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What is Business Acumen?

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Business acumen is a quickness to understand business situations and ability to act in good judgment. This is a soft skill that implies that a professional has business experience that they are able to leverage to build rapport, influence and make reasonable decisions. The term also implies a speed of thought that is associated with intuition.
Overview: Business Acumen
Type
Soft Skills
Definition
A quickness to understand and act in business situations.
Value
A foundation of leadership, tactical business execution and situations such as negotiations that require high speed intuitive judgement.
Related Concepts
Logic
Intuition
Commercial Awareness
Business Tactics
Next: Business Experience

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