People Before Strategy: A New Role for the CHRO
Just as the CFO helps the CEO lead the business by raising and allocating financial resources, the CHRO should help the CEO by building and assigning talent, especially key people, and working to unleash the organization’s energy.
Many HR processes tend to treat all employees the same way, but in our observation, 2% of the people in a business drive 98% of the impact.
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Although coaching can be helpful, particularly when it focuses on one or two things that are preventing individuals from reaching their potential, it has its limits. Nothing overcomes a poor fit. A wide gap between a leader’s talents and the job requirements creates problems for the leader, her boss, her peers, and her reports. So before severe damage is done, the CHRO should take the initiative to identify gaps in behavior or skills, especially among those 2% and as job requirements change.
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People Before Strategy: A New Role for the CHRO
The CEO should make the human resources leader a true partner.