What is business acumen? Who has business acumen and who doesn’t? Would it help your company grow if all your employees had more business acumen?
The dictionary defines acumen as “shrewdness, keenness of judgment or insight.” So if you have business acumen, you are a shrewd business person with keen business judgment or insight.
Do all your employees have business acumen? Are they shrewd business people? Do they understand how all aspects of your company interrelate?
It would be the rare company that could answer “yes” to those questions, which is exactly why companies spend so much time an money to improve their executives’ and managers’ business acumen.
What is the best way to improve business acumen? By reading business theories written by renowned authors? By listening to lectures from renowned speakers?
Reading and listening can be helpful, but beyond a doubt, the best way to learn something is to read, listen and experience. That is what the Capstone® and Foundation® Business Simulations provide.
In a typical Capstone® or Foundation® seminar, participants read about business, hear about business and run a business – not a small piece of a business, not a single department (as in their daily jobs) – but an entire business.
Capstone and Foundation don’t just teach R&D acumen or Marketing acumen or Finance acumen. They teach business acumen. And participants learn in an interesting, memorable exciting program, that demonstrates cross functionality, teamwork and leadership.
No more departmental “silos” that restrict and narrow creativity and problem solving.
To learn more about how the Capstone® and Foundation® simulations can provide your company with always much-needed business acumen, please contact us.
For a free, no obligation review sample of Capstone® or Foundation®, please click here.
