Human Resources and Finance are often perceived as opposite functions. They don’t speak the same language – HR understands the language of people and its impact, while finance understands the language of numbers and ROI. Their core values are different too – HR values people as their best asset, while finance values assets that can be easily quantified.

 

To bridge this gap, it is important for HR Professionals to gain an insight into financial concepts and methodologies. An understanding of Finance can also help HR better manage its own financial resources as well as determine how it can contribute towards the overall value creation efforts of the business.