When we talk about the IT industry it's sometimes tough to understand what industry we're actually talking about. Are we talking about software companies like Adobe and Salesforce? Platform companies like Google and Microsoft? Do we talk about hardware companies like Cisco or chip companies like Nvidia?
With good business acumen you can know the impact of decisions like hosting applications on site versus using software as a service. You’ll know how a decision like that fits strategically to support the business now and growth into the future. You’d also clue into know how a decision like that impacts the finances of the company and how that decision will impact pressures on cash, profit, assets, growth, and people. If you're interested in the IT industry or you work/impacted by the tech world, there's no better time than now to start developing your business acumen. It will help you to understand how Tech impacts your current business, how it will drive future business growth, and what you can do about it.
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