HRCS Development Guide The following (Figures A through A 20) Temples of events for each of the 20 factors within the competency dom the HRS Development Guide for a complete list) Strategic Positioner Interpreting global business context Figure 1.1 Know and Do: o identify the global business requirements and implications for your organization o Grasp the external political environment Be able to clarify social issues that may impact your industry and company Development Ideas: 1o Prepare a three-page memo on the context of the industry and culture in which your business primarily operates. Take into account all stakeholders: investors, customers, communities, regulators, partners, employees, and line managers. Prepare a presentation on the demographic trends that will affect how your department crafts HR practices within your business. interview an investment analyst who is a specialist in your company's industry about the factors that constitute wealth creation in your industry