commercial acumen
Commercial acumen isn’t just about the numbers… Commercial acumen is about good decision-making.
Understanding the numbers is an important part of it, but so is:
being able to make sense of market information.
having a clear understanding of how the business differentiates itself and creates value.
taking a multi-stakeholder perspective and finding solutions that meet the needs of all.
and allocating scarce resources, like time and money, to the right priorities.
What does the quality of decision-making look like in your organisation? Does it lead to the desired outcomes? Could it be improved?