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HR-Survey > 360-Degree Feedback > Competency Model > Business Acumen Skills

Business Acumen Competency
360 Degree Feedback Survey Sample #2

Business Acumen Competency Definition
The Business Acumen competency are the set of behaviors that help you to understand the business enterprise including: gathering business information, thinking strategically, working efficiently, forward thinking, leadership and influence, understanding the mission and vision, sharing information, being impactful, working toward and supporting the customer, having financial literacy, managing risk, analytical thinking, managing change, being aware of the market, and having regulatory knowledge.
How do you measure the Business Acumen Competency?
The questionnaire below measures important aspects of the Business Acumen Competency using a set of behavioral statements as part of a 360-Degree Feedback survey process.




Surveys Measuring :
Survey 1 (4-point scale; Competency Comments)
Survey 2 (4-point scale; Competency Comments)
Survey 3 (5-point scale; Competency Comments)
Survey 4 (5-point scale; radio buttons)
Survey 5 (4-point scale; words)
Survey 6 (4-point scale; words)
Survey 7 (5-point scale; competency comments; N/A)
Survey 8 (3-point scale; Agree/Disagree words; N/A)
Survey 9 (3-point scale; Strength/Development; N/A)
Survey 10 (Comment boxes only)
Survey 11 (Single rating per competency)
Survey 12 (Slide-bar scale)
Survey 13 (4-point scale; numbers; floating anchors)
Survey 14 (4-point scale; N/A)
Instructions

You have been selected to provide feedback on the employee listed above. Your feedback is an important part of our company's leadership development process and this survey is intended to gather broad feedback in the core competencies and role responsibilities that are important for the on-going success of our organization.

In responding to the questions below, think about your experiences working with this employee over the last twelve months and the goals they were asked to achieve. The effectiveness of this development tool is dependent on your honest, forthright and constructive responses so please bear this in mind as you answer each question. Your responses will be discussed with the employee to foster growth and on-going development.

Competencies Included:
Business Acumen, Flexibility, Professional Development, Problem Solving, Technology Use/Management, Objectives, Trustworthy, Customer Focus, Company
Sample Result Document:
Sample Results
Partially completed forms can be saved by using the Save/Still Working button at the bottom of the page. You may return at a later time to complete/edit the form. Your saved responses will be shown each time you re-visit the feedback form. When you are certain that you have completed your responses and will be not making any changes, click the Complete button.

Please ensure that your submission is made between . The survey will only be available during these dates.
Edit this Survey
Would you like to edit this survey? Click here to begin.


Business Acumen

Clear
Strength
Capable
and
Effective
Could
Benefit from
Development
Needs
Significant
Improvement
  1. Has an understanding of various asset classes and how to interpret balance sheets.
  1. Considers environmental, social, and governance (ESG) factors to ensure the business is sustainable in the long run.
  1. Maintains currency with laws, regulations, policies, procedures, trends, and developments.
  1. Facilitates business changes with minimal resistance.
  1. Understands the dynamics of our industry.
  1. Is up-to-date with regulatory guidelines and policies.
What are your suggestions for how [Participant Name] can make improvements
in Business Acumen?

Flexibility

Clear
Strength
Capable
and
Effective
Could
Benefit from
Development
Needs
Significant
Improvement
  1. Able to change the workflow as needed to facilitate changes in regulations or policies.
  1. Willing to try new ideas.
  1. Values and adjusts training to meet diverse learning preferences.
  1. Is resilient and proactive to help thrive in unpredictable environments.
  1. Delivers a variety of products that vary in type and volume.
  1. Allows for flexibility in the agenda for the team meeting.
What are your suggestions for how [Participant Name] can make improvements
in Flexibility?

Professional Development

Clear
Strength
Capable
and
Effective
Could
Benefit from
Development
Needs
Significant
Improvement
  1. Quickly acquire and apply new knowledge and skills when needed
  1. Seeks opportunities for professional development.
  1. Encourages employees to take courses relevant to their job.
  1. Seeks opportunities for continuous learning.
  1. Keep themselves up-to-date of technical/professional issues
  1. Contributing fully to the extent of their skills
What are your suggestions for how [Participant Name] can make improvements
in Professional Development?

Problem Solving

Clear
Strength
Capable
and
Effective
Could
Benefit from
Development
Needs
Significant
Improvement
  1. Able to respond swiftly to keep the problem-solving process moving forward without unnecessary delays.
  1. Identifies and analyzes potential risks in advance.
  1. Asks the right questions to size up or evaluate situations.
  1. Secures the employees' agreement and commitment prior to implementing changes to prevent resistance.
  1. Implements solutions to solve the problem.
  1. Involves team members in conversations about the problem to improve communication and teamwork, which helps in finding and applying the best solutions.
What are your suggestions for how [Participant Name] can make improvements
in Problem Solving?

Technology Use/Management

Clear
Strength
Capable
and
Effective
Could
Benefit from
Development
Needs
Significant
Improvement
  1. Uses technology in decision making and problem solving.
  1. Identifies gaps between actual and needed technical competencies and provides recommendations for required training.
  1. Proficient in the use of technical systems and processes.
  1. Applies complex rules and regulations to maintain optimal system performance.
  1. Adopts the implementation of new technology into the workplace.
  1. Supports technical training and development of employees.
What are your suggestions for how [Participant Name] can make improvements
in Technology Use/Management?

Objectives

Clear
Strength
Capable
and
Effective
Could
Benefit from
Development
Needs
Significant
Improvement
  1. Able to organize work.
  1. Establishes goals and objectives.
  1. Encourages me to take on greater responsibility.
  1. Ability to establish realistic goals.
  1. Sets long-term and short-term goals.
  1. Communicates goals and objectives to employees.
What are your suggestions for how [Participant Name] can make improvements
in Objectives?

Trustworthy

Clear
Strength
Capable
and
Effective
Could
Benefit from
Development
Needs
Significant
Improvement
  1. Consistently keeps commitments.
  1. Takes care to maintain confidential information.
  1. Demonstrates congruence between statements and actions.
  1. Works in a way that makes others want to work with her/him.
  1. Seeks to mitigate grievances by clarifying intentions and finding suitable remedies.
  1. Builds and maintains the trust of others.
What are your suggestions for how [Participant Name] can make improvements
in Trustworthy?

Customer Focus

Clear
Strength
Capable
and
Effective
Could
Benefit from
Development
Needs
Significant
Improvement
  1. Is aware of what the customer wants to receive.
  1. Develops good rapport and trust with the customer.
  1. Creates new and innovative products for customers.
  1. Is competent in handling customer cases.
  1. Anticipates problems that the customer may encounter.
  1. Effectively troubleshoots customer issues.
What are your suggestions for how [Participant Name] can make improvements
in Customer Focus?

Company

Clear
Strength
Capable
and
Effective
Could
Benefit from
Development
Needs
Significant
Improvement
  1. Supports [Company]'s strategic objectives.
  1. Attends [Company] gatherings and social events.
  1. Effectively represents the department in company gatherings.
  1. Supports [Company]'s marketing efforts.
  1. Maintains positive relationships between the [Company] and the community.
  1. Follows existing procedures and processes.
What are your suggestions for how [Participant Name] can make improvements
in Company?


  1. Strengths


  2. Areas for Development


  3. Please give any final comments or suggestions for [Participant Name Here]'s assessment.

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