Basics of Business Acumen (OnDemand)

By purchasing this course, you will also receive a free yearly membership with the American Management Association, which will give you access to their entire on-demand library. The library consists of over 100 high-quality professional lessons, including analytical skills, AI, management and leadership, presentation skills, and much more.

To achieve success in business, you must first develop a comprehensive understanding of business operations, ranging from financial and data analysis to effective project management. Access carefully selected resources that help professionals at every level strengthen their business acumen and drive performance improvements that support organizational goal attainment.

225 Minutes of Content | 8 Comprehensive Lessons | 0.4 CEUs | 4 PMUs

This On-Demand Course Includes the Following Lessons:

• Developing and Presenting Operational Budgets
  • Learn to examine the key elements of a budget and communicate them effectively to keep your business progressing toward its objectives.
• Establishing a Customer-Focused Strategic Direction
  • Gain critical insights to analyze customer expectations, establish appropriate strategic objectives, and craft a mission statement that supports your company's larger vision.
• Accounting Fundamentals and Application
  • Build a solid understanding of core accounting principles and gain confidence in applying them to your professional responsibilities.
• Recording Transactions, Balancing the Books, and Journal Entry Methods
  • Acquire the expertise needed to accurately record debit and credit entries, properly journalize transactions, and maintain balanced books.
• Researching and Presenting Data in the PAC Framework
  • Master effective strategies for collecting data, analyzing findings, and drawing meaningful conclusions to help solve organizational challenges.
• Strategic Data Application Using the DASA Model
  • Apply the Data as a Strategic Asset (DASA) Model to identify business questions and develop data-driven insights and solutions.
• Executing Strategic Initiatives: Building a Sound Strategy Framework
  • Discover strategies for recognizing key stakeholders, gathering their input, managing collected data, and refining your strategy for stronger organizational buy-in.
• Interpreting and Analyzing Financial Statements for Business Health
  • Develop the ability to quickly assess whether a firm maintains financial strength or faces challenges, evaluate profitability metrics, calculate and interpret financial ratios, and identify warning signals of potential financial difficulty.