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Why is business acumen important?

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تم إضافة السؤال من قبل Abdel Fattah Ibrahim , CDT Director , Colgate Palmolive
تاريخ النشر: 2014/04/08
Tahir Saeed
من قبل Tahir Saeed , Manager Quality , Baja Food Industries Company, Riyadh.

The professionals who are directly linked with business transactions, at least should have good business acumen. This will be helping them in their business decisions greatly

Abdel Fattah Ibrahim
من قبل Abdel Fattah Ibrahim , CDT Director , Colgate Palmolive

Very simply, business acumen is the understanding of what it takes for a business to make money

 

When business acumen spreads throughout an organization, people ask the right questions. These questions aren't only directed at the organization, but also at themselves and their department...questions about processes, products, systems, and talent that can lead to innovative decisions and actions.

 

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