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Capability Library


Business acumen

Business acumen

Related Terms:

Business acumen is a comprehensive understanding of how a business operates and the ability to make informed decisions to drive business success.

Beginner competence definition

At the beginner level, individuals understand the basic concepts of business and are able to apply this knowledge in day-to-day decision making.

Intermediate competence definition

Intermediate individuals are developing the ability to analyze complex business problems and make data-driven decisions to drive positive outcomes for the organization.

Advanced competence definition

Advanced-level individuals demonstrate a deep understanding of the organization’s industry and market, and are able to anticipate and respond to changes in the business environment to drive sustainable business success.


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