the program spread quickly to other parts of the business including customized programs for senior leaders, hr business partners, and channel executives. when verizon bought out vodafone’s 45% stake in verizon wireless for $130 billion it gave verizon full ownership of the leading wireless network in the u.s. this move combined the wireless side of the business with verizon‘s residential and business services divisions to form a single company. after a thorough review of all employee development initiatives, business and financial acumen was identified as a critical competency for verizon employees.
in the end, acumen learning was chosen to expand their building business acumen course to all new managers and to develop a new senior leader course focused on driving shareholder value. the courses needed to be customized based on the audience to help managers and senior leaders – from every corner of the business – feel a sense of ownership and empowerment to take calculated risks based on strategic data in their efforts to generate greater returns for shareholders. the courses featured case studies to allow participants to experience first-hand the impact of business decisions on a company’s operations and the costs associated with those decisions. in our experience, business and financial acumen has been identified as a core competency and a training priority for most organizations.
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