Senior Professional in Human Resources: Business Planning

IN THIS COURSE

• 1.  Course Overview
  58s
  It can be beneficial for HR professionals to have business planning knowledge to develop an effective people strategy that will help the business define and achieve its goals. In this course, you'll learn about the various types of business structures, how to optimize the different characteristics that make each business unique, and the value of stakeholders. FREE ACCESS
• 2.  Business Environment
  8m 57s
  Business Planning is the process of setting a business's goals, strategy, and future direction within a set timeframe. In this video, you’ll learn about the expectations, risks, and decisions that are taken when establishing a business, factors impacting the business environment, and concepts such as emergence, growth, maturity, and decline. FREE ACCESS
• 3.  Business Structures
  3m 45s
  Businesses can have different legal structures, depending on factors such as the number of people involved and the purpose of the business. In this video, you will discover eight kinds of business structure, including limited liability partnerships, nonprofit organizations, and cooperatives. FREE ACCESS
• 4.  Business Elements
  6m 9s
  Business elements impact the business environment in many ways. In this video, you will discover how environmental sectors (such as raw materials, technology, and human resources), and external factors (such as competition and demographic changes) can impact the performance, function and survival of the business.  FREE ACCESS
• 5.  Business Competition
  4m 4s
  Competition is a natural process within a business environment to gain market share, increase revenue or to attain more sales. In this video, you’ll discover Michael Porter’s generic strategies, which can help you gain a competitive advantage, and learn about behavioral forms of competition, such as positive and negative.  FREE ACCESS
• 6.  Business Stakeholders
  6m 51s
  A stakeholder is any person, group or organization that influences or has an interest in the business's actions and decisions. HR professionals satisfy stakeholder groups in different ways. In this video, you’ll explore the various types of stakeholders, and the fundamentals of stakeholder management. FREE ACCESS
• 7.  Course Summary
  1m 2s
  This course summary captures the key concepts covered in this course, such as the elements of the business environment, types of business structures, how to plan for competition, and the variety of business stakeholders. The course is in preparation for the HR Certification Institute (HRCI) Senior Professional in Human Resources exam.  FREE ACCESS