US and UK employees are costing businesses $37 billion every year because they do not fully understand their jobs, according to a recent IDC white paper. Furthermore, the study shows that employee misunderstanding is defined as actions taken by employees who have misinterpreted company policies, business processes, job functions, or a combination of the three.
Business Acumen a critical competency needed at all levels of the company. From individual contributors and front line managers, to managers of managers and directors, having a strong set of Business Acumen skills give employees the business confidence to;
With Business Acumen such an important competency, our clients have been asking us to provide a broader definition of Business Acumen so that they can have a better understanding of the bigger picture and what business acumen talent development programs they should be developing throughout their company. With this in mind, we are really excited to share with you a white paper that provides a deep definition of the topic and also provides you with three primary characteristics that comprise the overall competency.
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