BUSINESS ACUMEN WORKSHOP OUTLINE

I. Strategic Acumen

• What comprises business strategy?
• Why do we need a strategy? How can it help me in my job?
• Where can I get information about business strategy?
• Implementation – the key to success

II. Financial Acumen

• The three key financial tools — How businesses keep score:
  • Income Statement
  • Cash Flow Statement
  • Balance Sheet
• What are the key elements of each tool?
• What can each tell you?
• How can what you do impact each?

III. Measurement Acumen

• Beyond financials — What isn’t measures, can’t be managed
• Tactical vs. strategic measures — how are they linked?
• Building and using good measurement systems

IV. Putting it Together

• Using strategic direction, financial information and metrics to make a difference in business results.