Building Business Acumen
The missing ingredient to collaboration and effective leadership is Business Acumen. People need to understand the Big Picture.
95% of an organisation’s employees don’t understand it’s business strategy and 90% don’t understand key metrics.
With over 70% of corporates nominating business acumen as a core leadership competency. However most companies don’t offer a Business Acumen solution in their learning and development programs. The Building Business Acumen programs, delivered exclusively by Lighthouse in APAC, are helping some of Australia’s leading companies solve this challenge.
These global brands and over 100,000 leaders worldwide have invested in Building Business Acumen training.
What’s in the program?
The program helps participants understand core financial information such as P&L, balance sheet and cash flow. Then consider company strategy, competitors and share case studies and practical exercises that will enable participants to build practical action plan to complete back in their work environment post program. The Building Business Acumen program also helps participants understand core financial documents through case studies and practical exercises:
Building Business Acumen is about getting to the core of your business challenges and opportunities. We aim to partner you in developing employees who can uncover and create opportunities, prioritise performance metrics, think creatively about solutions, and make faster decisions that drive measurable results for your business.
Over two days, the program introduces core financial documents, metrics and ratios, then steps participants through how to read, understand and relate those to their roles. The program combines interactive case studies and practical exercises to reinforce learning.
Over my 15 years at GE I have enjoyed many training seminars. However, this business acumen course was as good, if not better, than any I’ve had an opportunity to attend.
The Building Business Acumen program has a clear ROI. Some of the key benefits are: