Business Acumen Skills Training

Business Acumen Skills Training

Introduction

Business acumen refers to the ability to understand and interpret business situations, make informed decisions, and take appropriate action to achieve business goals. It involves a combination of knowledge, skills, and experience in various aspects of business, including finance, marketing, sales, operations, and strategy.

This program is designed to provide the participants with an understanding of how to leverage their skills, knowledge and mindset to create great business results. The participants will have an awareness of the various factors that play a role in an organisation, and how to bring them all together in the daily operations.

Someone with strong business acumen can quickly analyze and interpret financial statements, market trends, and industry data to identify opportunities and make strategic decisions. They are able to anticipate the potential impact of business decisions on the organization's overall performance and are skilled in managing risk and uncertainty.

Effective business acumen also involves the ability to communicate effectively with stakeholders, negotiate deals, build strong relationships with customers and partners, and inspire and motivate teams to achieve results. In today's fast-paced and complex business environment, business acumen is an essential skill for anyone aspiring to lead or succeed in a business role.

This program is an experiential program that uses games and simulations to ensure high energy and retention in participants.

Outcome

The objectives of this program is:

- To provide participants with the tools, skills and understanding of marketing
- To provide participants an understanding of operations, supply chain and manufacturing concerns
- To provide a clear understanding of basic financial acumen
- To develop the skills to guide and direct the workforce

Select to design your own content and request for a customized quotation

No	Topic	Topic Description
1	Mindset For Success	Setting up the framework and expectations of the program. Explain the training methodology and technology.
2	Financial Intelligence	Participants gain a basic understanding of financial intelligence, and how it would relate to them both on a personal and on an organizational scale.
3	Managing Resources and Activities	Participants learn that the behavior is unsustainable when managing resources, especially in an environment where resources and opportunities appear to be scarce. Participants refine their negotiation skills and strategic
4	Understanding Supply Chain and Marketing Integration	Participants to understand the connection between purchasing, R&D, operations, production and marketing in getting a product successfully into the market.
5	Effective Negotiations	Participants learn the strategies and behavior that are critical toward negotiations.
6	Integrating The Lessons	To assimilate the knowledge gained during the training program. Learning how to apply the knowledge.

Expert

Alvin Wee

Alvin Wee began his career as a paint and chemicals specialist in a Japanese multi-national specialist paint company. With his highly supportive people skills and natural flair for organisational management, he has also consulted numerous companies throughout Asia including Malaysia, Singapore, China, Thailand, Indonesia and Philippines, as well as given customised seminars to the industry players since 1998. Having discovered his passion in helping businesses and supporting entrepreneurs, Alvin turned his attention to consulting and training and has since supported the corporate rescue and restructuring of many companies. Most notably, Alvin has trained, consulted and guided several American and European multi-national companies in the chemicals and engineering industry in their restructuring efforts and is credited with bringing them back into profitability in under 2 years.