Technology is rapidly evolving and so is the future of human resources which means that the most important role of Chief Human Resource Officers is changing too. They are responsible for executing and developing HR strategies in support of the overall strategic direction and business plan of the company. This requires a blend of experience, education, and competencies. Let us evaluate further about these requirements.
What are the roles and responsibilities of a Chief Human Resources Officer?
CHROs today play a vital role in the corporate world to influence the intangibles of the workforce and change them into specific, real tangibles. They are accountable for the entire human resource department, which includes supervising HR directors, administrations, career development, and so on.
Primary duties of a CHRO
A CHRO’s role is to implement and design a talent strategy for the entire organization. This encompasses developing, hiring, recruiting, and retaining employees.
Here are the various responsibilities in this regard:
- Develop HR policies for countries, regions, and branches
- Evaluate the effectiveness of human capital policies and tools
- Ensure that HR plans align with business objectives and mission
- Supervise human resource directors.
What are the skills of a CHRO?
Today, organizations look for CHRO’s who bring deep understanding skills and proficient ability to:
Build and sell your vision
CHRO’s aiming to transform the HR processes needs to communicate their vision to gain buy-ins from stakeholders across the organization. This includes illuminating a growth and hiring strategy that accounts for changing dynamics at work.
Know your workforce
The workforce often complains about being entangled under too many professional responsibilities. Yet, according to Harvard Business Review, only 18 percent of Chief Human Resources Officers rank reconfiguring and rethinking company structures as a priority within the next few years. CHRO’s role needs to be sensitive to the requirements and needs of their workers, be it entry-level employees or mid-level talent managers.
Identify drivers for company culture
A CHRO is responsible to set programs, policies, and strategies to institutionalize desired principles for business operations. This leader must understand how people in a company can drive the set principles and continually reinforce them. Leaders and CEOs, who understand the right organizational culture that drives success, rely on Chief Human Resources Officer to help make it real.
A strategic vision is important for Chief Human Resources Officers to be essential in the boardroom. According to Peter Cappelli ( professor of management at the Wharton School), “ Assisting the CEO to make decisions or judgments about the top job is the right influence path”. This calls for a combination of data science and business savvy. For instance: – BankX, seeks to integrate blockchain into its operations. Here, the CHRO of the bank will need predictive modeling tools to answer important strategic questions like: How many blockchain experts are required to transform processes? Where and how can they be recruited?
How do you become a CHRO?
The CHRO role is viewed as the most senior human resource position within HR, and to reach this position one needs to invest years of dedication, persistence, and patience. Although there is no typical career path to becoming a Chief Human Resources Officer, these are the usual educational qualifications and experience levels preferred to be met.
Educational qualifications and experience
- Get a master’s degree in strategic management, human resource management, business administration, or any other related field from an accredited university.
- D. in the related fields is also preferred
- Previous work experience as an HR professional or a talent manager at a senior level with experience in strategic planning, recruiting, HR development, and other leadership abilities.
According to Gartner, more than 55 percent of Chief Human Resources Officers have the required key skills as they are certified. Along with a degree in business administration certifications can be of great advantage while applying for various positions in the human resource field. They improve your chances of successfully landing a CHRO role. If you are an HR professional or a manager, earning any of the below-mentioned certifications will be a stepping stone toward becoming a CHRO.
- Senior Professional in Human Resources (SPHR) by the Human Resource Certification Institute (HRCI)
- Global Talent Management Leader (GTMLTM) by the Talent Management Institute (TMI)
- SHRM Senior Certified Professional (SHRM SCP) by the Society for Human Resource Management (SHRM)