Business Acumen Accelerates Strategy Execution

Business acumen, also referred to as commercial or financial acumen, is defined as an intuitive and applicable understanding of how a company makes money and is critical to effective strategy execution. A study from BTS and the Economist Intelligence Unit titled Skills Mismatch: Business Acumen and Strategy Execution reports that two-thirds of corporate executives believe a lack of business skills or business acumen inhibits their company from meeting strategic priorities.

So how do you ensure that organizations have the business acumen needed to successfully execute strategy and drive long-term success? We know people learn best by doing, so BTS develops business acumen from the C-level to the front line in the most effective way: through business simulations and experiential learning.

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