Kenneth Sandevi’s Post

Happy to complete course on Foundations of Business Strategy

Exited to share that I have just completed “Business Strategy from Wharton: Competitive Advantage”! The insights and knowledge gained are truly amazing and recommend that everyone should complete this course. #WhartonExecEd #StrategicThinking #LifelongLearning #BusinessStrategy #RE

Completing this course in Business Strategy often leaves me feeling empowered and insightful. I've gained a deeper understanding of how businesses operate and grow within competitive environments. I might feel excited and confident about applying strategic frameworks and analysis to real-world scenarios, and eager to implement new strategies that can drive success and innovation in your professional role or future endeavors. Additionally, there may be a sense of accomplishment for having expanded my knowledge and skills, which can be greatly rewarding.

This 57-second video will teach you more about business than an MBA.

The B.I.G Business/Organizational Performance Question❗️ No matter how much you love your business or organization; no matter how much of a ‘hands-on’ business owner/manager you are; and no matter how unreliable your team may be, your lovely business WILL have occasions when you wount be there to make the operational decisions for, maybe, a day, an hour, a week, or a month❗️ What will that cost you❓❗️ In those moments of your absence when the business MUST operate under conditions of heightened RiSKS, do you think you have in place the critical systems and processes that your business needs to make the right decisions, function properly, and keep getting the same as, or better results than when you were there❓ Can you audit those decisions made in your absence to ensure they were proper❓ Are your business resources safe in your absence❓ What are your suppliers, customers, and staff doing with your money, supplies, and stock behind your back❓ Register here https://lnkd.in/dKreFv5m to learn how to emplace the critical systems and processes for efficient and effective business decision making❗️

                        Business Acumen Business acumen is loosely defined as the ability to assess an external market and make effective decisions. Knowing what is necessary to navigate and create a successful business seems innate for certain people; Steve Jobs demonstrated great business acumen. Fortunately, it is possible for the rest of us to improve business acumen. The right training combined with experience will improve your business savvy.                    Seeing the Big Picture  Business acumen requires an understanding of finance, strategy, and decision making. Most managers and employees, however, are responsible for specific areas, and they have little understanding of the impact their decisions have on other areas. When too much focus is placed on one aspect of the business, it is difficult to make decisions for the good of the company. In order to make effective decisions, it is necessary for you to examine the big Picture. We have over 250 e-learning resources that work better for everyone. A one-stop shop for all your career needs. Best-in-class tools help organizations transform fear of the unknown into strategic insights. The ultimate goal is to transform useful knowledge into actionable insights, enhancing strategic planning and business efficiency. Begin your 7-day FREE trial today at no charge. Price after trial: $19/month. Learn more at https://lnkd.in/gJBdGrhY

he Ultimate Business Strategy Cheat Sheet. For Leaders and CEOs. 71% of fast-growing companies Have formal strategic plans in place. With a successful business strategy in place The benefits are unparalleled: - Employees are more engaged and aligned. - Increased gain in competitor advantage. - Stronger more informed decisions. Build an unbreakable business strategy today. Study these 6 world-class frameworks: 1. Stakeholder analysis: ↳ Assess stakeholder interests and impacts. ↳ Then guide strategic decisions based on the priorities. 2. SWOT analysis: ↳ Evaluate your strengths, weaknesses, opportunities, and threats. ↳ Formulate strategies based on internal and external factors. 3. Porter's 5 Forces: ↳ Analyse your industry competition and market. ↳ Then assess profitability potential within an industry. 4. 6 Sigma model: ↳ Improves processes by reducing defects and variability. ↳ Enhance your efficiency through data-driven quality control. 5. 10 Key Strategy Questions: ↳ Critical questions to ask before you build ↳ The answers will act as your guide throughout the process. 6. McKinsey 7S framework: ↳ Aligns organisational areas for strategic effectiveness. ↳ Ensures all organisational components are aligned. When it comes to business strategy The rules are simple: Those who prepare and build a comprehensive strategy Will harness the greatest results. So get started on yours today. Save, study and implement these frameworks. And watch your business performance sky rocket! What’s your favourite framework here?

Business skill and tactic skill are two important components that contribute to the success of any business. While they may sound similar but they are actually distinct concepts that play different roles in the day-to-day operations of a company. 🎙Business skills refer to all the abilities and knowledge that a business owner or manager has. These skills cover many areas including financial management, marketing, sales, human resources and operations. Business skills are essential for developing and implementing strategies that promote growth and profitability. 🎙Then tactic skill is more focused on the specific tactics and techniques that are used to achieve short-term objectives and goals. Tactic skills involve decision-making, problem-solving and the ability to adapt quickly to changing circumstances. Tactic skills are crucial for navigating the everyday challenges that businesses face such as competition, market fluctuations and customer demands. Business skills and tactic skill are crucial to running a successful business. By developing and using these two skills, business leaders can overcome the complexities of business and achieve their goals. Investing in training and development in both areas is critical to staying ahead of the curve in a rapidly changing business environment. Chief Brand Expert | BusinessPastor

📌Business Acumen: every #leader should possess the business acumen.it is defined as understanding the context in which the #company operates and utilizes that information to make solid #business decisions and solve problems.