A Fortune 500 Utility Company Learned How to Make Better Business Decisions Using Business Acumen
Press Release OREM, Utah – March 08, 2023
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While partnering with Acumen Learning, a Fortune 500 utility company learned how to make better business decisions using business acumen.
This company faced various challenges specific to their industry due to strict government regulations. To overcome these obstacles, they enlisted the help of Acumen Learning to enhance their managers’ business acumen abilities.
The utility company took the initiative to enhance its employees’ business acumen skills and understanding of the company’s operations. While there are several company-wide metrics in place, not all employees are familiar with them.
To accomplish this initiative, all mid to upper-level managers attended the course to gain a better understanding of their own business and its operations. As part of this effort, the Performance Based Regulations (PBR) metric was thoroughly walked through during the course which is highly relevant to the utility industry.
The business acumen course was perceived well and ranked highly among the other leadership development courses that have been offered at the utility company. The leaders walked away with a better understanding of the money-making process and how to better make business decisions.
Acumen Learning has delivered customized business acumen courses to several companies on the Fortune 500 list, including 32 of the Fortune 50, further cementing its reputation as a top provider of business acumen training.
“Excellent. I really enjoyed all the integration with our company’s information. Very applicable and appreciate the customization (screenshots from our website, assets, HEI financial report).”
“This course was very informative and gave me a better understanding of the utility consolidation of assets.”
“I now have a much greater understanding of the financial jargon so commonly used at our company. It was very informative.”
“Great course using our company’s own financial reports for the class.”
“It has been clear to us in our 20+ years of working with every industry, every function, and in every geography, that every business needs smarter business people at all levels,” says Ben Cook, President of Acumen Learning. “Business acumen equips each individual with the knowledge, insights, and mindset to make business-savvy decisions, seize new opportunities, and drive sustainable success. In today’s complex and interconnected world, developing strong business acumen is not just a competitive advantage; it is an essential skill for thriving in any role or industry.”
About Acumen Learning
Founded in 2002, Acumen Learning's highly customized business acumen and sales training programs have helped organizations develop employees who are more engaged, efficient, and effective in their work. To further support its mission, Acumen Learning published, Seeing the Big Picture – Business Acumen to Build Your Credibility, Career, and Company, in 2012 which quickly became a #1 Wall Street Journal and a New York Times bestseller. More than 20 years later, Acumen Learning has been trusted by more than 200 organizations on six continents to help employees understand how their company makes money, and to take real steps towards improving that process.