May 16th 2013
Developing Commercial Acumen for the HR Function
HR often has to justify itself over its role, its output and its added value. In some cases this is deserved as we become involved in unsubstantiated opinion, fads and fashions, are reluctant to use data or are unable to evaluate our initiatives.
This report is written from the viewpoint that we believe that HR functions can make a substantial contribution to improved organisation effectiveness and business strategy. Using a combination of survey data and other research, this report looks at the subject of business acumen in relation to current and future HR functions, and the importance of this to overall business performance.
Topics covered by this report include:
• Defining commercial acumen and why it’s so important in achieving business goals
• The current context of HR functions and their commercial acumen
• Key characteristics of commercially astute employees
• Skills and knowledge synonymous with business acumen
• The role of HR functions in developing a commercial culture
• How should HR functions demonstrate business acumen?
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This resource is available to CRF members only. To access, please log in with your username and password. If you are not a member of the CRF network and are interested in membership please contact Richard Hargreaves, Commercial Director, on +44 (0) 20 3457 2640 or at richard@crforum.co.uk.
