The Critical Relationship Between the CEO and Human Resources

 

In many ways, the economic troubles of the Great Recession have served to shine a spotlight on workforce management issues for many executives, and many leaders found that their organizations were not as nimble or flexible as they would like. Download this white paper on how to help executives make well-informed workforce decisions.

For today’s CEOs, new technologies and a workforce that is evolving as Millennials come of age are rapidly changing the business landscape. New business models that companies are beginning to implement in order to adapt require new talent with new skill sets. CEOs are focused on making sure the proper talent is in place, and 62% were planning on increasing headcount in 2014; however, 70% of CEOs polled were also concerned about the availability of key skills.

This highlights the fact that it’s a never-ending battle to attract and retain the right people, and key employee retention is becoming a major challenge for organizations. Increased voluntary turnover is resulting in pressure to hire quickly, resulting in a recent drop in hiring quality. To combat high-performer turnover, poor hiring quality, and rising work costs, companies are looking for a greater return on their workforce investment by acquiring HR tools to help with:

  • Talent management
  • Leadership
  • Workforce planning
  • Advanced workforce analytics

 

 

 

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