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‘Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1.’ That’s business magnate Warren Buffett talking. He…
July 15, 2021 | 1 min read
Thrive Skills are an essential set of cognitive, social and behavioral skills to enable our learners to continuously succeed, at every stage of their career.
The meaning of Commercial Acumen is having the ability to manage finances and resources in a way that drives value. Running a business, building a career and making it in the world of work requires a strong Commercial Acumen.
In a professional’s career, there are times when they need to tackle problems head-on. This is when they need commercial acumen skills to make or break it. Problem-solving is the biggest advantage of building Commercial Acumen. It also guarantees long-term success because it equips professionals with the ability to be confident, speak their minds and connect with others.
Some examples of Commercial Acumen are public speaking skills that engage audiences, building connections in a professional environment, being business savvy to achieve business goals, looking at the big-picture while developing growth strategies and making robust financial decisions.
One can develop Commercial Acumen by keeping up with trends, building a professional network, understanding technology, enhancing technical know-how and collaborating with others.
Harappa programs that focus on Commercial Acumen as a Thrive Skill are the High Performing Leaders Program and Impactful Sales Program.
Other Thrive Skills under COLLABORATE are Being Dependable, Win-Win Negotiation, Creating Alignment, Decoding Ambiguity and Embracing Feedback.