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How can you maintain your team's business acumen on strategy-driven projects?

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Business acumen is the ability to understand and apply relevant business knowledge and skills to achieve strategic goals. It is essential for any team working on strategy-driven projects, especially in remote and hybrid settings where communication and collaboration can be challenging. How can you maintain your team's business acumen on strategy-driven projects? Here are some tips to help you facilitate learning and performance in your team.

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Israel Batista Gabriel

Desenvolvimento Social | Sustentabilidade | Gestor de Programas e Projetos Socioambientais | ESG | Comunidades
Maria de Fátima de Oliveira

Diretora Técnica | Instituto Suin? Bióloga | MSC em Ciências Florestais | Especialista em conserva??o e manejo de…
Tatiane Rodrigues Palazzio

Coordenadora de Rela??es Institucionais e Responsabilidade Social na Arauco

1 Assess your team's needs

Before you design and deliver any learning intervention, you need to assess your team's current level of business acumen and identify any gaps or opportunities for improvement. You can use various methods to assess your team's needs, such as surveys, interviews, quizzes, self-assessments, or feedback from stakeholders. The key is to align your assessment with the strategic objectives and outcomes of the project and the organization.

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Israel Batista Gabriel

Desenvolvimento Social | Sustentabilidade | Gestor de Programas e Projetos Socioambientais | ESG | Comunidades
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Para manter a vis?o de negócios da sua equipe em projetos orientados por estratégia, é essencial: Comunica??o, alinhamento, defini??o de metas e indicadores, envolvimento da equipe, atualiza??es regulares, feedbacks construtivos, forma??o contínua e cultura de inova??o. Ao implementar essas práticas, você pode manter a vis?o de negócios da sua equipe e garantir que os projetos estejam alinhados com os objetivos estratégicos da empresa.

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Maria de Fátima de Oliveira

Diretora Técnica | Instituto Suin? Bióloga | MSC em Ciências Florestais | Especialista em conserva??o e manejo de biodiversidade| MBA restaura??o ecológica e adequa??o ambiental | Co-fundadora do Instituto Suin?
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Alinhe Com a equipe o entendimento do que se prop?e; defina os papéis de cada um a partir das habilidades e experiências; Defina claramente os objetivos, estratégias e a??es; construa metas factíveis que possam ser atingidas a partir das soma das habilidades dos membros da equipe; defina bons indicadores; monitore sistematicamente o avan?o da equipe; discuta os pontos fortes e fracos; ajuste o planejamento; reconhe?a o desempenho; de feedback; comemore as pequenas conquistas; mantenha a coes?o.

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Tatiane Rodrigues Palazzio

Coordenadora de Rela??es Institucionais e Responsabilidade Social na Arauco
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Comunicar e checar o entendimento da equipe, apoiar a??es de desenvolvimento do time frente aos desafios com a??es simples como indicar cursos, incentivar os profissionais a buscarem cases e/ou compartilhar boas práticas, estimular o senso de pertencimento por meio de visibilidade aos profissionais e reconhecimento junto aos executivos. é imprescindível a gest?o apoiar na defini??o de indicadores de desempenho de valor ao negócio e estimular a análise crítica da equipe frente aos resultados para ajuste de rotas se necessário.

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Martin Kiryakov

Business Analyst | Product Management | Project Management | Driving Digital Transformation | End-to-End Solutions Expert
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To maintain your team's business acumen on strategy-driven projects, begin by assessing their needs. Regularly conduct skill assessments to identify gaps in understanding and expertise. Engage team members in open discussions to comprehend their strengths, weaknesses, and aspirations. Tailor training programs to address specific knowledge deficits. Encourage cross-functional collaboration to foster a holistic view of business operations. Implement mentorship programs to facilitate knowledge transfer and skill development. Leverage real-world case studies relevant to your industry to enhance practical insights. Foster a learning culture by organizing workshops, seminars, and webinars to keep the team updated on emerging trends.

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Maulik Patel

MBA | Business Analyst | Business Development | Data Analysts | Food & Beverage Industry Manager | Retail Manager | Technical sales | Project Management
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Accessing team’s needs is very crucial for every project. This can be achieved by maintaining effective communication, motivating them, doing self assessment and help them to level up the skill, keeping them informed of every steps. After all it’s all about team efforts for every project to be successful and achieve desired outcomes.

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2 Choose the right format and content

Once you have a clear picture of your team's needs, you can choose the most appropriate format and content for your learning intervention. Depending on your team's preferences, availability, and resources, you can opt for online or offline, synchronous or asynchronous, formal or informal, or blended learning approaches. The content should be relevant, engaging, and practical, and cover topics such as industry trends, market analysis, customer insights, financial literacy, value proposition, competitive advantage, and strategic decision making.

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3 Engage your team in learning activities

To maintain your team's business acumen, you need to engage them in active and interactive learning activities that challenge them to apply their knowledge and skills to real or simulated scenarios. You can use various techniques to engage your team in learning activities, such as case studies, role plays, simulations, games, debates, or peer coaching. The goal is to create a safe and supportive learning environment where your team can share, discuss, and learn from each other and from external sources.

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Christine Watson, CPTD

Developing resilient leaders who build strong teams by navigating conflict through effective communication.
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When maintaining business acumen, context is critically important. If your team is going to fully understand the strategy of the business, they need access to information about what drives the business. Be sure to avoid the premise of sharing information on a “need to know” basis. While leaders may not be able to share all information, operating from a position of transparency builds trust, which then enables the growth of business acumen. Without transparency, it’s difficult for your team to operate strategically.

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4 Reinforce and measure learning outcomes

Learning is not a one-time event, but a continuous process that requires reinforcement and measurement. To ensure that your team's business acumen is sustained and improved over time, you need to provide them with ongoing feedback, recognition, and support. You also need to measure the impact of your learning intervention on your team's performance and the project's results. You can use various tools to measure and evaluate learning outcomes, such as tests, surveys, interviews, observations, or analytics.

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5 Adapt and update your learning plan

Business acumen is not a static skill, but a dynamic one that needs to be adapted and updated according to the changing business environment and customer needs. To maintain your team's business acumen on strategy-driven projects, you need to monitor and review your learning plan regularly and make adjustments as needed. You also need to encourage your team to seek new learning opportunities and resources, and to share their insights and best practices with each other and with other teams.

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6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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PATRYCJA PIELASZEK

Boosting agile transformation: Let’s unlearn, rethink, rebuild together! ??? Trainer ? Lecturer ? Facilitator ? TEDx Speaker
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It is fundamental to provide a clear understanding of the overarching business strategy, communicating updates on market trends and organisational shifts, and fostering cross-functional collaboration to enhance a holistic perspective. Involve team members in strategic decision-making processes, offer training focused on business acumen and strategic thinking, and establish and track KPIs tied to project goals to reinforce the connection between individual contributions and strategic outcomes. Foster a collective learning culture within the team, encouraging continuous learning. And don't forget to assess and adapt these approaches regularly to accommodate changes in the business environment and evolving project requirements.

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How can you maintain your team's business acumen on strategy-driven projects?

1

2

3

4

5

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1 Assess your team's needs

2 Choose the right format and content

3 Engage your team in learning activities

4 Reinforce and measure learning outcomes

5 Adapt and update your learning plan

6 Here’s what else to consider

Facilitation

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How can you maintain your team's business acumen on strategy-driven projects?

1

2

3

4

5

6

1 Assess your team's needs

2 Choose the right format and content

3 Engage your team in learning activities

4 Reinforce and measure learning outcomes

5 Adapt and update your learning plan

6 Here’s what else to consider

Facilitation

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感谢您的反馈

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