Course Directory > Strategic Management

Business Acumen

Overview

This two day program focuses on the skills and knowledge required to exercise initiative and influence others in a business environment and make informed decisions in accordance with organisational requirements. This program teaches individuals to improve organisational performance and leverage competitive advantage.

Designed For

Managers seeking to deliver enhanced competitive advantage to their organisation through informed decision making.

Content

• Identifying a new business opportunity – viewing economic, legal, people and environment factors
  
• Using thinking techniques to generate fresh business ideas and opportunities
  
• The planning process and basic estimates from budgets to human resources are developed
  
• Commercial viability and sustainability are assessed
  
• Negotiations, both internal and external are conducted to advance the business concept
  
• Potential partners, alliances and advisors are explored for potential participation within the new concept
  

Learning Outcomes

• Assess personal entrepreneurial attitudes and behaviours
  
• Identify sources and stimuli for fresh business opportunities
  
• Enhance profits through the exploration of concepts and ideas for advancement of the organisation and its business units
  
• Refocus the business activities to achieve more profitable outcomes
  
• Utilise thinking techniques to enhance business operations to ensure that additional competitiveness is leveraged
  
• Make informed decisions using financial and legal analysis
  
• Assess the feasibility and risks of business concepts

Related Information

• Student Information
• Terms and Conditions of Enrolment
• Policies and Forms