Here's why the CEO and CHRO need to have a trust-based partnership
If people are the key contributors to business success, the relationship between the CEO, the driver of business strategy, and the CHRO, the driver of people policies become very critical.
A CHRO is expected to connect the dots and predict patterns in the organization. And this requires one to step out of the realm of traditional expectations from HR and embrace a more strategic business role. If people are the key contributors to business success, the relationship between the CEO, the driver of business strategy, and the CHRO, the driver of people policies becomes very critical for a thriving enterprise. There has to be a strong trust-based partnership and bonding between both the leaders. Below are some of CEO’s expectations from the CHRO (though not an exhaustive list) are:
To be a trusted advisor and partner
CHRO should be a key advisor to all strategic business decisions, with the ability to advice on the talent needs and having the capacity to execute the strategic decisions successfully. For this, the CHRO has to have a good understanding of the business imperatives and the talent capacity. That requires the CHRO to not just be bound by the functional res...
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