Business Planning to Demonstrate Value

HR often seen as not fully understanding key business fundamentals such as what makes or breaks the business and where profit is lost or made. Even the most business savvy of HR folk can fail to get their message across because of the language they use and how they present information. Also whilst leaders may have excellent business knowledge, do they truly ensure their teams can also articulate the value their function adds to the business?

One way to ensure the team fully understand their contribution to business success is to engage them in the preparation of a business plan. A credibile business plan is one which stands up to peer scrutiny and can be articulated by all your team succinctly, consistently and with passion.

One way to test your thinking is to put yourself and your team in the shoes of the operations or finance directors. What questions would they ask?

Here are some questions to mull over, how would you and your team fare if they were asked....

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