Business acumen –
I am in "awareness" zone of this competency if:
This means I:
Understand the economic, financial, marketing, human, and organizational challenges of an action or a project.
Master the general economic, financial, and marketing terms and concepts of an organization.
Detect value-generating business opportunities when they arise, to drive corporate success.
Communicate opportunities to the designated authorities within the organization.
Maintain existing business relationships and partnerships.
Consult an internal or external resource to seek help in uncertain situations that exceed your capabilities.
Business acumen –
I am in the « working knowledge" zone of this competency if I have mastered "awarness" zone and:
This means I:
Analyze the organization’s financial statements to draw conclusions and align strategies accordingly.
Analyze performance indicators and metrics to draw conclusions.
Present a project on the basis of a business case and using economic, financial, marketing, and human resources data.
Business acumen –
I am in the "full command" zone of this competency if I have mastered all previous levels and:
This means I:
Develop performance indicators and metrics.
Pinpoint opportunities that may have a positive economic impact for the organization and take steps to seize them.
Create new business relationships and partnerships that may have a positive impact on the organization.
Business acumen –
I am in the "expertise" zone of this competency if I have mastered all previous levels and:
This means I:
Demonstrate innovation in competency development and knowledge transfer methods.
Communicate developments in business acumen (outside of the organization).
Business acumen –
I am in the "leadership" zone of this competency if I have mastered all previous levels and:
This means I:
Develop new models or conceptual frameworks related to business acumen.
Design new tools to develop business acumen.