The British Academy for Training and Development offers Certificate in Business Acumen Training Course. The purpose of this Certificate in Business Acumen training is to groom attendees with the basic skills and knowledge to understand the business world and work within it. Attendees will learn about the basic concepts of business, the processes of decision-making, and strategic thinking. The course empowers professionals to make informed judgments, to be useful to the success of the organisation, and to communicate favourably in a business context.

Business acumen, in essence, is the art of understanding the key concepts, processes, and dynamics of a business. However, such an understanding becomes more potent when combined with a love for it, critical thinking, and practical agility to analyse such business situations and react accordingly. By mastering business acumen, a person has the capacity to manoeuvre through shifting environments, maximize opportunities for growth, and steer their teams and organisations toward sustained success.

Objectives

After this Certificate in Business Acumen training course, attendees will be able to:

Know core business principles and concepts.Analyse and interpret information to inform decisions.Develop strategic thinking and problem-solving ability.Communicate business insights and proposals persuasively.Strengthen leadership and decision-making in business. Training Methodology

This Certificate in Business Acumen training course with various well-proven adult learning techniques for maximum understanding, comprehension, and retention of the knowledge imparted. This approach will include stimulating presentations that support each topic in the course, alongside trainer-led interactive sessions of discussion. There will be practical sessions that give attendees the opportunity to practice and experience activities related to the course. 

To make the learning experience as realistic and fun as possible, varied tools will be employed, including exercises, short video presentations, small group work, and case studies. Role playing and interactive activities will pinch-hit other forms of training throughout the entire course.

Who Should Attend?

This Certificate in Business Acumen training course is suitable for:

All leaders and managersThose new to a leadership roleTeam leadersThose who studied business in the past who wish to be up to date with current thinkingManufacturing, quality, operations staff, and supply chain personnelHuman Resource ProfessionalsQuality Professionals and Project ManagersHow will attendees benefit?

Attendees of the Certificate in Business Acumen Training Course will gain numerous benefits:

Enhanced Decision Making: Establishes the ability to assess risks, opportunities, and business trends to make data-based decisions. Financial Literacy: Understand financial statements, budgeting, and costing techniques to create an alignment between business objectives and financial results. Strategic Thinking: Becoming acquainted with the identification of market opportunities, analysis of competition, and means to contribute to long-term business success.Leadership and Problem Solving: Builds the leadership skills necessary to effectively address business issues of greater complexity. Cross-Functional Expertise: Increase the knowledge of all business functions, such as marketing, finance, and operations, to improve cooperation and efficiency.Career Advancement: Increase professional credibility and create openings for management and leadership positions.

In this course, attendees are inspired to cultivate a well-rounded business perspective whereby they can positively affect growth and achievements within the organisation.

Foundations of Business Acumen

• Developing your business acumen

• Overview of business structures and operations

• Key principles of business success

• Finance for non-financial leadership

• Stakeholder engagement principles

Strategic Thinking and Planning

• Understanding Strategy

• Understanding the importance of vision and mission

• The business model canvas tool

• Macro-environment scanning with PESTLE & SWOT 

• Micro-environment scanning with Porter's Five Forces

Leadership and Decision-Making

• Understanding best practice in decision-making

• Problem-solving techniques 

• Tools for making decisions (PMI, Crawford slip, multiple why’s, fishbones)

• The Vroom-Jago Decision Model

• Avoiding groupthink in your organisation

Effective Communication in Business

• Understanding the psychology of communication

• Writing impactful business reports and proposals

• Delivering clear, persuasive, and professional presentations

• Negotiating in professional environments

• Cross-cultural negotiation

An Introduction to ESG and Sustainability Imperatives

• ESG Overview: Definition, Components, and Importance

• Governance Structures for ESG: Best Practices in Implementation

• Social Responsibility in ESG: Employee and community impact

• Environmental strategies: managing sustainable practices

• ESG reporting and metrics: transparency and accountability