In a span of a couple of days I have heard the term “acumen” used in comparison with the term “skills” numerous times. The first instance was during a recent NFL football game when one of the announcers declared that Tom Brady's does not have the skills he once had, but his “football acumen” remains intact and that is what is keeping the Patriots in the game. The second instance was in the context of business leadership. I was speaking with the leader of a business who was talking about how they missed their quarterly revenue target because their manufacturing team wasn’t able to produce and deliver all of the units the sales team had sold and this really impacted the business. “Our Manufacturing team can compete with anyone in the world. They have the skills, but they don’t have the leadership and business acumen to align, motivate, and coach to winning performance. It’s the difference between being good, and being great.”
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Part 4 of 4 on Understanding the 2016 Business Headwinds and Tailwinds
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Five Things to Think about from a Business Acumen Perspective: Part 3 of 4 Covering Understanding the 2016 Business Headwinds and Tailwinds
In part 1 of my 4 part series on what will cause business headwinds and tailwinds during 2016 and what they mean to you from the Global Business Acumen perspective, I discussed, The Age of Emerging Market Urbanization. In part 2, I discussed one of biggest challenges on almost every CEO’s list, the effects of accelerating change of technology in the business world.
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A Global Business Acumen Perspective and Insight – Part 1 of 4
Now that we are more than half way through the first month of the New Year and have settled back into our “normal” routines, this blog post will share that there are no more normal routines.
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