The term 'Practical Know-How' can be summarized as having a 'SAVVY' attitude. This means having the ability to think and act quickly and effectively in order to solve problems. It also involves having a good understanding of the situation and being able to make decisions based on that knowledge. Practical Know-How is an important skill for anyone looking to succeed in their career, as it allows them to make the most of their resources and come up with creative solutions.