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hr-disciplines section

‘Understanding Business’ – Much Touted But Less Understood

By Pradeep Mukerjee
19/5/2010

One of the things senior HR professionals and business managers expect from their HR colleagues is a ‘good understanding of business.’ What do they really mean by this clichéd phrase?
HR professionals seem to believe that understanding business is about:
• Knowing  how product/s of the firm are manufactured and sold; in the case of services, how they are delivered to the customers
• Understanding the business processes of the firm

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