The Football Association Commission, which also includes FA chairman Greg Dyke, deputy chairman Roger Burden, Howard Wilkinson (LMA), Ritchie Humphreys (PFA), Greg Clarke from the Football League, Dario Gradi and Danny Mills, is tasked with improving all aspects of the English game.
"Glenn Hoddle is a fantastic choice," Redknapp told talkSPORT. "He wants to play the game what I call the right way. He wants people with ability to pass the ball, he wants to play from the back.
"We go to European Championships and World Cups and we don't play. We give the ball away, turn it over too easily, other teams keep the ball against us and we end up getting football lessons.
"I love watching Swansea play, I loved watching Wigan last season under Roberto Martinez, even though they got relegated, because the football they played was fantastic. That's how I want to see England play."
FA chairman Dyke has said that he is hoping to confirm a panel of 10 members and revealed that he is speaking to a few people about filling the remaining two slots.
When asked directly if he would be willing to participate, the 66-year-old added: "Yeah, I'd do anything to help. In that situation if [Dyke] felt I could be of some use certainly I would, yeah."
Hoddle coached England between 1996 and 1999.