Business Acumen

It is the ability to understand how parts in your organization relate to each other
and work together to produce the expected results.

It’s critical competency for global leaders

Business Acumen is an understanding of how your decisions and actions impact key performance measures and objectives at the unit as well as corporate level in your company. Business acumen is certainly more than financial literacy.

In many organizations people tend to think and work in terms of silos, rather than the organization as a whole. Such a tendency is unfortunately becoming the heart of the problem of enhancing the company’s overall performance. Deming had suggested any function is obliged to contribute its best to the company, not to maximize its own production, profit, or sales, nor any other competitive measure.

Stated thus leaders at all levels in your organization need to understand how their decisions, actions, and behavior individually as well as collectively affect the overall company’s performance. Some business management gurus even suggest that this acumen is an obvious criterion for selecting a leader.

Leadership is perennial and developing effective leadership in your organization remains paramount. However you may have realized that most of the approaches used in developing effective leaders have been missing a connection with financial measures.

The approaches have failed to build strategic behaviors that link with financial and valuation outcomes. Too many of them focus solely on the “soft issues” without making enough connection with financial responsibilities.

To be effective, leadership requires both people skills and business acumen. Thus developing effective leadership in your organization requires developing business acumen in the equation.

Leadership is perennial and developing effective leadership in your organization remains paramount. However you may have realized that most of the approaches used in developing effective leaders have been missing a connection with financial measures.

The approaches have failed to build strategic behaviors that link with financial and valuation outcomes. Too many of them focus solely on the “soft issues” without making enough connection with financial responsibilities.

To be effective, leadership requires both people skills and business acumen. Thus developing effective leadership in your organization requires developing business acumen in the equation.

It’s Engaging

Many studies have revealed how important and powerful employee engagement is for an organization. The engagement drives growth and profitability.

People need engagement; to engage and to be engaged.

When you understand how your job relates and works together with others to cause your organization’s achievements, you will feel being on the inside. You will feel part of something bigger and give a meaningful contribution for a greater good. You are engaged.

Business acumen will significantly help people feel engaged in your organization. And when people are in such a state, caring and going the extra mile are realistically natural.

Developing business acumen in your organization helps you build your people engagement.

Developing Business Acumen

Business acumen is certainly different from financial literacy. An individual with business acumen certainly has some level of good financial knowledge and understanding. Meanwhile someone who is financially literate may have no business acumen.

Developing your business acumen requires more than it takes to develop your financial literacy.

Many of the so called ‘training business acumen’ programs in the market are actually financial literacy training programs. The programs give you an overview of financial and business is added in some cases. Such programs are good but certainly not enough for developing your business acumen.

Business acumen programs should be designed to give you experiential situations which can exhibit your behavior intellectually, emotionally, physically as well as spiritually under various different financial and business conditions.

Developing Business Acumen

Business acumen is certainly different from financial literacy. An individual with business acumen certainly has some level of good financial knowledge and understanding. Meanwhile someone who is financially literate may have no business acumen.

Developing your business acumen requires more than it takes to develop your financial literacy.

Many of the so called ‘training business acumen’ programs in the market are actually financial literacy training programs. The programs give you an overview of financial and business is added in some cases. Such programs are good but certainly not enough for developing your business acumen.

Business acumen programs should be designed to give you experiential situations which can exhibit your behavior intellectually, emotionally, physically as well as spiritually under various different financial and business conditions.

Development Through
Business Simulation

Clarity frees people to do the right thing

A NuPMK & Celemi business simulation leads to those “Aha!” moments: the initiative understanding of business processes or principles. Lack of true understanding is often why people can’t perform to their real capacity. After a Celemi session, they will have the knowledge and confidence to act in ways — discovering cost savings, improving process efficiencies or coordinating day-to-day actions more effectively — that add value to your business.

Clearly Ingenious

At the heart of every NuPMK & Celemi solution is our methodology; The Power of Learning. It incorporates relevant hands on activities in the appropriate business context, so people clearly understand the actions they are supposed to take and the reasons for doing so.

Why does The Power of Learning work? Every Celemi learning program incorporates five key elements needed to ensure lasting knowledge and make change happen:

Dialogue – Invite people to be a part of the process, simply by starting a dialogue. We help create discussion around your vision or goals to promote understanding and generate support.

Clearly Ingenious

At the heart of every NuPMK & Celemi solution is our methodology; The Power of Learning. It incorporates relevant hands on activities in the appropriate business context, so people clearly understand the actions they are supposed to take and the reasons for doing so.

Why does The Power of Learning work? Every Celemi learning program incorporates five key elements needed to ensure lasting knowledge and make change happen:

Dialogue – Invite people to be a part of the process, simply by starting a dialogue. We help create discussion around your vision or goals to promote understanding and generate support.

WE HAVE A SIMPLE MISSION

To produce the highest quality work for every client, on every project