Defining the term ‘profit' across different types of organisation
• Understanding pricing and costing approaches
• How to evaluate financial reports
• How to analyse business proposals
• Using data to inform business decision-making
COURSE OBJECTIVE:
The Business Acumen course covers the knowledge, skills, understanding and perspective needed to develop good business acumen. Topics include leadership and decision making skills; an understanding of business models, a growth mindset; financial and data literacy and more.
FOLLOW ON COURSES:
Not available. Please contact.