70% of CEOs would like greater involvement of HR in the top management of companies. 56% see the key problem which can harm the company financially within the next 12 months in an insufficient amount of talent. Only 55% of the CEOs surveyed, however, consider HR directors as key players in corporate strategic planning.
What CFOs think
75% of CFOs would like greater involvement of HR in the top management of companies. Only 30% of the CFOs surveyed, however, consider HR as a key player in corporate strategic planning. 37% of CFOs believe that HR does not understand how business works at all.
What HR directors should do
If HR is to shift from a supporting to a strategic role in the top management of companies, HR directors need to enhance their influence in the following areas:
Developing personal relationships with the CEO.
Taking an active responsibility for ensuring that the entire team of top managers works well as a team.
Persuading colleagues with suggestions on how to better prepare the organization for implementation of the strategy, which calls for understanding of the company's business operation.
Putting pressure on integrating HR into the c-level management negotiations.
Focusing on topics that are crucial for the CFO.
Taking initiative for making HR a part of the strategic planning.
-kk-
Article source Oracle - leading company providing business hardware and software systems