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Based on their findings, Ulrich and Filler recommend that companies consider the CHRO when looking to fill the CEO position. Of course, it shouldn’t be news to HRE readers that today’s CHROs are a far cry from the HR honchos of yore. They wanted to determine the importance of the CHRO relative to other C-suite positions.
The breakdown of participants looks like: CHRO and Vice President of HR: 30%. Over the course of a 90 day period (Ending on 5 September 2019), we collected survey responses from 542 individuals. We used email lists to target HR executives. We did not purchase any responses. Director Talent Acquisition: 12%. Recruiting: 17%. L&D: 9%.
When an employee feels motivated, they’re 43% more productive ( Murlis and Schubert 2001 ), and drive 21% more profit. Companies with strong communication skills see a 25% lift in employee productivity and 47% higher returns to shareholders over a 5-year period. ( Baldoni 2009 ). Employee Experience. Smarp 2019 ). Gaille 2017 ).
Does that mean your CHRO, the go-to expert on people and talent, might be the best choice when selecting a new president or CEO for your company? She was vice president of global human resources from 2009 to 2011 and was named CEO in January 2014. CEO of: Dunkin' Brands Group (2009-Present). CEO of: Xerox (2001-2009).
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