Brief Summary: A Quantitative Research on the impact of integrating business acumen (Business Sense).

Authority

The authors are:

1.      Divina Gracia C. Divino expertise is conducting research in higher education.

2.      Sydney Jay B. Villarin which specialise in English language as well as coordinating research.

3.      Lily France Jajalla Echavez expertise in business education and research coordination.

4.      Kemski P. Lumahang MAEd, Ed.D (CAR)

Currency

Published on November – December of 2024

Content

This research is written in a scholarly language.

Accuracy

Research Methodlogy:

Spearman’s Rho which is a framework of the Roger’s Diffusions of Innovation.

Bias

No there's no sign of bias.

Brief Summary: This research is a Scoping Review on the role of business acumen in nursing leadership.

Authority

The authors are:

1.      Chris Raftery, MBA (HSM), RN

2.      Anne-Marie Sassenberg, PhD

3.      Anita Bamford-Wade, DN, RN

Currency

Published in 2022

Content

The research is written in Academic language.

Accuracy

Research Methodlogy

PRISMA flow diagram format common to scoping reviews.

Bias

There’s no concrete sign or evidence on bias.

Business sense which also known as “business acumen” is a collection of skills developed throughout your career. It is essential for anyone who is working in or running a business. Business sense is about having a depth understanding of how a business works including its function, strategies, operations and how it is applied in a wider marketplace. Rather than a single skill, business sense is a set of skills which includes strategic and critical thinking, communication and influence, and financial knowledge.

[Source; https://www.coursera.org/articles/what-is-business-acumen]

Why business sense is important?

Understanding how a business works is essential to contribute effectively to it. Engaging with a business goal, operations and sharpening your understanding of the market and business strategies give you a deeper understanding of your role. Besides that, it also gives you an understanding on how it fits into a larger business model. For example, creating materials for marketing is a skill, but doing it with a clear purpose of marketing, target the customer and a wider knowledge of the marketplace shows business sense. Companies look for employees who can apply and demonstrate business sense when hiring, especially for leadership positions. Companies prefer employees who can really apply business sense to achieve the companies’ mission and vision.

[Source; https://www.coursera.org/articles/what-is-business-acumen]

1. Mind Map Content

• Use mind maps for strategic planning and breaking down complex projects.

• Encourage innovation and creativity through brainstorming with visual mapping tools.

• Foster collaboration by involving team members in idea generation.

• Support decision-making by logically connecting finance, marketing, and operations.

2. Grammar and Mechanics

• Ensure professional communication in reports, proposals, and emails.

• Maintain brand image with error-free and polished documents.

• Establish company-wide writing standards for tone and style.

• Improve efficiency by avoiding miscommunication and errors.

• Having business sense provides incentives to workers to supply vital knowledge on market trends or encourage ways customers can be tended to better.

• It helps with financial decision making. It includes mastery of vital financial metrics such as revenue, profit margins, ROI and cash flow.

• Conduct market intelligence using credible sources (reports, surveys, data).

• Reduce risks through evidence-based decisions.

• Gain a competitive advantage with updated and diverse information.

• Strengthen proposals with well-cited, reliable sources.

4. Presentation Skills

• Show leadership and influence through confident, clear communication.

• Enhance customer engagement with compelling presentations.

• Structure presentations clearly: problem → solution → benefits.

• Build a professional image by adapting style to different audiences.

• Prepare for Q&A to demonstrate expertise and adaptability.