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Business Acumen for HR professionals

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Ready-to-use training
Duration
1/2 Day
Reference
vc021
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For whom ?

Who is this pro training aimed at?

HR professionals who want to have a broader understanding of the business and increase their own strategic positioning, who want to be able to present management information with strategic indicators. Business unit heads that crossover into human performance management and owners of small and medium businesses with talent management oversight.
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Program

The program of training

This course covers how to understand business acumen as a key competency, especially in terms of the strategic positioning expected of HR professionals. Participants will gain clarity on the scope of this competency, what behaviours are associated with it and how to orientate their role in a more strategic way, while developing business impact metrics. Its focus is on how to develop a business case and how to calculate the ROI of critical HR activities.

1 - Introduction

2 - Business Acumen: the Competence That Positions Us as Strategic Partners
  • Explore the 4 Role Model
  • Identify the relationship between skills and knowledge involved in the Business Acumen competence and the 4 roles of the HRPB
3 - Business Acumen in Action
  • Identify the route, strategy and the 3 important moments
4 - Management Metrics Associated With Business Acumen
  • Identify effectiveness metrics
  • Explore ROI and its importance
5 - Hands-on
Objectives

The objectives of the training

  • Analyse and interpret the description and scope of the business acumen competence.
  • Evaluate the behaviours associated with the business acumen competence that are a part of your professional performance.
  • Transfer the competence to actual business situations.
  • Understand the metrics used in management and their business impact.
  • Create a plan for the deployment of a strategic impact initiative as a business case.
Strong points

The strengths of the training

  • This training focuses on applying skills in workplace situations by combining the benefits of group training with individual activities for greater effectiveness.
  • By the end of the session, participants will design an action plan to implement strategies for strengthening their areas of growth and developing key skills.
  • This live class is eligible for 3.5 PDUs in the Business Acumen area, to maintain PMP® or PgMP® certification.
Business Acumen for HR professionals