Business acumen needed for senior roles (Analysis)

Definition of 'business acumen' evolves as HR professionals ascend ranks
By Claude Balthazard
|Canadian HR Reporter|Last Updated: 04/05/2009

On the topic of business acumen among HR professionals, respondents to the most recent Pulse Survey are in general agreement on several fronts.

On the whole, business acumen is seen as necessary for everyone who aspires to more senior HR positions, it is developable and the key to developing it is a breadth of business experience, especially of the cross-functional kind. Most respondents also agree HR associations should do what they can to support this kind of cross-functional experience.

Nearly nine in 10 respondents (89.3 per cent) agree business acumen is developable, at least to some degree — although several refer to the importance of individual desire and motivation.