- The amount of complexity that organizations face has increased due to economical, technological, and global changes.
- As a result, CHROs are being met with increased expectations and are having to play multiple roles inside the organization.
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Our Advice
Critical Insight
- It can be difficult for CHROs to take the time and initiative to invest in their own development, as they are often focused on multiple priorities. However, it is critical for success in their role and progression of their career that they make their development a priority.
- Identifying the competencies that are necessary for success as CHRO, and selecting development opportunities that are going to be most useful in developing those competencies, can be a challenging undertaking.
- However, CHROs must develop competencies that enable them to perform in the key roles of trusted advisor to the CEO and executive team, as well as organizational leader who is actively looking to deliver value for the organization rather than narrowly focusing on the functional role of the HR department.
- The most commonly cited expectation of CHROs is having the ability to drive alignment with organizational strategies and deliver results that impact the bottom-line of the organization.
Impact and Result
- In order to meet the expectations of the CEO and other members of the C-suite, CHROs must first establish credibility through demonstrating their ability to successfully lead their own HR function.
- Developing competencies within the three areas of strategic thinking, dynamic learning mindset, and collaborative skills will help to obtain the skills and knowledge necessary to be effective in their role.
- Use a 360 degree feedback survey to identify opportunities for growth. CHROs can also loop in their manager or mentor to gain an additional opinion on what is most important for them to focus on for development.
- CHROs should create and use a leadership brand to communicate the value and impact the investment in their own development brings their team and organization.