All successful corporations use HR strategically, not just to manage administration and other mundane HR tasks. CEOs are interested in growth, profits, innovation, and the ability to retain customers. HR is at a key position to help the CEO attain all of these objectives. To do this your time in the HR leadership role should consist of the following:
- discussing talent, retention, and talent development and pipeline candidates;
- compensation and competitive intersections of market and attaining the best talent;
- benefits, maintaining a competitive package and harnessing costs, especially health and 401K and pensions;
- identifying integration acquisitions quickly;
- anticipating critical business events and regulatory issues;
- guiding and maintaining a daily interaction with the CEO and key business leaders;
- understanding the dynamics of the economy and how they impact the business;
- and finally enabling growth drivers at the employee and business levels.
Are you doing these key functions on a daily basis? Let me know your thoughts.
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