Published: 02 May 2023
CIOs know the importance of business acumen for understanding business opportunities and challenges beyond technology. Business acumen is built on knowing the business model. We offer the skills to attain, the practices to activate and the pitfalls to avoid to significantly improve this competency.
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Forty-three percent of CIOs know they need to improve their business acumen but don’t know where to start. The enterprise business model is an excellent framework for learning.
“See one, do one, teach one” is a widely accepted method for learning in adults. Learning lasts more dependably when knowledge gained is applied immediately.
As with all new learning endeavors, time can be wasted on approaches that don’t have as much value as others. Knowing what to not spend time on is just as valuable as where to spend one’s time.
CIOs striving to develop their executive leadership by building business acumen
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