Books Business Acumen How to Think Like a CEO and Act Like a Leader: Practical Insights for Performance and Results! BookSurge Publishing 2008 Michael Andrew In How To Think Like A CEO and Act Like A Leader: Practical Insights for Performance & Results! author and businessman Michael Andrew dissects key strategies of successful leadership in the CEO arena. Using practical examples of day-to-day interpersonal and leadership behaviors, he provides insights that apply to anyone who wants to be more effective in dealing with people. With astonishing clarity, each chapter builds off of each other to address specific, relevant leadership insights. With a broad scope and clear language, the author introduces clues on interpersonal skills and how to surround one's self with smart people, all the while magnifying the manner and performance skills that distinguish successful business leaders. Going beyond the acumen of business, these pages are filled with commonsense knowledge and introduce the importance of strategy execution, which will always make the difference in becoming an effective leader who gets results. Seven Steps to Mastering Business Analysis Ross Publishing 2008 Barbara Carkanord This book provides a how to approach to mastering business analysis work. It will help build the skill sets of new analysts and all those currently doing analysis work, from project managers to project team members such as system analysts, product managers and business development professionals, to the experienced business analyst. What the CEO Wants You to Know: How Your Company Really Works Crown Business 2001 Ram Charan From running a multi-billion dollar business to selling fruit on the street, the CEO and the vendor share the same street-smart instincts or "business acumen" that are the essential skills to running a business. A CEO wants his or her people to understand business basics, from cash flow, to ROI, to sniffing out new opportunities and eventually becoming more involved in the decision-making that leads to bigger profits. The more you get what the CEO wants you to know, the faster your company will grow! © Development Dimensions International, Inc., MMVII. All rights reserved. 1 Books Business Acumen Articles: Building Better Business Acumen Chief Learning Officer Ted E. Prince Aug2010, Vol. 9 Issue 8, p40-43 This article discusses the importance of business acumen in developing leadership qualities and how chief learning officers can help a company's staff develop better business acumen. The article notes that business acumen is the capability of bringing about positive business outcomes. The article describes the desired outcomes of a business acumen program and presents approaches to its development. Do Your People Get It? Human Resources Magazine Susan Ockwell Dec2009/Jan2010, Vol. 14 Issue 5, p28-29 The article discusses the importance of business acumen (BQ) to the organizational process. BQ means the understanding of the impact of one's daily action and decisions on the success of the organization. Human resource (HR) professionals can develop BQ in their employees by providing focuses training, creating an open session where the chief executive officer (CEO) or the chief financial officer (CFO) can discuss the results of an annual report, and developing a BQ education program where different aspects of the organization will be addressed. Finance as a Business Partner: the Importance of Business Acumen Training for Managers and Employees Accountancy Ireland Rory Coll and Raymond Green Dec2008, Vol. 40 Issue 6, p58-61 © Development Dimensions International, Inc., MMVII. All rights reserved. 2 Books Business Acumen The article discusses the importance of business acumen training for managers and employees. As managers and employees have a narrow focus limited to their own departments and functions resulting for not always aligned with broader business objectives, many companies around the world are implementing training in financial literacy and business acumen to help address the problem. Know Your Business People Management Stephanie Bird May2011, p7 The article discusses characteristics that contribute to being effective in a company's human resources (HR) department and to proving an individual would make a good non-executive director. A survey shows that firms looking to recruit non-executives prefer those who have robust personalities with a strong business acumen. The ability of being able to work at the intersection of organizational, business and contextual areas is described as a vital part of developing an insight-led profession in HR. Leadership Potential Leadership Excellence Ram Charan Sep2008, Vol. 25 Issue 9, p18 The article discusses how leaders can recognize leadership potential. One way to think about the talent of a leader is to think of the people acumen and the business acumen. On people acumen, leadership is predicated on the ability of the person to mobilize others to accomplish a task. Also, a person is said to have a business acumen if he understands how the business makes money by managing the profit and loss (P&L), and balance sheet. To spot a leader, look for actions, decisions, and behaviors that reveal their potential as leaders. Leveraging Business Acumen for Utility Success Management Quarterly Fred Jennings Fall2009, Vol. 50 Issue 3, p2-11 The article discusses how utilities can instill business acumen, or the ability to make smart business judgments, and implement a long-term capital optimization program. It describes the integration of business acumen into the process for evaluating and deploying capital © Development Dimensions International, Inc., MMVII. All rights reserved. 3 Books Business Acumen investment and explains the capital optimization process. The limitations of the various prioritization schemes and asset management techniques usually applied by utilities are also highlighted. Strength in Recession Leadership Excellence Ted E. Prince Apr2009, Vol. 26 Issue 4, p8-9 The article discusses the link between leadership cycle and economic cycle. Leadership behaviors impact the economic cycle. The two basic approaches in leadership are interpersonal skills approach and business acumen approach. The leadership cycle refers to the interplay between these approaches and to the economic impact of one approach or the other assuming primacy at different phases of economic cycle. The four phases of the economic cycle are booms, busts, corrections, and recoveries. What's Not to Love? Newsweek Barton Biggs 4/26/2010, Vol. 155 Issue 17, p8 The author opines on European business acumen and the emergence of Europe from the global financial crisis. The author indicates that Europe's top companies have been more profitable than those in Japan and the U.S. during the last 10 years. The author presents economic forecasting data for the U.S., Germany, and Europe. Charan, R. (2001). What the CEO wants you to know: How your company really works. New York: Crown Business. Collins, J.C. (2001). Good to great: Why some companies make the leap...and others don’t. New York: HarperCollins. Collins, J.C., & Porras, J.I. (1994). Built to last: Successful habits of visionary companies. New York: HarperCollins. Gill, J.O., & Chatton, M. (2001). Financial analysis: The next step. (Rev. ed.). Menlo Park, CA: Crisp Publications. Harvard business essentials guide to finance for managers. (2002). Boston: Harvard Business School Press. Heerkens, G. (2006). The business-savvy project manager: Indispensable knowledge and skills for success. New York: McGraw-Hill. © Development Dimensions International, Inc., MMVII. All rights reserved. 4 Books Business Acumen Herrmann, K.R. (2001). Visualizing your business: Let graphics tell the story. New York: John Wiley & Sons. Jablonsky, S.F., & Barsky, N.P. (2001). The manager’s guide to financial statement analysis. New York: John Wiley & Sons. Kremer, C., Rizzuto, R., & Case, J. (2000). Managing by the numbers: A commonsense guide to understanding and using your company’s financials. Cambridge, MA: Perseus. Norton, G.M. (2002). Valuation: Maximizing corporate value. New York: John Wiley & Sons. Slywotzky, A.J. (2002). The art of profitability. New York: Warner Business. Vance, D.E. (2002). Financial analysis and decision making: Tools and techniques to solve financial problems and make effective business decisions. New York: McGraw-Hill. © Development Dimensions International, Inc., MMVII. 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