Vision, mission, and values of an organization and applicable legal and regulatory requirements
Strategic planning process
Management functions, including planning, organizing, directing, and controlling
Corporate governance procedures and compliance
Business elements of an organization (for example: products, competition, customers, technology, demographics, culture, processes, safety and security)
Third-party or vendor selection, contract negotiation, and management, including development of requests for proposals (RFPs)
Project management (for example: goals, timetables, deliverables, and procedures)
Technology to support HR activities
Budgeting, accounting, and financial concepts (for example: evaluating financial statements, budgets, accounting terms, and cost management)
Techniques and methods for organizational design (for example: outsourcing, shared services, organizational structures)
Methods of gathering data for strategic planning purposes (for example: Strengths, Weaknesses, Opportunities, and Threats [SWOT], and Political, Economic, Social, and Technological [PEST])
Qualitative and quantitative methods and tools used for analysis, interpretation, and decision making purposes
Change management processes and techniques
Techniques for forecasting, planning, and predicting the impact of HR activities and programs across functional areas
Risk management
How to deal with situations that are uncertain, unclear, or chaotic
