Competencies Required of HR Department to Become a Full Strategic Partner (cont.)
- Understand corporate business (structure, vision and values, goals, strategies, financial and performance characteristics).
- Understand the unit’s business, including special knowledge of competitors, products, technology, and sources of competitive advantage.
- Understand internal and external customers.
- Understand the environment (external and internal) of corporation and individual businesses.
- Understand
- Key business disciplines
- Nature, scope, and HR implications of business globalization
- Information technology as it affects competitiveness and business processes