The Importance of Choosing the Right CHRO
It's crucial for you to understand that the CHRO you choose will serve as your long-term trusted business counsel as the organization's CEO. The chief human resources officer (CHRO) is largely responsible for generating corporate value through non-bureaucratic processes that enable the identification and development of elite talent. The CEO is solely responsible for defining the CHRO's function inside the firm, allowing the CEO to look for qualities that meet their standards. The CEOs and CFOs of the business are in charge of creating the corporate strategic plans, but in order for these plans to be successful, they require the expertise of the CHROs in personnel management. The CHRO should possess the knowledge that allows for the maximum utilization of human capital to create value (Wright et al., 2010).
Essential Qualities of a CHRO
The CHRO should possess analytical capabilities to allow for the analysis, monitoring, and identification of strategic gaps, risks, and requirements that can allow for the building on the human capital capabilities. The role of CHROs is usually collaborative as they have to work closely with other executives and workers to allow for the development of suitable strategies. Being knowledgeable is another attribute that can help influence performance. Understanding the shifting industrial needs allows for strategic planning that allows for the optimal performance by the human business capital. Experience should be another main point of consideration as it demonstrates the CHRO's ability to advise on a critical decision. The experience further allows for the CHRO to demonstrate strong management capabilities and their ability to deliver transformational change where necessary. A suitable CHRO candidate should be experienced in policy development and implementation of important human resource procedures and strategies.
Communication and Interpersonal Skills
The CHRO should exhibit excellent communication skills both verbally and written as this provides for effective liaison between CHRO and other executive officers. At the same time, the CHRO should have good interpersonal skills that allow for excellent negotiation, problem-solving and persuasive skills. They should also exhibit proactive attributes extending beyond the call of duty with the ability to maintain composure in times of stress and uncertainty.
Works Cited
Wright, Patrick M., et al. The chief HR officer: Defining the new role of human resource leaders. John Wiley & Sons, 2011.
