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Improving Business Acumen

Improving Business Acumen

Apply business and financial acumen skills to improve decision-making and deliver results.

Business Acumen for Leaders

Our Business Acumen for Leaders approach is rooted in the idea of strategic finance: developing leaders' financial literacy to understand and utilize reports and metrics. These critical core competencies enable data-driven decision-making.

Our Business Acumen leadership development program:

Financial Analysis

Develops business and financial acumen to help leaders understand how decisions impact profitability, cash flow, and asset utilization.

Teaches why business acumen is important when reviewing key financial reports and metrics, such as the income statement, balance sheet, and cash flow statement.
Differentiate Between Data and Assumptions

Identifies and considers critical financial questions that leaders make before making strategic decisions and investment choices.
Grow an Organization

Applies the output of investment analysis tools and measures to real-life scenarios, utilizing the business acumen skills developed throughout the simulation.
Shareholder Value

Conveys an understanding of how leadership and financial decisions impact shareholder value.

“Financial results are the outcome of great leadership.”

- Ned Wasniewski

Dealer Management Simulation

Dealership-based leaders must understand financial concepts, the execution of dealer strategies and plans, and the honing of leadership skills that are needed to improve dealership performance.

In the Dealer Management Simulation, leaders learn how to:
  • Improve dealership profitability.
  • Better manage and utilize dealership assets.
  • Increase dealership cash flow.
  • Use key financial metrics to monitor and manage results.
  • Use financial analysis tools to recommend investments for their dealerships.
  • Increase their leadership impact to increase employee engagement.
  • Increase shareholder value for their dealerships.

Sample Program Agenda

Dealer Management Simulation Program

This leadership development program can be delivered over multiple consecutive days or split into smaller, intensive sessions. Whether virtually or in a traditional classroom setting, business acumen is a critical skill. At Insight Experience, programs can be customized to fit your business challenges and learning needs. We pride ourselves on our ability to partner and customize our offerings to meet your learning objectives.

Program Agenda

More Resources to Improve Business Acumen

Icon Business Acumen Shareholder

What Is Business Acumen and Why It's Important for Leaders

Creates an understanding of financial reporting and market dynamics, as well as an ability to apply that knowledge to a role and operating decisions that create financial impact.
Financial Literacy Infographic

Financial Literacy Infographic

An infographic that is quick and easy to understand, all about the basics of the three major financial statements — cash flow statement, income statement, and balance sheet — that are relevant to day-to-day business.
Balanced Leadership

6 Business Acumen Concepts Managers Should Know

Operating managers have a direct impact on both cash flow and profitability. They make day-to-day decisions that can greatly impact both things. Yet, despite expertise in their respective fields, many managers don’t understand the difference between profitability and cash flow or how their decisions impact either one.

Some of our favorite quotes and feedback we've received after a program:

Need a Deeper Understanding of Financial Concepts and Tools?

Find out how our business acumen simulations can give your leaders the financial skills and knowledge necessary to take your company to the next level of success.