HR Updates & News

As an HR Tech company we are super excited about innovations happening all around us. But the truth is, today companies can buy or develop tech solutions fast. The real competitive advantage comes when the organisation is ready to change and employees happily embrace these innovations.

And the person CEOs look to for bringing this kind of leverage is-- The CHRO!

Through this edition of the newsletter, I wish to give a special message: CHROs are a must in all organisations. Even small and medium-sized businesses must have a wise man, or a woman, taking care of the strategic side of HR!

CHRO is much more than just the head of HR!

Many people get misled by the job designation.?

Chief HR Officer sounds as if CHRO is just the head of HR function. But in reality, a CHRO is primarily a strategic advisor to CEOs and other CXOs. It's a business leader role. A CHRO makes sure the business objectives are aligned with current and future human resource objectives.

They make sure the organisational structure, policies and culture are ready for sustained growth.?

Here is what a CHRO brings to the table-- Or the board!

A CEO or business owner can have a great vision. But he or she can't achieve it alone. A big dream demands bigger capabilities. And a CHRO makes that possible!

Here is how CHROs make a difference.

• Alignment?of business vision and goals with organisation's human resources competencies and skills.?
• Work culture creation?for envisioned goals.
• Organisational structure innovations?for competitive advantage.

But most importantly, a CHRO creates a?human resources strategy?for achieving these goals. To give some examples--

OpportuneHR?E2-O: Empower Each Other?is the theme helping us grow fast.?It is about creating organisational capability through enabling others in the organisation... Everyone is a mentor. From town hall meetings to weekly sessions, E2O is delivering great results for us.

Expert Quote!

A CEO bears the crucial responsibility of building the organization's capability for sustainable growth, and building a culture that fosters?a healthy?work environment. This constitutes more than 80% of their role.

That's why the CHRO stands as the most essential strategic partner and advisor to the CEO, MD, or a business owner. A wiser CEO will cherish a CHRO who is capable of delivering such partnership and ownership.

Fractional CHRO: CHRO for the Startups and SMEs

A question often asked is: Should startups and SME businesses go for a CHRO? The answer is a definite yes. In fact, the early phase of the business is the best time to create the right policies and work-culture of an organisation.

Now, small and medium businesses can't afford a senior HR professional, so a fractional CHRO can fill the gap. A senior HR leader plays the role of a mentor and coach to business owners. He or she can help with acquiring the right senior professionals, and creating HR policies and salary packages, which can help small business take a leap.

Here is more on fractional CHRO services.?

Dive Deeper...

Here are resources for you to gain a deeper understanding of CHRO roles and responsibilities--

Book: To get deep learning about Netflix's Freedom and Responsibility strategy,?click here!

Expert articles:

Why your company needs a CHRO?

McKinsey:?Changing roles of a CHRO

Why Chief HR Officers make great CEOs?

Forbes: 15 ways fractional CHROs can help you achieve company goals?

Video:

Here is an insightful video explaining the roles that a CHRO plays.

Click Here!

Do share your recommendations, insights and thoughts with us:

[email protected]

www.opportuneHR.com

Linkedin:?https://www.dhirubhai.net/company/opportune