Think Like a Leader
Think Like a Leader
This course is part of Strengthen Your Business Savvy Specialization
Instructor: Harvard Business Review
4,009 already enrolled
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What you'll learn
Evaluate business models and organizational strategies to determine how companies create, capture, and deliver value in competitive markets
Assess organizational financial health by interpreting key financial statements and connecting financial performance to business success factors
Apply systematic decision-making processes to overcome cognitive biases and improve individual and group decision quality
Design data-driven decision frameworks to lead effective group decisions in organizational contexts
Skills you'll gain
- Strategic Leadership
- Business Strategy
- Organizational Leadership
- Business
- Financial Statement Analysis
- Competitive Analysis
- Discussion Facilitation
- Performance Measurement
- Data-Driven Decision-Making
- Business Management
- Strategic Thinking
- Financial Statements
- Performance Metric
- Business Acumen
- Business Leadership
- Leadership
- Financial Analysis
- Strategic Decision-Making
- Decision Making
- Financial Acumen
Details to know
See how employees at top companies are mastering in-demand skills
Build your subject-matter expertise
- Learn new concepts from industry experts
- Gain a foundational understanding of a subject or tool
- Develop job-relevant skills with hands-on projects
- Earn a shareable career certificate
There are 3 modules in this course
Successful leaders help their organizations create value, earn profits and outperform rivals. That requires having an enterprise mindset—thinking critically about how your organization operates and how it can improve. To do that, you need to understand business fundamentals so you can contribute to key discussions, make smart choices, and achieve goals.
In this course, you'll learn how to evaluate and support your company’s financial health, business model, and competitive strategy. You'll find out how to make good business decisions—and avoid decision-making pitfalls—by using a smart, structured process. You'll learn how to lead effective group decisions and how to improve decisions with data. As you build these skills, you’ll develop your ability to think, act, and speak like a leader.
How can you best help your organization thrive? By developing your business acumen—knowledge of how organizations operate, create value, and gain competitive advantage. Take your career to the next level by learning business and finance basics, and developing an enterprise mindset.
What's included
13 videos30 readings3 assignments
13 videos•Total 38 minutes
- Know About Business to Grow in Business•3 minutes
- Level Up at Work: Understand Your Organization’s Big Picture•3 minutes
- Building Blocks of Business Success•3 minutes
- Add Value with Complements•3 minutes
- Why Gross Profit Matters•2 minutes
- The Income Statement: Tracking Profit and Loss•4 minutes
- What Can You Find on a Balance Sheet?•3 minutes
- What to Know About Cash Flow•3 minutes
- A Tale of Two Business Models•4 minutes
- Creating a Winning Business Model•3 minutes
- What a Change in Business Model Can Do•3 minutes
- Strategy: A Plan to Create Value•3 minutes
- How a Change in Strategy Saved Best Buy•3 minutes
30 readings•Total 300 minutes
- Why You Need Business Acumen•10 minutes
- What is business acumen?•10 minutes
- Four questions to build your business acumen•10 minutes
- How business acumen benefits you•10 minutes
- Learn What Makes Organizations Thrive•10 minutes
- Four building blocks of business success•10 minutes
- Satisfy customer needs better than the competition•10 minutes
- Generate a healthy cash flow•10 minutes
- Maximize return on invested capital•10 minutes
- Drive profitable growth•10 minutes
- Responsible growth•10 minutes
- Financial health basics•10 minutes
- Why assess your organization’s health?•10 minutes
- The income statement•10 minutes
- The balance sheet•10 minutes
- The cash flow statement•10 minutes
- Use your insights•10 minutes
- Build Your Financial Skills•10 minutes
- Business Model Basics•10 minutes
- What’s a business model?•10 minutes
- Key questions to understand your business model•10 minutes
- What makes a good business model?•10 minutes
- Business models versus business strategies•10 minutes
- Know Your Organization’s Strategy•10 minutes
- What’s a business strategy?•10 minutes
- Why you should know about strategy•10 minutes
- Strategy creates value•10 minutes
- Strategy based on customers•10 minutes
- Strategy based on employees•10 minutes
- Strategy based on suppliers•10 minutes
3 assignments•Total 120 minutes
- Sharpening Your Business Acumen Assessment•30 minutes
- The NovaTech Strategic Analysis•60 minutes
- Interpreting Financial Signals•30 minutes
Smart decisions are a key to business success. Boost your decision-making skills by learning how to avoid common pitfalls and use an effective process to spark innovative thinking. Discover strategies to get the most out of group decisions and apply data to answer important questions and evaluate your options.
What's included
10 videos28 readings1 assignment
10 videos•Total 25 minutes
- Cultural Diversity Leads to Better Decision Making•3 minutes
- Diagnostic Thinking•3 minutes
- The Hidden Traps in Decision Making•2 minutes
- Flawed Decision Making and How to Avoid It•3 minutes
- Different Perspectives Lead to Better Decisions•2 minutes
- Challenge a Hypothesis to Make a Better Decision•3 minutes
- Make Good Team Decisions•3 minutes
- Help Your Team Learn from Decisions•2 minutes
- The Three A's of Data•3 minutes
- When to Use Data to Make Decisions•2 minutes
28 readings•Total 280 minutes
- Make Better Decisions•10 minutes
- What influences decisions?•10 minutes
- Human nature•10 minutes
- Complex situations•10 minutes
- Cultural expectations•10 minutes
- Navigate ethical dilemmas•10 minutes
- Cultivate critical thinking•10 minutes
- Overcome Decision-Making Traps•10 minutes
- How mental shortcuts affect decisions•10 minutes
- Barriers to good decisions•10 minutes
- Counteract cognitive biases•10 minutes
- Four Steps to Effective Decisions•10 minutes
- Structure your decision-making approach•10 minutes
- Start with questions•10 minutes
- Consider the options•10 minutes
- Carry out the decision•10 minutes
- Reflect and iterate•10 minutes
- Manage Group Decision Making•10 minutes
- Advantages of group decisions•10 minutes
- Clarify decision-making roles•10 minutes
- Avoid too much group harmony•10 minutes
- Manage strong opinions•10 minutes
- Frame decisions as learning opportunities•10 minutes
- Use Data to Guide Decisions•10 minutes
- How data improves decisions•10 minutes
- What decisions benefit from data?•10 minutes
- Questions to ask when using data•10 minutes
- Blend data and intuition•10 minutes
1 assignment•Total 30 minutes
- Decision Making Assessment•30 minutes
What's included
2 assignments
2 assignments•Total 60 minutes
- Course-End Assessments•30 minutes
- Course-End Project•30 minutes
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