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Business Acumen Skills

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Training by  ITRAININGEXPERT.com
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On-Site / Training

Details

As you grow as a leader, you want to make better business decision - strategically and financially for your organization. That’s 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. You’ll also polish your financial literacy and leadership skills and become more business savvy and make better business.

Outline

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 Drucker’s 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
  • Porter’s 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

Speaker/s

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 [email protected] or call +603 8074 9056 | Mobile +6016 662 0448

Special Offer

Normal fee Sign up 1 pax: Pay before course starts MYR 2,890/ USD 800

Early Bird Sign up 1 person: Pay 14 days before course starts MYR 2,290/ USD 640

Group Fee Sign up 3 pax or more: Pay 14 days before course starts / MYR 2,190/ USD 610

(Fee inclusive of 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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ITRAININGEXPERT GLOBAL PLT is the corporate training arm of The English Expert Publishing and Training Group established since 1999 by consulting partners with extensive training experience from both the government and corporate sector covering Malaysia, Singapore, Australia, China, Vietnam and Indonesia.

All our trainers are experienced practitioners, professionally certified, dedicated and specialized in their respective fields. Our corporate philosophy is of Total Customers Satisfaction. We carry out our task with integrity and full commitment. We continue to keep abreast with industry developments through individual and ongoing continuing education, in-depth training and consulting that your organization demands and deserves.

For 18 years now and counting, we have trained more than 100,000 people to improving their work productivity, leadership & communication skills, language proficiency, sales, negotiation & presentation skills, workplace management and personal development.

What do we SPECIALISE in?

Put it in an easy way, we specialize in Training and Human Development training and consultancy services covering both soft skills and technical skills, a wide range of courses pertinent to the human capital development of high performing organization. ...

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