From the course: Business Acumen for Project Managers
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Leverage your business acumen for project success
From the course: Business Acumen for Project Managers
Leverage your business acumen for project success
- Elon Musk, the founder of Tesla and SpaceX said that, 'If you're trying to create a company, it's like baking a cake. You have to have all the ingredients in the right proportion." The Project Management Institute recognizes three areas in which project managers need to develop. They need to build technical project management skills, leadership skills, and an understanding of strategic and business management. Our focus in this course has been on building business acumen, the strategic and business management part of the talent triangle. Business acumen starts with an understanding of the problem that your organization exists to solve. Who is it that you serve, and what value do you provide to them? All of the work that an organization does should tie back to achieving this purpose. And that's why it's important to keep strategy, tactics and operations fully aligned. On one hand, you can always find ways to improve…
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