Are Today’s HR Leaders Ready for Tomorrow’s Challenges?
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July 20, 2021
Career TransitionsCareer AdviceLeadership StrategiesLeadershipHuman ResourcesExecutive Search
Executive Summary
Article based on the paper "FTSE 350 CHROs: Are today's HR leaders ready for tomorrow's challenges?"
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Excerpt from the article originally published by Hunt Scanlon Media

A new Russell Reynolds Associates report highlights three important trends in how CHRO appointments have evolved over the years, and since the start of the pandemic. The firm also examines key considerations for boards, CEOs and CHROs as they hire and develop the next generation of HR leaders. Let’s explore the search firm’s findings.

The future of work will be different from the past. But the extent to which the future of work relies on HR leaders has also never been clearer, according to a new report by Russell Reynolds Associates’ Anna Penfold, Harsonal Sachar and Alix Stuart. The pandemic has accelerated a move to a distributed workforce, redefining the office as a hub for creative collaboration and social interaction rather than a daily destination, according to the report’s findings. 

“The shape of the workforce is changing as well, with many leaders concerned about the availability of the skills they need to move strategy forward,” the Russell Reynolds report said. “At the same time, environmental, sustainability and social justice issues have risen to the fore, catalyzing new expectations of employers to take a stand on issues both inside and outside the organization.” 

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