Business Acumen: What Exactly Is It?

by: Richard Arnott on January 28, 2026 Categorized in: Advancement

“Business acumen” is a phrase that gets used frequently, yet it often feels vague or intimidating. Many administrative professionals wonder what it actually means and whether it applies to their role. The short answer is yes. Business acumen is not reserved for executives, nor is it limited to commercial organizations. It is a set of skills that can be learned, developed, and applied by administrative professionals in any sector.

At its core, business acumen is about understanding how your organization operates, recognizing the challenges it faces, and responding effectively in ways that support its goals. For administrative professionals, this understanding can elevate the role from operational support to trusted partner.

Leadership at every level

Leadership is a fundamental element of business acumen. Leadership is not defined by job title. Administrative professionals demonstrate leadership every day by influencing outcomes, building trust, and creating clarity in complex environments. Strong leadership skills enable you to motivate others, navigate change, and contribute to a more effective workplace.

Financial awareness

You do not need to be an accountant to demonstrate financial awareness. However, understanding the financial drivers of your organization is essential. This includes knowing what numbers matter most to your executive and why.

Financial accounting focuses on external reporting such as annual accounts and financial statements. It shows where the organization has been and is often public. Management accounting, by contrast, drives internal decision-making. It includes budgets, forecasts, performance metrics, and key performance indicators. These are the figures your executive relies on to manage priorities and measure success.

Understanding budgets, targets, and variances allows you to better anticipate needs, ask informed questions, and support decision-making.

Organizational awareness

Organizational awareness means understanding how your organization functions and where your role fits within the bigger picture. This includes knowing policies, procedures, decision-making structures, and informal dynamics.

When administrative professionals lack this perspective, frustration and mistakes can follow. When they have it, they are better equipped to anticipate challenges, manage risk, and connect the dots across teams and departments.

Critical thinking and decision-making

Business acumen requires the ability to analyze problems objectively and systematically. Effective decision-making starts with gathering facts, identifying patterns, and understanding root causes.

A useful approach is to clearly define the concern, identify its cause, and determine the appropriate countermeasure. Solutions only work when they directly address the real problem. Avoid letting assumptions, personal beliefs, or confirmation bias cloud your judgment. Equally important is resisting groupthink, especially in environments where strong personalities dominate discussion. Administrative professionals must feel confident speaking up when something does not align.

Emotional intelligence

Emotional intelligence underpins all aspects of business acumen. Knowing yourself, managing your reactions, and understanding how others respond to pressure allows you to adapt your approach and build stronger relationships. Every workplace is made up of individuals with different styles, motivations, and stress responses. Recognizing and respecting those differences improves collaboration and outcomes.

Stakeholder awareness

Your stakeholders include executives, colleagues, clients, suppliers, and even your personal support network. Business acumen involves understanding what matters to each group and communicating in ways that resonate. This includes choosing the right method, level of detail, and frequency of communication.

Awareness and insight

Administrative professionals are often privy to information others do not see. This creates responsibility. Being aware of internal pressures, external influences, and emerging issues allows you to support your executive proactively. Sharing timely insights can prevent problems from escalating and strengthen trust.

Bringing it all together

Business acumen is not a qualification you earn or a phrase to list on a resume. It is a combination of skills developed through experience, curiosity, and intentional learning. The most effective way to demonstrate business acumen is through your actions, judgment, and results. When administrative professionals understand the bigger picture and contribute with confidence, their value becomes unmistakable.

Don’t Waste Your Networking Time

by: Sue Fish on January 28, 2026 Categorized in: Speaking

You will sometimes hear people say that networking does not work. That has not been my experience. Networking supported my career when I worked in a large organization, and it has been essential in building my business since then.

That said, networking only works when it is done well. Certain habits can quickly undermine your efforts, damage first impressions, and limit the value of the connections you make. By avoiding these common mistakes, you can turn networking into a powerful and enjoyable career tool.

1. Making one minute feel like an hour

When meeting someone new, you will often be asked open questions such as “What are you doing now?” or “What’s new at your company?” Many people significantly underestimate how long they speak in response.

As a rule of thumb, your initial answer should take well under a minute. If you are delivering a more formal elevator pitch, aim for around 120 to 150 words. Keep it concise, relevant, and memorable. Everyone at a networking event has multiple conversations to manage, so respecting time shows professionalism and awareness.

2. Overwhelming people with enthusiasm

Enthusiasm is attractive. Pushiness is not.

You may meet people who are so passionate about their business or career goals that they dominate the conversation or pressure others for attention. This approach often backfires. Most people do not respond well to feeling sold to or cornered.

The same applies within corporate networking. Share your passion, but stay alert to the other person’s cues. If their attention is drifting, it is a sign to gracefully exit. You might even strengthen the interaction by introducing them to someone else they should meet. Leaving a positive impression matters far more than forcing a conversation.

3. Focusing only on what is in it for you

Networking is about relationships, not transactions. A common mistake is approaching conversations with a WIIFM mindset, meaning “what’s in it for me.”

Instead, focus on WIIFT, or “what’s in it for them.” Look for ways to help others, whether that is sharing insight, making introductions, or simply listening. When you consistently offer value, people naturally want to reciprocate. Generosity builds trust, and trust builds strong networks.

4. Judging others too quickly

It can be tempting to disengage if someone’s role or industry does not immediately interest you. That is a mistake.

Every person you meet has experience, knowledge, and connections you cannot see at first glance. They may become a valuable contact for you, your executive, or your organization. They may also become a source of advice, support, or friendship. Staying curious keeps doors open.

5. Mumbling through introductions

If you are new to networking, formal events can feel intimidating. When it is your turn to introduce yourself, stand or sit upright, relax your shoulders, and take a steady breath before you speak. This simple pause helps project confidence and clarity.

If eye contact feels uncomfortable, try looking at people’s foreheads instead. It feels less intense and still creates the impression of engagement.

6. Being a poor ambassador

When you attend events on behalf of your organization, you represent more than yourself. Comments like “I’m only here because I had to be” or “No one else was available” send the wrong message.

Always speak positively and professionally. You never know when you might encounter the same people again or need their support in the future. Every interaction is an opportunity to build credibility.

Make networking work for you

Networking should be enjoyable, not exhausting. When approached with curiosity, generosity, and awareness, it becomes one of the most effective tools for career growth and professional connection. Avoiding these common mistakes allows you to make the most of your time and leave a lasting positive impression.

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