Mobile Strip
Home / Blog / The New Role for CHROs in 2019 and Beyond

The New Role for CHROs in 2019 and Beyond

6 min read

The Importance Of HR Has Seen A Dramatic Increase In The Past Few Years, As Talent Becomes The Number 1 Priority In Organizations.

The rapid pace of change in the world of work is shattering stereotypes and expanding roles for the CHRO.

The role of a CHRO is one of the most important in any organization. Today, their contribution and collaboration with the CEO matter more than ever. CEOs have often been distracted from HR concerns, but 2019 is going to the year of embracing the expertise of CHROs for strategic growth. Just like the CFOs have become the new finance experts after the introduction of analytics in businesses, CHROs can help businesses build the new world of work.

Here are some of the roles that a CHRO will take over in the coming times:

Strategic Decision Making Through Data Analytics

Data analytics is seeping into every department of an organization and HR isn’t behind. Today, organizations are defining their competitive edge by using data insights to make powerful strategies.

CHROs are also going to be catalysts in making decisions based on analytics. They have the ability to leverage data, understand its implications and use it to ask the right questions. By using data-driven insights, CHROs can build work environments that incentivize people to stay. These same insights can also help make the existing talent management strategies much more effective by knowing when to hire, whom to hire and what to implement to retain the best talent. It can also help finance teams by telling them how much compensation is adequate not just for candidate satisfaction, but also from the point of view of the company’s financial goals.

Diagnosing People Problems

CHROs can help CEOs identify and look beyond the obvious problems. Most reasons for misses are related to people problems. The numbers seen through data should be linked with the company’s social system and how people work together.

A correct diagnosis will throw light on the right cause and also suggest a remedy. This would include factors such as reward programs, leadership quality, employee growth and more. Core issues within the organization that often go unnoticed can be pinpointed and worked upon as soon as they come to notice with the intuition and people expertise of a CHRO.

Setting The Agenda For Workplace Culture

Workplace culture triumphs compensation as a factor of employee retention. The world of work is changing with a new composition of the workforce, burgeoning technologies and a scarcity of good talent. As such, the culture of a workplace has come to determine the longevity and growth of companies.

CHROs are the catalysts of the much-needed changes that existing cultures demand. Their expertise in helping a company build a culturally harmonious workplace cannot be questioned. CHROs can help organizations take diversity and inclusion seriously. The rise of a global political environment has escalated the issue of employee sensitivity to diversity and inclusion. Burning issues such as immigration challenges, nationalism, race, gender have seen a massive steer in the discussion of these topics. The engagement and awareness of such issues in social media has brought every place under scrutiny.

Building A New Age, Agile Organizational Structure

Organizations can no longer rely on traditional and static models to carry out their functions. An agile approach is a must to survive the competition, and CHROs should steer such initiatives. CHROs can choose the right strategies and technologies to design workforce models that can help organizations hire and retain better, adjust in real time and be dynamic in their approach.

For example, recruitment can no longer rely on old ways of sourcing, hiring and retaining talent. CHROs can take the lead in adjusting recruitment strategies in a way that fits the current gig economy of workers and full-time employees, by setting up processes that facilitate new work environments. This would include choosing and optimizing the right technology to bring all processes of HE under one umbrella and make it easier for everyone to see through it transparently. CHROs need to break down traditional models that deny the scope of flexibility and create nimble structures.


The role of CEO matters here because it is they who can give the real boost to CHROs to elevate organizations. Because let’s face it, only the CEO can elevate HR and bridge any gaps that might prevent the CHRO from becoming a strategic partner. For this, the CHRO needs to be freed from administrative and day to day activities and be given the chance to make a difference in fields related to talent management, performance, engagement and more. Such kind of support will be the foundation of a new wave of shifts in career paths for HR executives everywhere.

Table of Contents

    Meet the author

    Keka Editorial Team

    A bunch of inspired, creative and ambitious youngsters- that’s Keka’s editorial team for you. We have a thirst to learn new subjects and curate diverse pieces for our readers. Our deep understanding and knowledge of Human Resources has enabled us to answer almost every question pertaining to this department. If not seen finding ways to simplify the HR world, they can be found striking conversations with anyone and everyone , petting dogs, obsessing over gadgets, or baking cakes.

    Email

    Thank you for Subscribing!

    Related articles

    How to Write a Warning Letter to Employee With Templates
    Parismita Goswami 14 min read

    A warning letter to an employee is serious but does not have to be dreary. Here's a quick rundown of how to design better warning letters with some sample templates to help you.

    What is an HR Strategy and How to Create One?
    Parismita Goswami 24 min read

    HR strategy is integral to organizational success. This blog explores and emphasizes the importance of creating the perfect HR Strategy, with insights to align them with business goals, growth and employee satisfaction.

    Keka HR Conclave Ahmedabad: Diversity at Workplace a Boost for L&D Efforts
    Keka Editorial Team 5 min read

    Diversity in organizations boosted learning and development of employees as it promoted a variety of viewpoints and working styles said a speaker at the Keka HR Conclave in Ahmedabad  Anusha Sharma HR Head Amara Learning Spaces Private Limited suggested that having diversity at workplace lent a glo

    cookie image

    By clicking “Accept", you consent to our website's use of cookies to give you the most relevant experience by remembering your preferences and repeat visits. You may visit "cookie policy” to know more about cookies we use.