Senior Professional in Human Resources: Business Planning

  • 7 videos | 31m 46s
  • Includes Assessment
  • Earns a Badge
  • Certification CPE
Many great ideas turn into successful businesses, but first the idea must be developed. In this course, you'll discover the considerations that are made regarding the external environment in order to create thriving businesses. In addition, you'll learn about the tools used to measure effectiveness. This course can be used in preparation for the HR Certification Institute(r) (HRCI(r)) SPHR(r) certification exam.


  • discover the key concepts covered in this course
    identify the factors impacting the business environment
    identify the different types of legal structures of how a business can organize
    define the key business elements that impact the environment
  • identify the effects of competition on the business
    identify and classify the types of business stakeholders
    summarize the key concepts covered in this course


  • 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
  • 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
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    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
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    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
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    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
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    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
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    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


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