Business Acumen

Business acumen, often referred to as "business savvy" or "business sense," is the ability to quickly grasp and navigate various business situations, including identifying risks and opportunities, in a way that leads to positive results. This skill has become important for enhancing financial performance and fostering leadership skills. As a result, various strategies have been created to help individuals improve their business acumen.

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Articles

Innovative business broker Nikki Katz first woman inducted into REIA Hall of Fame

17 hours ago | businessacumen.biz | Mike Sullivan |Mike and Judy Sullivan

ADELAIDE-based entrepreneur and business disruptor Nikki Katzhas made history as the first woman to be inducted into the Real Estate Institute of Australia’s (REIA) Hall of Fame, recognising her as one of the most influential and innovative forces in the business broking industry. The national award recognises and celebrates outstanding individuals and businesses who have consistently achieved excellence in their respective categories within the real estate industry.
Delta Global wraps data into effective packaging

1 week ago | businessacumen.biz | Mike Sullivan |Mike and Judy Sullivan

By Leon Gettler, Talking Business >> HOW DOES a company future proof itself in the wake of the climate crisis? Robert Lockyer, the CEO and founder of Delta Global, a leading supplier of luxury sustainable packaging globally, said it’s a major question now that companies everywhere are asking. He said businesses could only do that by evolving around the sustainable needs of consumers. “It used to be an agenda point, and now it’s the agenda,” Mr Lockyer told Talking Business.
Macquarie’s Cloud Reset podcast features Aussie tech leaders in exclusive AI series

1 week ago | businessacumen.biz | Mike Sullivan |Mike and Judy Sullivan

MACQUARIE Cloud Services’ acclaimed Cloud Reset podcast has unveiled a special AI-focused series that calls on some of Australia’s most influential tech leaders to explore how artificial intelligence (AI) will shape business decisions in the years ahead.
Low volume of home building but labour shortages linger

1 week ago | businessacumen.biz | Mike Sullivan |Mike and Judy Sullivan

ONGOING SHORTAGES of skilled building tradespeople are not the result of a booming housing construction market, according to the Housing Industry Association (HIA). The last two years of new home commencements have been among the weakest in the past decade. “Australia has just seen its two weakest years of new home commencements in over a decade, meaning these ongoing shortages of skilled trades are not being caused by home building activity,” HIA chief economist Tim Reardon said.
Small business leaders call for forum to shine light on extreme business pressures, drive action

1 week ago | businessacumen.biz | Mike Sullivan |Mike and Judy Sullivan

THE Council of Small Business Organisations Australia (COSBOA) is calling for bipartisan support for a government-led post-election Small Business Forum (the Forum). The Forum would bring together business leaders, peak bodies, politicians and small business owners from across the country in Canberra, where they can discuss and implement practical mechanisms to support Australia’s small business sector.
165,000 workers face cuts to pay and conditions under Coalitionâ€™s IR approach: McKell Insitute report

2 weeks ago | businessacumen.biz | Mike Sullivan |Mike and Judy Sullivan

SOME 165,000 Australian workers could lose vital protections such as overtime, penalty rates, and allowances if the Dutton Coalition wins government, according to a new report released today by the McKell Institute.
New Indonesian school milk program creates opportunities for Australian dairy

2 weeks ago | businessacumen.biz | Mike Sullivan |Mike and Judy Sullivan

AUSTRALIA’s dairy sector may be the beneficiary of a new school milk program being implemented in Indonesia. Food and agribusiness banking specialist Rabobank said the program, which is currently being rolled out across 400,000 schools in Indonesia, is part of the recently-elected Indonesian government’s Nutritious Meals Program, aimed to combat malnutrition and promote healthy eating among the country’s 60 million school children, as well as in pregnant women.
Margo Faraci‚Äôs research counts the costs of poor leaders and managers

2 weeks ago | businessacumen.biz | Mike Sullivan |Mike and Judy Sullivan

By Leon Gettler, Talking Business >> BUSINESSES around the world are caught in a vortex of bad leadership, leaders who simply aren’t up to the job. And they know it too. The result: inability to communicate with teams, falling morale and poor productivity. It’s rife in Australia, the US and UK, according to Margo Faraci, a global leadership expert and executive.
Datadog to accelerate business through new data centre in Australia

2 weeks ago | businessacumen.biz | Mike Sullivan |Mike and Judy Sullivan

DATADOG Inc, the monitoring and security platform for cloud applications, has plans for a new data centre to be located in Australia and it is getting the ‘thumbs-up’ from major Australian clients including Flight Centre Travel Group and the employment platform Seek. The data centre, which will be built on AWS, will be Datadog’s first in Australia and adds to existing locations in North America, Asia, Europe and AWS GovCloud.
Coalition makes a pre-election u-turn on EV subsidies

2 weeks ago | businessacumen.biz | Mike Sullivan |Mike and Judy Sullivan

REPORTs that the Federal Coalition has done a surprise ‘u-turn’ on an election pledge to keep incentives and tax advantages in place for electric vehicles (EVs) has drawn strong criticism from the Electric Vehicle Council and the National Automotive Leasing and Salary Packaging Association (NALSPA).