Building Business Acumen

The Business Acumen Gauge is a unique tool, designed by Jim Grant and developed with David Ryan of Quad Assessment, as a result of a recognised need for this element of leadership and organisational performance to be mapped, measured and managed.

What is the Business Acumen Gauge?

The Business Acumen Gauge is a powerful, flexible diagnostic that takes the behaviours and skills that make smart, commercial leaders and embeds them into a learning and development platform suitable for any business.

The Business Acumen Gauge comprises eleven components called capabilities. The Business Acumen capabilities are based on information drawn from a number of sources, including management research literature, testing and validation with leaders in multiple organisations.

The diagnostic process starts with a 360 degree rating of the importance of each capability to your organisation and role ensuring a customized, relevant development framework.

The subsequent 360 degree assessment process allows you to measure the frequency with which associated behaviours are demonstrated by the participant being assessed.

The term Business Acumen is mentioned frequently in the public domain yet there is no universal agreement on what constitutes Business Acumen. The Business Acumen Gauge aggregates the critical capabilities identified by top tier leaders as being fundamental for organisational success. The diagnostic process allows you to identify which of those capabilities are most crucial for your organisation and use that agreed matrix to map, measure and improve leadership capability.

“65% of executives believe that a lack of Business Acumen is limiting their organisation’s ability to execute strategy”

— The Economist Intelligence Unit

To launch your Business Acumen Gauge, receive your personal report and one hour debrief today.

The eleven capabilities are:

  • Mindset

    Mental attitudes or predispositions – these determine your responses to and interpretations of situations.

  • Foresight

    This is your ability to step back to get a total picture of the business and envisage its future.

  • Broad Scanning

    This is your ability to acquire and use information about trends, events, possibilities and relationships in the external environment

  • Strategic Alignment

    Strategic alignment is creating, setting and executing strategic direction designed to improve business performance

  • Collaborative

    The Collaborative capability describes working with others to achieve common objectives.

  • Resource Management

    Resource management is optimally rationing resources – materials, people, time and finance.

  • Systems and process

    Systems and process refers to efficiently identifying, developing and using management information systems and technology.

  • Decision Making

    Making sound choices from among the available options, then identifying necessary actions and sharing these insights with others.

  • Talent Development

    Assessing and developing key talent to meet business needs.

  • Duty of Care

    Taking responsibility for present and future well-being of staff and the organisation – economic, social and environment.

  • Financial Literacy

    Understanding, interpreting and applying financial data.

To launch your Business Acumen Gauge, receive your personal report and one hour debrief today.

What’s in the report?

Your Business Acumen Gauge report is structured as follows:

  • Overview – Provides a comparison on the importance of each capability for your role against its demonstration
  • Part A – Provides a summary of the importance of the eleven capabilities in your role, as seen by yourself and others
  • Part B – An overall picture of how yourself and others view your demonstration of the eleven capabilities in your role, followed by detailed breakdown on your demonstration of each capability, as seen by yourself and others

What do you get?

  • Online Assessment
  • Full color, print and digital 35 page report for each participant
  • One hour debrief
  • Optional ongoing coaching (additional fee applies)

What happens after I click buy?

  • Once your purchase is complete, we will be in touch with instructions on how to complete your online assessment
  • After completing your assessment, please allow five business days for our team to prepare your report
  • We will then be in touch to book your one on one debrief to discuss the results of your assessment and provide you with your personal report

To arrange a team assessment, please contact Olivia at enquiries@jimgrant.com.au

To launch your Business Acumen Gauge, receive your personal report and one hour debrief today.