Due to Covid-19 safety restrictions PhoenixTS will temporarily be unable to provide food to our students who attend class at our Training Center; however, our Break Areas are currently open where students will find a constant supply of Coffee, Tea and Water. Students may bring their own lunch and snacks to eat in our breakrooms or at their seat in the classroom or eat out at one of the many nearby restaurants.
Course Overview
Our 2-day, instructor-led, Business Acumen Training course will help participants improve their judgement and decision skills. This training will address:
- Financial literacy
- Business sense
- Managing risk
- Increasing critical thinking
There are no prerequisites for this course.
Schedule
Business Acumen Training
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Course Outline
Seeing the Big Picture
- Short and long term interactions
recognize growth opportunities - Mindfulness of decisions
- Everything is related
- Case study and review questions
KPI’s (Key Performance Indicators)
- Decisiveness
- Flexible
- Strong initiative
- Being intuitive
- Case study and review questions
Risk Management Strategies
- Continuous assessment
- Internal and external factors
- Making adjustments and corrections
- Knowing when to pull the trigger or plug
- Case study and review questions
Recognizing Learning Events
- Develop a sense of always learning
- Evaluate past decisions
- Problems are learning opportunities
- Recognize your blind spots
- Case study and review questions
You Need to Know These Answers and More
- What makes my company money?
- What were sales last year?
- What is our profit margin?
- What were our costs?
- Case study and review questions
Financial Literacy (I)
- Assets
- Financial ratios
- Liabilities
- Equity
- Case study and review questions
Financial Literacy (II)
- Income statement
- Balance sheet
- Cash flow statement
- Read, read, read
- Case study and review questions
Business Acumen in Management
- Talent management
- Change management
- Asset management
- Organizational management
- Case study and review questions
Critical Thinking in Business
- Ask the right questions
- Organize data
- Evaluate the information
- Make the decision
- Case study and review questions
Key Financial Levers
- Investing in people
- Effective communication
- Process improvement
- Goal alignment
- Case study and review questions
Building A Corporate Brand
- Your brand
- Bran names and slogans
- Developing a slogan
- Creating a visual identity
- Types of visual identities
- Energizer: the final piece
Marketing Your Product
- Introduction to marketing
- Consumer and market analysis
- Analyzing the competition and yourself
- Analyzing the distribution channels
- Creating a marketing plan
- Product
- Price
- Making connections
- The final stages: implement, evaluate, review and revise
- Leveraging social media
Selling Your Product
- Building your sales force
- The sales cycle
Business Acumen Training FAQs
This class is ideal for Managers, Supervisors and Team members in any industry.
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Resource
Leadership Development Program
Due to Covid-19 safety restrictions PhoenixTS will temporarily be unable to provide food to our students who attend class at our Training Center; however, our Break Areas are currently open where students will find a constant supply of Coffee, Tea and Water. Students may bring their own lunch and snacks to eat in our breakrooms or at their seat in the classroom or eat out at one of the many nearby restaurants.
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