Involves the ability to manage human, financial, and information resources strategically. Inherent to this competency is the ability to devise solutions with an understanding of how to impact business results by making connections between actions or performance and organizational goals or results, as well as external pressure points.
Skills for Business Acumen
Explore articles, videos, and e-learning courses to develop supervisory skills within each competency. How to Use -> Click on a competency -> Choose a resource below to explore a concept more thoroughly.
Understands the organization’s financial processes. Prepares, justifies, and administers the program budget. Applies sound resource management principles, business and/or industry best practices, and applicable policies, regulations, and laws to support operations. Aligns resources with policy and the strategic direction and priorities. Oversees procurement and contracting to achieve desired results. Monitors expenditures and uses cost-benefit thinking to set priorities.
Richard Wheeler Giving Feedback (Video)
Human Capital Management
Builds and manages workforce based on organizational goals, budget considerations, and staffing needs. Ensures that employees are appropriately recruited, selected, appraised, and rewarded; takes action to address performance-based deficiencies. Manages a multi-sector workforce and a variety of work situations.
Identifies, evaluates, and assimilates information from among multiple streams and differentiates information according to its utility; utilizes information to adjust self, situational, or global awareness. Keeps current on technological developments. Makes effective use of technology to achieve results. Ensures access to and security of technology systems.
Security Awareness Training (E-Course)
Demonstrates skill in using job-relevant information systems and/or software applications such as word processing, spreadsheets, automated research tools, database applications, and the Internet.