Claire Hall Testimonial about Business Essentials Workshop (Profit Maximiser course)
This is a testimonial from Claire Hall (Reflexologist) about the Business Essentials workshop (Profit Maximiser workshop). Claire would have paid double the price had she realized what she had achieved from coming to the workshop.
10 IMPORTANT BUSINESS SKILLS EVERY PROFESSIONAL NEEDS
If you’re seeking to achieve similar objectives in your career, here are ten business skills you should develop.
An understanding of essential business concepts and tools can benefit professionals of all levels and industries.
Having a foundation in business can not only lead to greater confidence in the workplace but open the door to a myriad of career opportunities. For people who have broadened their knowledge by taking a Harvard Business School Online course, the experience has led to such outcomes as:
- More responsibility at work
- A promotion or title change
- Greater attention from recruiters
- The ability to transition into a new field
BUSINESS SKILLS EVERY PROFESSIONAL NEEDS
1. An Understanding of Economics
Baseline knowledge of economics can be a valuable asset in any industry. In addition to an in-depth understanding of pricing strategies and market demand, studying economics can provide you with a toolkit for making key decisions at your company.
For Nicholas Grecco, a former CORe participant who works as an educator and healthcare administrator, the lessons learned in Economics for Managers were instrumental in helping his organization decide to invest in solar energy.
2. Data Analysis Skills
Research shows that an increasing share of firms is using analytics to generate growth. Companies such as Microsoft, Uber, and Blue Apron leverage data to improve their services and operations. And according to LinkedIn, analytical reasoning is one of the most sought-after hard skills in today’s job market.
Knowing how to summarize datasets, recognize trends, and test hypotheses can give you an analytical framework for approaching complex business problems, and help you make informed decisions that could benefit your firm.
3. Financial Accounting Skills
Accounting know-how can be beneficial to your career, even if you’re not in a numbers-focused role. While it can seem like an intimidating subject, it’s far more approachable than you might think.
Concepts such as cash flow and profitability are useful for understanding your organization’s performance and potential. And knowing how to read and interpret a balance sheet is critical for communicating financial results.
4. Negotiation Skills
Whether you’re just beginning your professional journey or operating at a senior level, it pays to be an effective negotiator. In a recent report by the World Economic Forum, negotiation was identified as one of the top 10 skills needed to thrive in the future workforce.
Honing your deal-making skills can not only help you secure value for your organization at the bargaining table but for yourself when advocating for a higher starting salary or raise.
There’s no one-size-fits-all approach to crafting a successful negotiation strategy. The key, according to HBS Professor Mike Wheeler, who teaches Negotiation Mastery, is to be open to improvisation and plan to think on your feet.
5. Business Management Skills
Strong managerial skills are intrinsically linked to organizational performance. A recent study by Gallup found that managers account for 70 percent of the variance in employee engagement, underscoring the need for companies to develop leaders who can drive team productivity and morale.
For seasoned and aspiring managers alike, it’s valuable to know how to lead meetings and communicate organizational change. Equally important is being aware of the common missteps team leaders often make. Read more. Click here!
Claire Hall Design – Purolator Canada Small Business Success Story
Purolator Canada brings you a new series of ‘ Small Business Success Stories’. Each video tells the story of four small business owners and their passion for setting up their own business and key lessons they have learned on the way.
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