Business Acumen Skills PDF

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The key takeaways from the training are to improve business acumen and decision making skills through understanding financial concepts and developing strategic plans. Case studies and exercises will be used to enhance understanding.

The training will cover topics such as organizational structures, business strategies, financial metrics, performance management, and developing balanced scorecards.

The training methodology will combine expert input, case studies, self-assessment, simulation, group discussions and sharing. There will also be theatrical improvisation exercises.

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Business Acumen Skills

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Date
10/11/2016 11/11/2016

Time Country
Venue
9AM Malaysia ARMADA PJ
5PM
9AM 11/1/2017 - 12/1/2017
Malaysia Armada PJ
5PM
10/10/2017 9AM Malaysia Armada PJ
11/10/2017
5PM

Overview

As you grow as a leader, you want to make better business decision - strategically and financially for your organization. Thats
why business acumen, an intuitive sense of how business work to create profit is indispensable.
This Business Acumen training course will improve your understanding of how operations, finance, marketing, and other
functions must work together to create and execute a successful business strategy. Youll also polish your financial literacy
and leadership skills and become more business savvy and make better business.

Learning Outcomes

Gain a realistic picture of your companys position, market, and potential


Examine the external environment and understand how customer and business changes
affect your companys ability to succeed
Analyze where your business stands in relation to your key competitors and what the
future will look like
Measure the performance of your business using standards that are highly correlated
with value creation
Integrate your competitive analysis and financial metrics to improve your business
decision making
Create an actionable business strategy, get stakeholder buy-in, and develop a complete

strategy implementation map


Improve your business skills by learning the right financial terminology

Who Must Attend

Functional managers who have new or existing responsibilities to help support other departments and the organization as a
whole.

Course Details

Module 1: Understanding Organization Structure

Different types of organizational structures and their purpose


Organizational depth versus span
Establishing controls across the span and depth of organizations
Module 2 : Business Terminology and Language

Understanding Significant Business and Management Terms


The evolving new age terms
Important Financial Terms That You should know
Speaking and Writing the Business Language

Module 3: Decision Making and Problem Solving


Learning from successful business decision making models
Peter Druckers 5 elements of effective decision making
Preemptive thinking going beyond the Creative and Critical problem solving and
decision making
Module 4: The 5 Essential Elements of Business Acumen

Cash and Cash flow


Growth
Margin
Velocity
Customer and the Supply Chain
How Each Person Impacts The 5 Elements

Module 5: Understanding Strategy

A review of some best business strategies & strategies of the oldest companies
Porters 5 forces
The elements of strategic planning for the Media Industry
Implementing and managing strategies
An assessment of failed strategies

Module 6: Internal and External Environment Analysis


Working with PESTLE
SWOT analysis of your function and business
SWOT projects and updating SWOT

Supply Chain - analyzing its synergy


Seamless Operations
Module 7: Performance for Profits

Balanced Scorecard
Critical Success Factors
Developing, actioning and updating the Balanced Scorecard
Performance Management and Key Performance Indicators (KPI)
Establishing and weighting performance indicators
Cascading organizational performance to operational performance
Measuring and monitoring KPIs

Module 8: Actualizing Business Acumen

How does your business operate


What are the essential elements of your business
How does your company make money
How does your work affect the bottom line

Methodology

This workshops methodology is a combination of expert input, Theatrical Improvisation (new)


case studies, self-assessment, simulation, group discussions and sharing.

Course Leader

DR BARRAK ADAMS
Phd, Author-Trainer-Business & Technical Consultant, Trade Negotiator, Change Agent

Barrak specialises in training leaders world class negotiations around the Globe. He has been
actively developing customised trainings and conducted them in Malaysia, Thailand,
Indonesia, Philippines, the UAE, Sudan, Mauritania and Turkmenistan.

Senior Negotiator, Lead trainer, he has a clear and comprehensive understanding of what
competencies are to be developed to be a successful negotiation. His abundant knowledge
and experience addresses every situation in our fast pace business world and everyone is
guaranteed to take home valuable learnings useful for their next deal.

Barrak comes to you with more than 40 years of enriched, result-oriented experience in many
positions among SMEs, government agencies, multinational and businesses.

Equipped with solid experience and a wide range of state-of-art resources and latest
development, his training programs are geared towards competency development.

With only the minimum amount of necessary theory (he says the participants can read his
notes later) his training/ speaking sessions are filled with mindset, behavioural and capability
change activities. There is always excitement, A-Hah moments in every session at his
programs.

Barrak had worked with the Audio-Visual, Automotive, Printing, Property Development,
Construction, Timber and Food industries, in capacities ranging from Group Engineer,

Manager, Plant Manager, Senior Negotiator, Project Director and Managing Director.

Being a Management Consultant, Management System Auditor, Trainer and Counselor, he


had consulted for an even wider range of industries that includes Medical services, Financial
institutions, Petroleum industries, Metal, Plastics, Cellulose and Electronic components
manufacturers, and the Civil service around the world.
He graduated in Engineering from the Singapore Polytechnic in 1973 and continued with post
graduate and continuing studies in Engineering, Social Science, Rubber and Plastics
Technology, Training and Development, Radiation Protection, and Quality Management, with a
PhD in Organizational Management from Iowa State (US).

Since 2004, he has since been training and consulting for organizations such as PETRONAS,
the National Electricity Board, the National Bank, various government ministries and agencies
including Parliament House, and large corporations, further to training in Mauritania,
Turkmenistan, Abu Dhabi, Sudan, Philippines, Thailand, Indonesia and Australia.

Currently, he is a senior resource faculty member for iTrainingExpert.com, continuously design


and conduct customised trainings and consultancy for multi-national companies around the
world.

To contact Barrak, please feel free to email us at info@itrainingexpert.com or call +603 8074
9056 | Mobile +6016 662 0448

Testimonies

Good And Very Insightful Contents. Plenty Of Case Studies And Practical Exercises Which
Help Enhance Understanding. Overall, A Very Good Course Conducted And Presented By Dr
Barrak

Very useful and stimulates our negotiation skills, explores our weaknesses and strengths in
dealing with others."

I believe that every PETRONAS staff should attend this course to at least have a basic
understanding of how negotiation is conducted correctly because the truth is whether we
realize or not, working in a multinational company we practice negotiation on a day to day
basis

Insightful and impactful learning experience, well-complemented with practical real-life


examples and thrilling and engaging case studies

Investment

Normal fee
Sign up 1 pax
Pay before course starts
MYR 2,780.00
USD 650.00
Early Bird
Sign up 1 pax
Pay 14 days before course starts

MYR 2,180.00
USD 500.00
Group Fee
Sign up 3 pax or more
Pay 14 days before course starts
MYR 2,080.00
USD 480.00

(Fee inclusive of GST, Buffet Lunch, Refreshment, Welcome Pack, Training Materials Certificate of Achievement)

Certificate
Upon successful completion of this program, you will receive a Certificate of Achievement.
Certificates are distributed on the final day of the program.

Payment mode:
1. ONLINE PAYMENT by Credit card: You can opt to register and pay online with our latest
payment integration system through our website.
2. BANK IN CHEQUE
Bank in and then scan the Bank-in slip and email to us before the course commence to confirm
your seat.
Courier your cheque payment to our Finance HQ.
*Note that we DO NOT take any payments during the event.
3. BANK IN CASH:You can also pay by cash through bank-in our company bank account.
4. Telegraphic Transfer- You can also opt to use GIRO or telegraphic transfer of payment via
international banks.

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