44. Display Refined Business Acumen

A genius is a talented person who does his homework.

—Thomas Edison

It is difficult to identify the need to lead with restricted business acumen. The best leaders understand their industry and market. They understand their competition. They know the product mix. They have a good handle on the functional operations within their organization. They stay up-to-date on technical developments in their field. You display business acumen through your use of language and how you relate information to standard models in a particular area. Recognize that this effort requires a long-term development plan.

Start immediately to increase your business acumen skill. Analyze where you are now. Rank-order important areas of ...

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