How do you get to hear everything that is going on at your company? The smokers used to have all the insights, hard to advocate smoking in order to become savvy. In the US they would use the term the “water cooler chat”, so how do we really find out what the Directors are up to.
The word savvy itself, what does it really mean “shrewdness and practical knowledge; the ability to make good judgements”. So to be shrewd you got to be right place at the right time and then also the ability to filter fact from fiction. Savvy in my eyes is also quite cool some-one who just gets it.
From a company perspective you need three types of savvy to understand the full picture:-
- Business savvy – the numbers – what is the profit and loss?
- Organisational savvy – the people – how do you get things done around here, who do you know in finance, etc..?
- Contextually savvy – the outside – what is the bigger picture telling you about your own company? competitors, politics, economics etc…
Where they meet in the middle is an individual with their eyes wide open.
By becoming savvy we can begin to have an influence over decisions as we armed with knowledge.
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