To develop business acumen—the knowledge of how organizations operate, create value, and gain competitive advantage—employees first need access to critical information, such as competitive intel, financial reports, and strategy

2022年7月6日 · Within the PMI Talent Triangle, the Business Acumen skills help project managers connect project work to organizational value through an enhanced understanding of business goals, industry trends, and market shifts.

2024年12月27日 · Discover 3 essential business acumen skills for 2025: strategic thinking, critical decision-making, and financial literacy

2019年5月24日 · Business acumen empowers technical employees with big-picture understanding and better decision-making. For example, an engineer with a strong business acumen sense could analyze the cost advantages and disadvantages of …

2023年9月29日 · In this article, we explore what business acumen skills are, examples of these skills, how to improve them and use them in the workplace and how to highlight your business acumen skills on your resume, cover letter and in interviews.

2024年9月5日 · Discover the critical competency of business acumen, which goes beyond financial literacy to include strategic thinking, market analysis, problem-solving, leadership, and effective communication. Learn how developing these key skills can drive organizational success, enhance decision-making, and foster career growth in the dynamic global market ...

Business Acumen: This component emphasizes the importance of understanding the business environment, strategy, and market dynamics where projects are executed. Project managers need to recognize how their projects contribute to the overall business objectives and align their work with the organization's strategic goals.

2024年10月15日 · Business acumen skills refer to the understanding and ability to make sound decisions in a business context. These skills include knowledge of how businesses operate, financial literacy, strategic thinking, market awareness, and the ability to identify and solve business problems.

2024年10月30日 · Business acumen is an in-depth understanding of how a business works, including its functions, strategies, operations, and how it fits into a wider marketplace. This kind of knowledge means you can make logical, business-related decisions and take on different roles within a business.

Business acumen, also referred to as commercial acumen, is defined as an intuitive and applicable understanding of how a company makes money and includes strategic thinking, financial acumen, market orientation, innovation, collaboration and influencing skills.