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Business Awareness

Giving you the tools for business analysis and effective decision making

Overview

Business Awareness training helps you to look outside your own specialisation and explore tools for business analysis and effective decision making.

By understanding the business environment and the context in which they operate, managers can fulfil their potential and maximise their value to the organisation.

Training Outline

The Business Awareness course explains and demonstrates the following business tools.

Business Tools

  • PESTEL
  • SWOT
  • Balanced Business Scorecard
  • SMART
  • Action planning
  • Effective decision making
  • Rational Decision Making models
  • KPIs - measuring performance and success
  • Descriptive, Prescriptive and Intuitive approaches
  • Archers decision cycle
  • 'Satisficing' based on available information
  • Decision quality and the effect on decision acceptance and group performance, motivation and commitment to implement

Further study

Future First is an exercise that looks at your organisation or department, where it is now and where you would like it to be in the future. Future First helps you to develop an action plan or road map. You can explore how your action plan will be implemented and what contribution will need to be made by team members.

Read more about Future First