Business acumen refers to the ability to understand and interpret complex business situations, make informed decisions, and drive strategic initiatives that contribute to an organization's success. It goes beyond technical expertise and involves a holistic understanding of how different aspects of a business interconnect and influence each other. For mid-career leaders, business acumen is crucial because it enables them to make informed decisions, drive strategy, enhance communication, navigate uncertainty, and improve financial management. It helps leaders connect day-to-day operations with long-term objectives, ensuring decisions are aligned with the company's vision and financial health.