If you want to be in a better position—with a job you like more with better pay, with better long-term opportunities, and with greater security—you need to understand the key drivers of the business and use that knowledge to make a contribution, according to Kevin Cope. “If you want to be a more effective leader, you need to be better able to engage your team and link your team’s actions with the overall needs and strategic goals of the company,” he says. Cope consults with organizations on how to instill business acumen and fiscal responsibility in employees in non-finance roles.

Cope observes in his work with hundreds of companies that engineers and technical teams often show the least appreciation of the value ...

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