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What is Business Acumen?

Truly defining Business Acumen is a difficult task, especially when there’s no real formal and universal definition for it. Yet for success with Leadership and Organisational Management, it is fundamental. Business Acumen as defined for the Business Acumen Gauge (BAG) is made up of eleven critical components, and the BAG diagnoses the capability to both know and demonstrate the key attributes of a role that allow you, your staff or organisational colleagues to succeed in running your business. It’s essential that the people leading business or organisation have the mindset, skills, behaviours and framework to operate efficiently and effectively.

So how do you know what capabilities you might need to work on or are really not so important for your role? This is where we come in.  Helix Planning offer a specialised Business Acumen Gauge that allows you to map, measure, and manage leadership and organisational performance.

  • Helping define the required capabilities most relevant to the role
  • measuring your business leaders against the capability framework
  • improving their business acumen with immediate, tactical and commercial outcomes via training and coaching

The Business Acumen Gauge is a non-emotional benchmark that can be used for staff management, business direction and growth and recruitment. The diagnostic process allows you to identify which of those capabilities are most crucial for your organisation and the specific role in question, and use that agreed matrix to map, measure and improve leadership and employee capability.

What capabilities does the Business Acumen Gauge identify and measure?

The Business Acumen capabilities are based on information drawn from a number of sources, including management research literature, testing and validation with leaders in multiple organisations.

  • Mindset
  • Foresight
  • Broad Scanning
  • Strategic Alignment
  • Collaborative
  • Resource Management
  • Systems & Process
  • Decision Making
  • Talent Development
  • Duty of Care

Contact Helix Planning to find out how you can access Business Acumen Gauge for your business

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