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Defining Business Acumen

August 1, 2019

When we train individuals and organizations, business acumen is a skillset that company leadership wants their employees to have. What is business acumen? Business acumen is having a strong understanding of the business so that you can provide the best solution for effectiveness – and therefore profitability – of the business. It is the human resources that determine the effectiveness of all other resources in the organization. We are in charge of the people, and the people are what make our companies successful or not. It all starts with us. HR professionals must:

  • Become more knowledgeable about the business. 
  • Understand how the business works, financially and operationally. 
  • Continue to innovate to keep our companies competitive.

Learn more about business acumen through reading Jennifer´s book, earning you 3 SHRM credits. The book, Developing Business Acumen, can be found by following this link. Start sharpening your business acumen today!