New data indicates that more than 90% of CEOs say HR should have a hand in developing an organisation’s future of work strategy.
However, in most cases, the people team is not leading the organisation’s future of work initiatives.
A September 2024 IBM Institute for Business Value and Oracle report identified a group of forward-thinking organisations that are already succeeding with their strategic approach.
IBM and Oracle found that what sets these organisations apart is their comprehensive planning approach.
These “visionary” organisations report immediate ROI from their future of work strategies.
HR leaders have a crucial role in shaping their organisation’s future of work strategy.
IBM and Oracle researchers predict that success will depend on HR’s ability to champion change, develop talent and create environments where both people and technology thrive.
Here are areas where CHROs and their teams can have an impact: Talent development and management, employee experience enhancement, technology integration, change management, and skill development.
Creating environments that support continuous learning and leveraging AI to provide personalised development opportunities are key.
The study highlighted the importance of recognising employees with natural potential.