91% of HR leaders think they have the skills to be CEOs but only 13% are prioritising financial performance, our research reveals.
The last year or so has been challenging, to say the least. HR leaders told us they feel stressed, burnt out and are considering leaving the profession. 95% of HR leaders say working in HR is simply too much work and stress.
HR leaders told us that, in the future, their experience makes them the perfect candidate to be future CEOs – and current business leaders agree. HR leaders today, however, told us they're stuck on admin and process – preventing them from becoming more strategic.
Despite acknowledging that automation and analytics free up HR teams' time to focus on the more strategic things, many HR leaders told us they're not where they want to be when it comes to reaping the rewards of HR technology investment. Just 59% are currently using HR analytics and 54% automation.
The speed of change in HR in recent years has been eye-watering, thanks to the pandemic and seismic shifts in the workplace – and the world itself. 91% of HR and C-suite leaders say HR’s role has changed dramatically over the past five years.
I've shifted away from 'Human Resources'. I now use 'People and Culture' because that is a truer description of who we are and our work.
Daphne Logan
Senior VP People and Culture, Start Early
The HR skillset has changed. We need to upskill HR for the new era.
Shiva Narayan
CEO, iBank
HR people need to have more confidence. Their understanding and empathy are key today. Ultimately, HR are going to help companies become winners.
Eszter Lantos
Head of People, TCC Global
Things are changing so fast. We've seen as much change in the last five years as in the previous 10 or 15.
Rob Wiseltier
CFO, The Channel Company
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