Know the Business Front to Back

Lance Wright
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Lance Wright: Lance Wright & Associates, LLC

Chapter chapter 4 in HR in the Boardroom, 2015, pp 66-92 from Palgrave Macmillan

Abstract: Abstract If you’re a member of the C-Suite, there is no getting around the fact that you have to know your business from front to back. If you are the senior HR professional in the C-Suite, your knowledge of the business should be equal to that of the CEO and the other members of the executive team. Ideally, knowing the business from front to back is something you would have accomplished on the way to the C-Suite. Gaining this vital knowledge requires study and effort. But once it has been done, it places the senior HR professional in a position to operate much more effectively as an executive with responsibility for governing the entire business, not just heading HR.

Keywords: Cash Flow; Balance Sheet; Financial Analyst; Senior Executive; Income Statement (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-45091-3_5

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DOI: 10.1057/9781137450913_5

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