Business acumen is the ability to understand and apply business principles to make sound decisions. It is a critical skill for anyone who wants to be successful in the business world, regardless of their role or industry.
While some people may have a natural aptitude for business, business acumen is ultimately a learned skill. It can be learned through education, experience, and proper training. There are many different ways to develop your business acumen.
4 Tips to Improve your Business Acumen skills
Take Business Courses
There are many online and in-person business courses available that can teach you the fundamentals of business finance, accounting, marketing, and management.
Read About Business
There are many great books and articles available that can help you learn about different aspects of business. Click to check 2022’s Best Books on Compensation & Benefits.
Expand Your Business Network
Attend industry events and connect with people on LinkedIn. Talking to other business professionals can give you valuable insights and help you learn from their experiences. Click to browse HR & compensation events happening soon in the MENA region.
Get Involved in Business Projects
Volunteer to work on business projects at work or in your community. This will give you hands-on experience and help you develop your business skills.
In a Nutshell
While some people may have a natural aptitude for business, business acumen is ultimately a learned skill. Your journey to business acumen starts with Morgan International! In collaboration with WorldatWork MENA, we offer a variety of workshops for compensation and benefits professionals that provide you with the needed knowledge, skills, and training to design, manage, and deliver global rewards programs that align with organizational goals and attract, motivate, and retain top talent. Learn more about the GRP workshops at this link.
Looking to grow your
Business Acumen skills?
We’ve got you! Enroll in our Business Acumen Workshop now!