How to Sharpen Business Acumen
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Executives should consistently work to enhance their business acumen by analyzing market trends, understanding how trends impact consumers and their own company, and determining what needs to be done to accomplish goals. They must ask questions about current global trends, how trends affect customers and the business, and what actions are required to achieve objectives. Regularly sharpening business acumen helps executives remain leaders in their field.
How to Sharpen Business Acumen
- 1. How to Sharpen Business Acumen
- 2. How to Sharpen Business Acumen Active in the financial industry, Roger E. Bendelac currently serves as director of OpenCap Brazil, Inc., and as executive director of Geo Global Capital Corporation. Roger E. Bendelac also founded his own NewYork City firm, where he maintains responsibilities as managing member.
- 3. How to Sharpen Business Acumen Executives should consistently work to enhance their business acumen if they desire to reach or remain at the forefront of their particular field.To sharpen their business acumen, executives must analyze their market and ask a series of questions. First, What is happening right now in the world? Some trends bloom and fade quickly. Others, such as the Internet's ability to bridge the oceans that separate major markets around the globe, are here to stay.
- 4. How to Sharpen Business Acumen The second and third questions are: what do these trends mean for the consumers who depend on our industry, and what do they mean for us and our company? In other words, executives should look at how consumers might want to take advantage of trends and figure out how to package them appealingly.
- 5. How to Sharpen Business Acumen Finally, What needs to happen to accomplish our goals?The runaway success of the iPod, the world's most popular portable MP3 player, was not solely owed its quality as a standalone product. It was largely thanks to the iTunes music store, an attractive, easy-to-use storefront that synced with the iPod device.