Business Acumen The phrase business acumen refers to depth of understanding that leads to fast and positive results in a business setting. When people refer to the need to improve business acumen, they are commenting on organisational, financial and managerial concepts. The world of modern business demands employees across every industry to make quick and efficient decisions in order to maintain competitiveness. Improving your business acumen will do this by keeping your skills sharp and up-to-date. In an increasingly digital and automated world, proper executive level decision-making has become more important than ever. Financial literacy is one of the most important elements of business acumen. This involves a thorough understanding of financial concepts like accounting and fundamental analysis. Financial literacy improves your ability to understand these concepts and this helps boost your business acumen substantially. Financial literacy—and lack thereof—has become an increasing concern in business, government and education. In fact, recent polls indicate that most members of the U.K. do not actively seek out improvement in this area. This means that those who do improve their financial literacy will have a significant edge in business. When it comes to developing your business acumen, the key is to seek out the right training resources. It’s important to build a solid foundation based on fundamental business concepts and test your knowledge using real case studies. This is the generally accepted method of most top-level business schools and one of the most effective ways to rapidly enhance your business skills. Keep in mind that the benefits of proper business training can translate into improvements in many facets of your life. Colour Accounting™ is our financial literacy course. Click here to secure your place: [traininglist slug=”colour-accounting-normal”]  ]]>