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Why Business Acumen is important

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Marco Abis

Posts: 325
Nickname: marcoabis
Registered: Jun, 2003

Marco Abis :: scattered thoughts
Why Business Acumen is important Posted: Mar 26, 2007 4:50 AM
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Original Post: Why Business Acumen is important
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From the first in a series of follow-ups to the "From Technicality to Business Awareness: now what?" post: "Nonetheless all these situations have common building blocks and to make them very clear and easy to understand and remember I�ll borrow some definitions from the business world: - cash generation - return on investment (as combination of margin and velocity) - growth - consumers That�s it! Everything else emanates from these core ones. These are what any process/method/methodology/approach/whatever should ultimately enable. If they don�t they are getting in the way of the fundamental building blocks. If they don�t it doesn�t matter whether your are doing all the good Agile stuff or not: you are not doing the right thing. These building blocks exist, with the appropriate adaptations, at every level of the supply network of any organisation. From the strategic level down to the operational level and that�s why any process MUST address them."

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