The influence of CHROs on the rest of the C-suite is rising thanks to the function’s elevated role through the pandemic and efforts to define and lead new ways of working. However, HR may be stymied in executing that growing role without effective collaboration with other executive leadership team members.
According to Gartner research, only about a quarter of CHROs strongly believe they have a sound collaborative relationship with their executive leadership team, says Ania Krasniewska, group vice president at Gartner, who spoke at the Gartner ReimagineHR Conference in Orlando, Fla., on Tuesday.
“Unfortunately, what CHROs are telling us is that the percentage of [HR leaders] out there with highly collaborative relationships with their executive teams is not very high,” says Krasniewska.
The benefits of strengthening such collaboration can be significant, she notes. The ROI can include better revenue growth, higher shareholder return and improved non-financial metrics, like relationship-building among executives.
Krasniewska recently sat down with HR Executive in a video interview to discuss why collaboration is lacking and how HR leaders can improve their work with other C-suite executives, from chief financial officers to chief marketing officers.
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