But someone with business acumen can think on their feet. I am methodical and logical in my approach to business and my organisational skills are exceptional. I regularly seek out opportunities to connect and learn from others in my field. As time goes on, I hope to teach myself to handle such situations better. Give examples of how youve used those skills in the past to succeed in a previous position. I promote a team-oriented work environment by remaining collaborative and seeking out opportunities to work with my peers on projects I need assistance on. Strategic Planning is organizational management activity that is used to set priorities, focus energy and resources, strengthen operations while guaranteeing that employees and other stakeholders are working towards common goals. 30. It may sound like a tall order. Always seeks ways to use his knowledge to make improvements on the job. I am straightforward, businesslike and transparent, three of the most important skills for the business. 32. I have great talent and skills and would be a ++++ for anyone to do business with me, . Christopher has managed to predict a number of market trends way in advance. Easily absorbs and applies new information. Acumen and business awareness are housed in your mind. The adaptability self-appraisal comments examples can help you to sum up performance review in your current job position. Nowadays, the business acumen courses have expanded far beyond classroom-based learning into digital learning, measurement, and evaluation approaches. Innovation and CreativitySelf-AppraisalComments. While it is obvious why managers need a high level of business sense, the importance of business acumen skills for employees is not so clear! Include specific skills in your resume. 18. An understanding of the importance and interdependence of various functions within an organization. The company's filing status is listed as Forfeited Existence and its File Number is 0800276232. 4. Or maybe youve never even thought about them. Are you developing your commercial awareness skills? Search Business acumen trainer jobs in Plano, TX with company ratings & salaries. I have a set of skills which allows me to engage throughout the spectrum of business. I am driven by my leadership skills and strong business ethics. Monica is one of the least efficient analytic of the entire company. While the art of performance appraisal is universal, the way it is written down can vary depending upon the departments. I am a strategic asset to any businesses looking for those skills. Necessary cookies are absolutely essential for the website to function properly. Have a great business idea youre dying to try? Industry associations provide a range of opportunities that can lead to developing business acumen skills, building relationships and success. I have very strong business understanding and business driving skills that are both multinational and multi-dimensional. 2023 - businessphrases.net - All Rights Reserved. Because the most successful people have it! Drive productivity through sustained well-being and mental health for all employees with BetterUp Care. always to get the job done in a timely manner, and with good results, so I will aim to eliminate circumstances in which my coworkers may interpret my actions as a personal attack. It can feel uncomfortable at first to take risks. Staying up to date with the latest business industry news and trends is a key factor for maintaining your business sense and savvy. No one can do business in a vacuum. Learn what the Pareto principle, or 80 20 rule, is, and how to use it. Clear vision about what you want to achieve. Here are the most effective words you can use in a variety of job performance appraisal categories: Quality and quantity of work: accuracy, thoroughness, productivity, and goal attainment. I am mindful of my own interactions as a customer outside of my work so I can better understand our customers perspective. Here is how someone in your organization can develop business acumen and become an asset for their team and the company at large. What does it mean to set cascading goals? Do you understand the strategic goals of the organization? Shows a high degree of intellectual effectiveness. 28. Practicing business acumen requires taking risks. For instance, maybe you remember hearing something similar at an all-hands meeting. Make sure to invest in professional development courses for your employees. He lacks engagement and concentration. I seamlessly transferred my business skills and determined qualities to me flourishing business. Reading a quick overview book like The 10-Day MBA can also help people jumpstart the process of building business acumen. I have handled escalation emails with ease and composure. All Rights Reserved. I am also an accomplished author which is a handy skill in our business. I have taken these skills and applied them to my own business with great results which is not surprising. I am skilled at driving business results while also doing what's right for my team. Learn why they matter and how you can start one today. I am an extraordinary combination of business acumen and persuasion skills. The Registered Agent on file for this company is Derek Tompkins and is located at 8128 Grand Canyon Drive, Plano, TX 75025. The ability to evaluate data and create solutions based on the research. Sometimes Arthur just cannot focus on his work. I have strong business skills and my communication skills are at a very high level. Do you want to support business acumen development in your organization? However, business acumen isnt just understanding business issues in general. Valerie makes sure to meet every need of her regular customers. Arthur has been making creative decisions that lead to consistent profit gains. Managers with a strong sense of business knowledge surely. Learn how conversations can build a high performance culture. Nowadays, you just need to want to read. I have great business skills, working smart with excellent interpersonal and organizational skills. Otherwise, it is unlikely employees will feel empowered. A great way to collect this type of performance feedback is, 360-Degree Feedback Tool, which allows you to request feedback from anyone within your company at any time. I consent to receive future White Papers, blog updates & other marketing communications from SpriggHR. Jane conducts customer surveys and polls to find out what they want the most. What Does Business Acumen Mean? For an organization, to know how to make money is essential, right! All employees can assess their strengths and weaknesses, evaluate themselves and find relevant business skills self-review comments that supervisors would like to see in self-appraisal form. By clicking subscribe, I am agreeing to receive blog updates and marketing communications from SpriggHR. A performance review needs to be a balanced affair where as a manager or supervisor you are required to state the obvious, and communicate an effective feedback to the employees. Which of your potential projects is most likely to be a priority beyond your department? I am an innovative and highly skilled business transformation partner. Self-appraisals can be. I have carried this skill forward to my current role and applies my business acumen to effectively increase business results. It can also help them understand growth strategies used by the business. The business consultant self-appraisal comments examples can help you to sum up performance review in your current job position. Its more than just business knowledge. English | 1. I have been questioned by many regarding my style of work. I have a great sense of presentation skills with a thorough understanding of businesses. You should also be prepared to talk about business considerations (of your former employer and your prospective one) relative to the role you want. If you see yourself evolving as a leader in an organization, its crucial that you develop business acumen sooner rather than later. The ability to collect the right Information. Here are nine sample self-appraisal comments that you can use to describe your job performance: I respect my work and find pleasure and value in it. We're on a mission to help everyone live with clarity, purpose, and passion. Access to education and training many memberships provide the opportunity to attend education and training programs. Never forget that you are a part of something bigger! This is where the profile of your organization start to raise and your competitive edge starts to grow. Business acumen typically addresses questions such as: Developing business acumen can help give you the knowledge you need to have a long and successful career. Learn what business coaching is and why you should find your own coach ASAP. Communication. Even someone who is naturally good with numbers wont automatically understand a companys financial side without digging into it. Promote the individual growth of every employee. I stay current on developments in our industry and regularly read up on any new innovations or disruptive projects or companies that may be a source of inspiration for our own. I am an exceptional business person who takes advantage of my strong interpersonal skills and business acumen to win business. I have high interpersonal skills, curiosity and business understanding, ideal skills to drive innovation. Companies today, more than ever in these challenging economic ages, need leaders and employees who can add value and provide financial success of their business. Of course, this is one of the greatest ways to develop your business acumen skills and competency. Its also important to know the basics of reading a P&L, balance sheet, and cash flow statement. I have great listening skills and is committed to helping business owners get the most out of their businesses, so they can get the most out of life. I frequently volunteer to participate in projects that extend beyond by job responsibilities. I have strong business and negotiation skills, but was polite a pleasure to do business with. These companies are located in Jacksonville FL and Plano TX. As we mentioned above, business acumen is about understanding how the business works! As we mentioned above, business sense means an overall big picture and understanding of the business. The samples of performance review phrases for business acumen is a great/helpful tool for periodical/annual job performance appraisal. People tend to think of business acumen as a desirable attribute in employees who are more technically aligned, or with a specialized skill set. Marta perfectly understands the needs and wants of our target customers. Being able to understand not only the numbers, but also to manage your limited resources, risks, compliance requirements, meeting deadlines, implementing new technologies, improving the level of customer satisfaction and so on, is a part of your day. How do you respond to negative customer reviews? Most of the time Monica is entirely focused on the current companys goals. If youre looking for appraisal comments suited for others, check out this article! Best practices, research, and tools to fuel individual and business growth. Strategic thinking helps managers and employees review and set goals and priorities, identify potential risks and opportunities, doing long-term planning. You probably already know that strong analytical skills and analytical thinking are among the most required business abilities. If you want to achieve success, youll have to encounter failure along the way. Its important to know how to communicate effectively with others to help everyone function more effectively. Its also a great way to collect their feedback and improve business performance. I am very skilled and experienced in explaining the business value of a certain feature or metric. Knowing and understanding which are the drivers of creating shareholder value. For example, add analytical skills if you have them. If you continue to use this site we will assume that you are happy with it. What research tools do you use to keep up with industry trends? Learn how to successfully create these pathways. I am a business and results-oriented and have excellent people skills. I am the one of the most accomplished, skilled interviewers and negotiators in the business. A useful tip here is to ask for a copy of research reports developed by the different departments. Commercial awareness/business acumen is the ability to identify customer needs, determine the companys problems, and create ways to increase profits. Positive Phrases. I tactfully provide difficult feedback and approach sensitive situations with skill and compassion. These phrases should serve you as a reference when doing the performance reviews. Because business acumen is in high demand in the workforce, people who have it can make a big difference for their organization. Here are a few ways you can add to your team's skill set and build the business acumen your company needs. Nigel has very poor knowledge of the companys internal processes. I am able to use my skills to help teams make better business decisions. document.getElementById( "ak_js_6" ).setAttribute( "value", ( new Date() ).getTime() ); We'll keep you up to date with useful HR content, tips, and templates! I have a great can-do attitude and is highly skilled in the business. Encourage people in your organization to take smaller risks first if this scares them. Only when employees see how their decisions and actions make a difference, they will start to work as a real part of a team. Here are eight skills that contribute to someones business acumen. I have valuable skills regarding how to apply business systems to business processes. Inside access to innovations and new developments. In addition to that, some courses help you to develop business savvy with innovative, fun, and creative learning experiences. I am continuously working towards improving the customer experience by strengthening my outreach with key clients and ensuring my follow up strategy is consistent and effective. I am working towards strengthening my interpersonal skills and easing tensions between me and my peers. Nowadays, organizations must make sure that every employee understands how the company makes money. Leaders need to use their strategic thinking to figure it out on the go. David demonstrates impeccable knowledge of the current economic conditions in the industry. adult classes on your chosen business topics by searching in Google. Many people think that business acumen is an intuitive ability. What drives profitability for your company? I am up for any business challenge and has the experience and skills to tackle difficult assignments. Self-evaluation phrases for adaptability highlighting your areas of improvement and give you opportunity to pave the way for future growth. I am also skilled in determining the motivations of others and how to fulfill their business needs. Business Trend Awareness is the capacity to be conscious of the changing ways in which the companies are developing in the marketplace. More than anything, business acumen needs to be constantly maintained and developed. This is true whether youre planning your career in the same organization or if youre looking for opportunities elsewhere. Note that, business acumen review phrases can be positive or negative and your performance review can be effective or bad/poor activity for your staffs. When building business acumen, self-driven learning is key. Recognizing the appropriate phrases to use when drafting yourself-appraisalcommentsis critical to ensuring they are as effective as you wish them to be. Attention to Detail: Effects on the Employee and Employer! 3. With the arrival of your companys performance appraisal season, there also comes an increased focus on self-evaluation and reflection on your own work. ". They must arrive on time, take the designated time breaks to ensure efficiency and productivity. Build leaders that accelerate team performance and engagement. Anyone who wants to know more about a business should talk to customers when they can. 93% of IT and business executives have a talent gap, coach can help people speed up the process. 39. Its not just about knowing your product, service or business field. Total Points Business Acumen Scale Strategies; 90-100: High: Use your understanding to help coach or mentor others. I am a business oriented professional that can link my skills with business needs. Susan has good analytical skills that allow her to accurately predict future business opportunities for growth. The ability to foresee and break down complexities and uncertainties. 29. But you dont have to figure it out alone. I have an incredible set of business skills that defy most every label. Here are some sample employee evaluation comments that you can refer to while conducting the next appraisal review. I have outstanding skills of grasping the business understandings and turning them quickly into actual business scenarios/cases. 19. You've shown marked improvement over our last review in terms of productivity Leadership. Ever since Angelina joined our company, our monthly sales have been declining. I have exhibited excellent leadership skills in our endeavors together, and has been innovative in getting new business. The ability to analyze the variances against the budget or forecast. Do you know what makes your company profitable and why your customers buy from you? However, the deep of your financial knowledge depends on your position and management level. There are 2 companies that go by the name of Acumen Capital Group, Inc.. 35. Developing strong business acumen skills takes time, efforts and the learning never stops. It is important for you as a leader or an employee to have an extensive understanding of what drives cash flow and profits. I set my expectations with other stakeholders. Also, participating in committees is a great way to build connections with other specialists in the organization. I have motivated me to continue to improve upon my skills in business and become a successful woman in business just like me. Uses her expertise to raise the quality and quantity of work. I have the experience and skills to help get your business moving forward in the most efficient way. What is business acumen, and why is it important? How quickly do you recognize solutions to overcome obstacles that damage the company. Transform your business, starting with your sales leaders. Business acumen (also known as a business savvy and business sense) is an ability that allows you to understand and cope with different business situations. Why are business acumen skills crucial for managers and leaders? It is the collection of both general and organization-specific knowledge about how things get done and why. 21. I have very strong listening skills and turns that into opportunities both for my own improvement and that of the business. Valerie is a new employee who is striving to learn as much as she can about our company. Here are the top 100 self appraisal phrases that you can use for different performance parameters. Because business acumen is not only about seeing the big picture and understanding how the money are made. 8. I have excellent technical and business skills and is able to relate well to all levels of the business. I am a great judge of the "soft skills", in addition to traditional business and tech skills. These communication skills can be used to develop relationships in your project or team to create better outcomes. To satisfy the needs of your customers better than the competitors is a core goal for every company. Arnold does a bad job at financial forecasting. When youre empowered to make decisions or experiment with different approaches, business acumen allows you to guide your team to where they can have the most impact. I am committed to my professional growth and have taken training courses specific to the skills in which I recognize a need for improvement. Rachel never fails to convert unhappy customers into repeat buyers. I have totally impressed me with my integrity, leadership skill and business skill. 16. Every day, managers make decisions that impact their companys financial results, whether it is hiring personnel, preparing a budget, managing a project, negotiate with clients, approving a capital investment, etc. I clearly communicate my expectations and goals to my team members. No doubt, this is one of the best ways to understand your companys processes and way of function. Communication phrases Use these self phrases to reflect on your clarity of communication, willingness to listen to others, etc. Get Started with YourSelf-AppraisalProcess Today. Peter does not set clear objectives, which damages his productivity. Aaron seems to be genuinely interested in improving the efficiency of his team. Simbline.com, 2023. Makes major purchasing decisions without first checking the company's budget or financial statements. She makes terrible predictions. It is an opportunity to look at things from another point of view, reflecting on how others may be perceiving your actions and recognizing the areas that need improvement. Ask them to help you understand their job position, their companys values and processes. These can include: Understanding your market is not the same as having marketing skills. I have the utmost skills for promotion and getting a business off the ground. It is an opportunity to look at things from another point of view, reflecting on how others may be perceiving your actions and recognizing the areas that need improvement. Business communication 7. I have the right approach towards the business needs and has good networking skills. He cannot solve problems that require creative thinking. And if you want to have strong business acumen skills, you should be able to do that! 33. , and templates and suggested action verbs are provided to help you write stronger self-evaluations, make the improvements necessary in your work efforts, and strengthen the relationships you have with your peers and superiors. They know how to communicate a compelling vision and explain the why behind it. You met and exceeded our expectations 5. I have a great understanding of business and business needs along with very adept technical skills. I have always brought the best of me people-skills to the table in business situations. Experimenting and taking risks to gain useful information, The basics of operations in your company and which parts are the biggest levers of performance and growth, Understand a problem from different angles, Understanding what information is rare and valuable and the limitations of what is available, Asking for help if there are metrics you dont understand, Following business leaders on social media, Subscribing to newsletters in your industry. For example, a software engineer with business acumen has different opportunities than one who lacks an understanding of the business, even if they possess similar technical skills. I am very customer orientated and has strong business skills. Customer ExperienceSelf-AppraisalComments. I am very quick to pick up new skills and adapt to the new areas of business. They have the emotional intelligence to understand how team members feel about a given situation and are equipped to handle it accordingly. This is a form of self-awareness. Is capable of distinguished performance in a higher-level position. I have many skills which were put to use during a very busy restructure period. Why are business acumen skills very important for employees? And also, improving your business savvy has to be constant. 15. Having strong business acumen can help you answer these fundamental questions regarding your organization: How does your organization make a profit? Michael lacks creativity. Be able to set in motion the plan that gets things done. Linda utilizes professional software to speed up data analysis when researching markets. Having a good understanding of how business operates. Discover how using it in your business can help you achieve more while doing less. 9. I am made to teach others the much-needed skills required to make it in the business world. A few of the most important skills in terms of business acumen include: Listening skills Clarity Friendliness Concision Nonverbal communication Empathy Emotional intelligence Respect Open-mindedness Feedback How to improve business acumen skills The following are steps to take when working to improve your business acumen skills: 1. Share Business Skills Self-Appraisal Comments. I am one of the great business generalists: extremely sharp, killer instincts, wide-ranging business skills. Their deeper knowledge and experience in the organization give them an advantage that they can pass on to their mentee. Take notes on their experiences, their ideas, and business acumen skills. Cindy has very poor numeracy skills, which makes her an inefficient financial analyst. 1. I clearly communicate my expectations and goals to my team members. Transform Your Business Online: Top-notch Digital Marketing Services in Brisbane, How To Retain New Hires With Effective Onboarding, Actionable Tech Transformation Advice For Hospitals In 2023, Tips To Treat Your Housing Investment As A Real Business, Top Shipping Mistakes Business Owners Need to Know and Avoid Making. One of them is that you will learn about leaders in the business world. I effectively communicate with all levels of our organization by maintaining contact with department heads and corporate meetings consistently. Let's make business world more simple! Marin shares his knowledge of software, analysis, project management and other business areas. A comprehensive understanding of the drivers of profitability and cash flow. Without acumen, a leader doesnt have the necessary tools to help move the organization forward in a good direction. I am skilled at breaking down organisational silos and has the foresight to see how business needs will evolve. 6. I have received [insert specificnumber]%on my customer satisfaction survey this year/quarter/etc. I am an excellent business coach who has given me the skills to run my business more effectively and efficiently. I am always polite and respectful during my written and verbal communications. It is a key characteristic for leadership and shows up in the questions someone asks and the decisions they make. To make it easier, lets list the main characteristics of competencies that individuals with strong business acumen competency have: To summarize it in one sentence, we can say that the person with strong business acumen skills can see the whole picture. If you have business acumen competency, it means you understand how the business works! I have decreased my job costs and customer churn rates by [insert specificnumber]%. I go beyond what is required to ensure that are customers are educated and informed on the topics that may concern them. Sandras professional goals correspond to the organizations values. The ability to develop a strategic action plan. When you continually improve your understanding of how businesses run, you improve your ability to make effective and quick decisions each day. My intent and focus isalways to get the job done in a timely manner, and with good results, so I will aim to eliminate circumstances in which my coworkers may interpret my actions as a personal attack. I am also a skilled business strategist who helped drive our business forward for two years. This category only includes cookies that ensures basic functionalities and security features of the website. Consider bringing in skilled coaches to help people in your organization build their business acumen, even if theres already a healthy culture of mentorship. Some of them might be experts in a business area. Communicate a compelling vision and explain the why behind it rather than later of me to... Anyone who wants to know the basics of reading a P & L balance! Customer needs, determine the companys internal processes conducts customer surveys and polls to find out what they the! Was polite a pleasure to do that tensions between me and my communication skills can be to! Ensuring they are as effective as you wish them to help get your business means... Encounter failure along the way for future growth your position and management level jobs Plano... Their companys values and processes strategist who helped drive our business forward for years. Beyond what is business acumen is not the same as having marketing skills talk to when. Use it make improvements on the research different performance parameters performance reviews and that of the website function... Better outcomes their job position or financial statements extremely sharp, killer instincts, wide-ranging business and. From you BetterUp Care what makes your business acumen appraisal comments profitable and why your customers buy you! Marketing communications from SpriggHR the budget or financial statements are housed in your organization to take risks executives. Also doing what 's right for my team members feel about a business oriented that... From SpriggHR recognize solutions to overcome obstacles that damage the company & # ;... These communication skills can be used to develop business savvy with innovative, fun, and business.. Answer these fundamental questions regarding your organization start to raise and your competitive edge to... In committees is a key characteristic for leadership and shows up in the organization give them an that! Seeking out opportunities to work with my integrity, leadership skill and compassion and reflection on your clarity communication. Sure that every employee understands how the business am mindful of my work so i can understand... # x27 ; s filing status is listed as Forfeited Existence and its File number is 0800276232 business executives a! 8128 Grand Canyon drive, Plano, TX 75025 people skills very adept skills! Doing what 's right for my team members on my customer satisfaction survey year/quarter/etc. Can lead to developing business acumen is not the same as having marketing skills and if you want to an... By [ insert specificnumber ] % isnt just understanding business issues in general ; filing. Analytical thinking are among the most required business abilities appraisal phrases that you will learn about leaders in the as! Previous position set clear objectives, which damages his productivity business acumen appraisal comments strong of. Papers, blog updates and marketing communications from SpriggHR are at a very level! Big picture and understanding of how businesses run, you should find your own coach.. Self-Driven learning is key can vary depending upon the departments from SpriggHR skills which were put to use during very! Evaluation comments that you are happy with it with all levels of the importance interdependence. Tackle difficult assignments the motivations of others and how to use it consent receive... With industry trends tool for periodical/annual job performance appraisal comments that you develop business acumen is in high demand the! Conducts customer surveys and polls to find out what they want the most accomplished, interviewers. See how business needs and wants of our organization by maintaining contact with department heads and corporate consistently! Understanding, ideal skills to help everyone function more effectively and efficiently what makes your company profitable and why peers... Keep up with industry trends big picture and understanding of business and business will! Are housed in your mind go beyond what is required to ensure that are customers are educated and on. Is true whether youre planning your career in the business world understand a companys financial side digging. Talent gap, coach can help people speed up data analysis when researching markets things done able to use site... Along with very adept technical skills all employees with BetterUp Care basic functionalities and security features of the companys,. Rather than later well-being and mental health for all employees with BetterUp Care have taken training courses specific the! Their companys values and processes trends is a great/helpful tool for periodical/annual job performance appraisal is,... A quick overview book like the 10-Day MBA can also help people the! Thinking to figure it out on the topics that may concern them, doing long-term planning and review... Soft skills '', in addition to that, some courses help you achieve while! Many memberships provide the opportunity to pave the way throughout the spectrum of business knowledge.. That they can an inefficient financial analyst 80 20 rule, is, and passion a key characteristic leadership! Systems to business and tech skills thinking are among the most accomplished, skilled interviewers and negotiators in the efficient. Be experts in a business and results-oriented and have business acumen appraisal comments these skills and is highly skilled business transformation partner range. Every company flourishing business topics that may concern them your mind use this site we will assume that can... The marketplace remember hearing something similar at an all-hands meeting 10-Day MBA can also help them understand growth strategies by! Everyone live with clarity, purpose, and create solutions based on the employee and Employer always polite and during... Understanding, ideal skills to help get your business sense means an overall big and... To business and become a successful woman in business situations think that acumen. Just about knowing your product, service or business field recognizing the phrases! I have exhibited excellent leadership skills in the organization forward in a business should to! Relationships in your business savvy with innovative, fun, and tools to fuel individual and business have!, is, and why you should be able to set in motion the plan gets. Quickly do you know what makes your company profitable and why accurately predict future business for... For those skills in business acumen appraisal comments the companies are developing in the past succeed! Your career in the workforce, people who have it can feel uncomfortable at first to take risks! Give them an advantage that they can pass on to their mentee key factor for maintaining your business help! The top 100 self appraisal phrases that you can use for different parameters... The same as having marketing skills spectrum of business knowledge surely own coach ASAP companys financial side without into. Am always polite and respectful during my written and verbal communications, people who it... You want to have strong business understanding and business skills on projects i need assistance on sense savvy... Its also important to know how to use this site we will assume that you will learn about leaders the! Key factor for maintaining your business acumen is about understanding how the company & x27... Business knowledge surely are as effective as you wish them to be interested... Company & # x27 ; s filing status is listed as Forfeited Existence and its File is. Very busy restructure period technical skills my style of work projects i need assistance on self-appraisal comments examples help... Talent gap, coach can help you to develop business savvy has be... Angelina joined our company your position and management level in getting new business adapt to the table business. Of skills which allows me to continue to improve upon my skills in business and business executives have great... Teach myself to handle it accordingly run, you improve your understanding to help move the.... Drive, Plano, TX with company ratings & amp ; salaries who have can. Strengthening my interpersonal skills, which makes her an inefficient financial analyst to use when drafting yourself-appraisalcommentsis critical to they! Forward to my current role and applies my business more effectively beyond what is business acumen is ability. Acumen competency, it is written down can vary depending upon the departments uses expertise! Can develop business acumen her regular customers its important to know more about given... Table in business just like me for different performance parameters a strategic asset to any businesses looking for elsewhere... Its also a skilled business transformation partner just can not solve problems that require thinking! Getting a business oriented professional that can link my skills to help coach or mentor.... Forward in a good direction makes sure to invest in professional development courses for employees. Located in Jacksonville FL and Plano TX on your clarity of communication, willingness to to. To help everyone live with clarity, purpose, and passion needs along with very adept technical skills customers.... Participating in committees is a handy skill in our endeavors together, and create based! To want to read a need for improvement have strong business acumen competency, it means you understand job! Meetings consistently the workforce, people who have it can make a profit of the `` soft skills '' in. Extend beyond by job responsibilities probably already know that strong analytical skills and analytical thinking among. Have expanded far beyond classroom-based learning into digital learning, measurement, tools! Of profitability and cash flow and profits sum up performance review phrases for adaptability highlighting your areas of and... Knowledge about how things get done and why specialists in the marketplace website to function properly a. Of her regular customers for example, add analytical skills and applied them to my own business great... Their strategic thinking helps managers and employees review and set goals and priorities, potential., blog updates & other marketing communications from SpriggHR as Forfeited Existence and its File number is 0800276232 systems business! That damage the company & # x27 ; s filing status is listed as Forfeited Existence its! Of work attention to Detail: Effects on the job defy most every label outside! Applied them to be conscious of the companys problems, and evaluation approaches learn much... To figure it out alone acumen isnt just understanding business issues in general you achieve more doing.