From the course: Skills and Competencies for Leading Today's DEI Workforce

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Business acumen

Business acumen

In the previous two chapters, we discussed interpersonal leadership and management skills every leader needs, and now we'll build on that content with business and organizational leadership. And with that said, can you articulate the top three strategic objectives or priorities of your organization? Do you know what keeps your senior executives up at night? Can you make sound business decisions? Pause the video and answer these three questions in the notebook feature on this platform. These three questions get at business acumen, and every successful leader should possess it. Simply put, business acumen is defined as understanding the context in which the company operates and utilizes that information to make solid business decisions and to solve problems. Early in my HR career, I had a game-changing event. I got a call from a colleague at operations asking if I would consider moving over to his division to head up training and development. Quite frankly, I was comfortable working…

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