Project Management

Business Acumen Is for Everyone

PMI Toronto Chapter

Bruce is the founder of ProjectManagementHacks.com, a resource for growing IT project managers.

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Once upon a time, focusing on business acumen was a concern for only some people. For instance, new graduates and employees have long struggled to navigate business acumen needs.

So, what’s changed?

The need to refresh business acumen is growing because of the increasing pace of change. The boom in artificial intelligence and machine learning is just the latest example. It’s not just technological change, either. Imagine how much work British and European companies and project managers have had to undertake after Brexit.

Choose Your Business Acumen Adventure
The first practical step is to find out where you currently stand regarding business acumen and what you must do to prepare.

1. Classical Business Acumen (Newer Professionals)
Classical business acumen is the unwritten game rules that help people succeed in a modern organization. It is a broad category of experiences, habits and know-how. Some of it is personal, like your methods for staying organized. Other aspects of business acumen are specific to your organization and where you live.

Developing classical acumen is usually a priority for new graduates and those entering the professional workforce. For more guidance on developing this expertise, see my article 5 Ways to Better Your Business Acumen.

2. Focused Business Acumen (Career Goal Professional)
Focused business acumen is probably …


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