Business acumen is one of the key skills that every leader in every organization should consider as a true business partner. "Human resource leaders must first be considered as business partners with specialized skills in human resources. Assume that you will be appointed as an advisor to assess the current business process of an organization. To select a company of your choice and to evaluate and advise the Board of Directors to consider the following content,

Company Name and Company Introduction Company Products / Services Introduction

Financial Account Publications

Cash Flow Statement (Total Cash Flow and Outflow Details) Income Statement (Total Income and Expenditure Only) Balance Sheet (Total Assets and Title Details)

Also explain the significance of each statement and item. Explain the importance of maintaining a good liquidity level for a business to survive in the short term.

Assume that this company has not prepared a budget in the last two years, and briefly explain the importance of budgeting for an organization. | Explain what a business model is.

Explain the features of a good business model.

Identify their current business model and make a brief introduction by comparing the existing business models in the world with real world examples.

Recommend a business model that fits their business with reasons (existing model or new model).

Summarize all the above details and conclude the session.