Business acumen
Business acumen is the ability to understand and apply business knowledge in People Management, by assessing the organizational climate, identifying resources, creating strategies, and making informed decisions to enhance workforce productivity, morale and efficiency while contributing towards the company's economic success.
Level 1: Emerging
At an emerging level, you are beginning to understand the relationship between people management and business success. You are learning to utilise resources, consider cost-benefits, and comprehend market dynamics.
Level 2: Proficient
At a proficient level you are able to demonstrate strong understanding of how business decisions impact people, effectively balancing organizational goals with employee needs in people management.
Level 3: Advanced
At an advanced level, you are able to leverage your deep understanding of business strategies and market trends to make sound decisions that positively impact your team and the organization.