I recently had the honor of learning about the top leadership KPIs from a session by Verne Harnish, Gazelles. Over the last four years I've also seen the impact of his principles here at The Center for Leadership and Development. and in surrounding businesses, through both personal and professional relationships. Recently, I heard Verne deliver a Leadership keynote at Microsoft Inspire, a worldwide celebration of new technology, ideas and leadership.
Whether you are a business owner or manager drafting a business plan, you must possess strong business acumen. It’s the ability to be keen and quick in understanding and dealing with business situations that will lead to a good outcome. Some may call it business savviness or business sense. But before you execute on any business plan, be sure your leaders possess the elements of business acumen.
To become a manager you must be aware of the constantly shifting nature of your role, adapting to meet the demands of the organization and your staff needs. Good leaders are always thinking ahead, staying flexible enough to take on difficult problems as they arise. By keeping an eye on the big picture as they develop both technical and soft skills over time, these professionals can help their companies thrive and grow.