Paradigm Learning Business Acumen Files: Case 001--Samantha

Posted by Paradigm Learning on April 02, 2015

Now that you've arrived, we want to share a little story about Samantha.

Samantha is a junior financial analyst for a leading provider of risk management, insurance, and human resource outsourcing services. With her team, she supports a key business unit, providing analysis, information, and data support to management. She is proficient with all financial and accounting processes, programs, and analysis procedures.

Lately, she has heard rumors about major changes in the organization. She doesn't know how this might impact the work she does, or the information she provides at the unit level. She would like to be considered for promotion in the near future, and thinks she will need to be much more knowledgeable about business strategy to interact with key leaders in the organization.

How many Samantha’s do you have in your organization? Samantha’s want to do well, but don’t know what they don’t know.

We should definitely help her. Business acumen is a missing skill that could benefit Samantha.

Defined, business acumen is an in-depth understanding of how a business works, how it makes money, and how strategies and decisions impact financial, operational, and sales results.

Business acumen training can help Samantha by:

1.Aligning personal and department goals with the organization’s financial objectives and strategies. Samantha needs to understand the big-picture in order to make the best decisions. With this holistic view, Samantha will be able to get that promotion, while influencing the top-line revenue and bottom-line profitability of the organization.

2.Applying her understanding of the organization’s strategies and financial objectives to engage her team in the business of the business. If Samantha can’t understand why she should align to the company’s strategies, there is no way she’ll be able to lead her employees to do so. Now Samantha and her team can influence the business across organizational boundaries.

3.Opening up her opportunities to take action to become an effective, resilient, and trusted leader. Samantha has appreciation for the tough decisions senior leadership has to make. She can now think like an owner, using critical thinking to analyze complex data, solve problems, and make important decisions.

Are you ready to save the Samantha’s in your organization? Tell us your story of a Samantha below.

Topics: Business Simulations, Leadership Development, Zodiak®: The Game of Business Finance and Strategy, Business Acumen, Human Resources