7 Ways for HR Professionals to Develop Business Acumen

Download our HR 2025 Competency Framework for more details on business acumen and other competencies for future-ready HR professionals 👉 https://aihr.ac/3xSVKHx

4 in 10 CHROs consider business acumen the most lacking skill in HR talent. ⚠️ So how can you as an HR Professional develop business acumen? 🔍 In this Learning Bite, we’ve gathered 7 different ways for Human Resources professionals to acquire this essential skill.

Business acumen refers to the ability to understand the business and is key for all HR professionals today. It is crucial in helping you connect HR strategy with the wider business strategy, and enabling you to provide real value to your organization. 📈

Here are a few ways you can become more business savvy:

0:00 - Intro
1:49 - 1. Build a deep understanding of your business
2:33 - 2. Understand your (desired) customer base
3:00 - 3. Improve your financial knowledge
3:47 - 4. Learn common management theories and their application
4:09 - 5. Continuously educate yourself
4:55 - 6. Consider job shadowing
5:22 - 7. Get a mentor
5:45 - Outro

For more tips on how to become business savvy, watch the full video! ▶️

And check out our in-depth article on the topic 👉 https://aihr.ac/36MQid0

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