A clear view of the changing priorities and challenges faced by CHROs will enable other members of the C-suite to collaborate more effectively and leverage HR’s potential to achieve business objectives.
CHROs are prioritising more visualisations and building infrastructure like data lakes to support deeper analytics and heavily focused on applying technology to clean up and collect data.
Executives are focused on managing growth and seeking ways to scale the HR function in tandem with business expansion.
Succession planning, often integrated with performance management and talent assessment for the leadership pipeline, was frequently a top priority but a weak process.
EVPs are crucial for high-growth organisations as they communicate the organisation’s story to current employees and potential candidates.
To maximise their impact, CHROs must leverage advanced HR technology, foster a data-driven approach and cultivate a culture of innovation and adaptability.
CHROs can transform HR into a powerful driver of organisational success.
The CHROs aim to foster a deeper appreciation for the transformative power of HR and to encourage a more integrated, data-driven approach to people management that aligns with the overall business strategy.
Several CHROs noted that organisational design was either neglected or poorly managed by leaders without proper governance.
By focusing on effective change management, robust succession planning and alignment with business objectives, CHROs can transform HR into a powerful driver of organisational success.