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.

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