HR Professionals and Business Acumen

With advancement of technology and broadening vision of business leaders, HRM is

experiencing a shift from being viewed as an administrative function to a strategic
one. Modern day HR departments are being led by professionals who understand
the language of business. Such a setup ensures participation of HR function in
strategic discussions as it is expected from them to showcase return on investment
rather than providing an expense summary. It also forces HR professionals out of
their comfort bubble to efficiently manage people implications of business strategy.
Taking the case of Consumer Durables industry, any HR professional associated with
it must be aware of each and every aspect of how an organization works starting
from manufacturing of goods to after sales service. This would help in
understanding the organizations dynamics and how to design appropriate policies
catering to all concerned departments.