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Future CEOs may emerge from HR departments
By
siliconindia news bureau
Bangalore: Successful officers from marketing and finance departments were so far finding it easy to make it to the top posts like CEO or COO, but the present time suggests human resource (HR) directors to be having more qualities to take up such prestigious positions.
In a tough economic situation companies are more conscious about employee relations and development. Leaders with strong people skills who can drive their work force to achieve high levels of performance are in great demand. As poor financial condition forces most of the companies to have most talented people, the role of the officers who have good HR skills costs much, reported The Economic Times.
As a result, HR directors and chief talent officers are now being observed and even groomed for the CEO role.
According to a joint survey conducted among 50 Asia Pacific CEOs across industries by Korn/Ferry International and the Economist Intelligence Unit, most respondents listed strong people development skills as key competency that will be more important for the Asia Pacific CEO in the next three years. The survey also finds that CEO's in the region spend more time on staff management and development than on engaging with customers or strategic planning.
HR directors work closely with CEOs on important decision making processes related to hiring, ranging from staffing a newly opened center to find a leader to head recently acquired company on another continent. They also play big role in developing cost cutting plans and integration strategies with various teams like finance and IT. Exposure to important and complicated activities of the organization makes HR directors competent and best brains to lead the company.
Moreover, experiences in maintaining the corporate culture through smart incentives and communication programs, and qualities of integrity, flexibility and innovation make an HR director most suitable for high posts.
In a tough economic situation companies are more conscious about employee relations and development. Leaders with strong people skills who can drive their work force to achieve high levels of performance are in great demand. As poor financial condition forces most of the companies to have most talented people, the role of the officers who have good HR skills costs much, reported The Economic Times.
As a result, HR directors and chief talent officers are now being observed and even groomed for the CEO role.
According to a joint survey conducted among 50 Asia Pacific CEOs across industries by Korn/Ferry International and the Economist Intelligence Unit, most respondents listed strong people development skills as key competency that will be more important for the Asia Pacific CEO in the next three years. The survey also finds that CEO's in the region spend more time on staff management and development than on engaging with customers or strategic planning.
HR directors work closely with CEOs on important decision making processes related to hiring, ranging from staffing a newly opened center to find a leader to head recently acquired company on another continent. They also play big role in developing cost cutting plans and integration strategies with various teams like finance and IT. Exposure to important and complicated activities of the organization makes HR directors competent and best brains to lead the company.
Moreover, experiences in maintaining the corporate culture through smart incentives and communication programs, and qualities of integrity, flexibility and innovation make an HR director most suitable for high posts.
Reader's comments(13)
1
The points are valid that future CEO may emerge from HR departments. But as we
are passing by the complete HR department is getting messed up. If the future
CEO' emerge from HR departments then you will find the actual recession all
over the world. The system is completely getting messed up day by day by the HR
departments. This is verymuch valid that till the HR system becomes stable the
future CEO' cannot emerge from HR departments
are passing by the complete HR department is getting messed up. If the future
CEO' emerge from HR departments then you will find the actual recession all
over the world. The system is completely getting messed up day by day by the HR
departments. This is verymuch valid that till the HR system becomes stable the
future CEO' cannot emerge from HR departments
Posted by:
Tejesh
Friday, December 05, 2008
2
The views expressed is a very important development being perceived within the
corporate world. However, this cannot be applied uniformely to all HR
individuals simply slogging routinely within the HR Department. This applies to
such thoroughly bred HR Professionals who first align himselves with the
business of the organisation, learn the business and then evolve commensurate HR
Policies and practices. This provides a deep insight and knowledge about
physical as well as financial aspects of the organisation in order to
successfully implement and execute the so framed HR Policies and other
interventional programme. Having done so and after acquiring such tremendous
expertise and knowledge, HR professionals will certainly emerge as future CEOs
but infact they have had been excellent CEOs whereever they have got such
opportunities.
corporate world. However, this cannot be applied uniformely to all HR
individuals simply slogging routinely within the HR Department. This applies to
such thoroughly bred HR Professionals who first align himselves with the
business of the organisation, learn the business and then evolve commensurate HR
Policies and practices. This provides a deep insight and knowledge about
physical as well as financial aspects of the organisation in order to
successfully implement and execute the so framed HR Policies and other
interventional programme. Having done so and after acquiring such tremendous
expertise and knowledge, HR professionals will certainly emerge as future CEOs
but infact they have had been excellent CEOs whereever they have got such
opportunities.
Posted by:
Rajeev Bhardwaj
Friday, November 28, 2008
3
I TOTALLY AGREE WITH THE AUTHOR.HR PROFFESIONALS TRULY DESERVE TO BE ON THE TOP
POSITIONS.. CHEERS
POSITIONS.. CHEERS
Posted by:
TANUJ
Thursday, November 27, 2008
4
I would be concerned that a CEO would come from the HR ranks. Unless they are
not steeped in compliance. Do they truly have a mind for positioning, strategy,
business development or are they focused on risk abatement? Have not met too
many HR types that can be in the right mind set.
not steeped in compliance. Do they truly have a mind for positioning, strategy,
business development or are they focused on risk abatement? Have not met too
many HR types that can be in the right mind set.
Posted by:
John Inman
Thursday, November 27, 2008
5
I completely agree with the authors opionion. This is a great honor to all HR
professionals of the world. I always felt that HR people have generally under
projected their capabilities to lead an organisation. People believe that HR and
OD in any organisation is successful and enjoys maximum reach only when it is
driven from the top. Now if the top is going comprise of HR and OD executives
things are going to much easier.
professionals of the world. I always felt that HR people have generally under
projected their capabilities to lead an organisation. People believe that HR and
OD in any organisation is successful and enjoys maximum reach only when it is
driven from the top. Now if the top is going comprise of HR and OD executives
things are going to much easier.
Posted by:
Rajini Sriraman
Wednesday, November 26, 2008
6
Interesting enough. This will work only if HR honchos pursue and independent
thinking and deliver accordingly. Unfortunately, HR just tends to toe the CEO's
line !
thinking and deliver accordingly. Unfortunately, HR just tends to toe the CEO's
line !
Posted by:
Uday
Wednesday, November 26, 2008
7
HR proffesionals can be good CEO as they have the inbuilt development skills
which are very important in todays scenario.Development of the employees would
benifit the organization in the long term.Why do you feel today the right talent
is job hopping every year,its just not because of the money, it is because they
feel that whatever the organization wanted from me(employee) i have given it to
them but have received nothing in return.Now people would ask what does someone
wants in return,organization has given you fat pay packages,good incentive but
where does overall development of an employee gone in all this...Every employee
who joins an organizaion wants to gain some new knowledge,develop some new
skills which would be useful to him in the current organization for promotions
and also in New companies he would be switching to.And this is what an CEO form
the HR department would be able to give to the organization.Man Management
Skills,developing all the employees and engaging the employee to work for the
organization are the right skills required for An CEO and Who better than a HR
person possesses these skills.....
which are very important in todays scenario.Development of the employees would
benifit the organization in the long term.Why do you feel today the right talent
is job hopping every year,its just not because of the money, it is because they
feel that whatever the organization wanted from me(employee) i have given it to
them but have received nothing in return.Now people would ask what does someone
wants in return,organization has given you fat pay packages,good incentive but
where does overall development of an employee gone in all this...Every employee
who joins an organizaion wants to gain some new knowledge,develop some new
skills which would be useful to him in the current organization for promotions
and also in New companies he would be switching to.And this is what an CEO form
the HR department would be able to give to the organization.Man Management
Skills,developing all the employees and engaging the employee to work for the
organization are the right skills required for An CEO and Who better than a HR
person possesses these skills.....
Posted by:
Matang Trivedi
Wednesday, November 26, 2008
8
I don't agree on the point that CEO should from HR. In India most of CEO's
forgot there past, they don't know how work with the common people. They only
hear from top level. They don't bothered whether employee come & go. They
think they are very great. They never think in common employee level. They show
some results to the management & they show some results to employees. CEO
take there rewards & go away. I think future CEO should have worked from
ordinary employee. He should have served all levels for stages in an
organisation. Even if he from HR he would haven't know about the other
functions of an organisation. A good CEO is person worked from an employee
level. Whether a CEO, AVP, top most management should not think they can do what
ever they want. They are still worker to an organisation not he owner of an Co.
Since I have seen some CEO who thinks they are great. They even think if CEO
isn't there Co. Co. can't work. But if an low level or middle level employee
don't come for work CEO can't even sit the office.
forgot there past, they don't know how work with the common people. They only
hear from top level. They don't bothered whether employee come & go. They
think they are very great. They never think in common employee level. They show
some results to the management & they show some results to employees. CEO
take there rewards & go away. I think future CEO should have worked from
ordinary employee. He should have served all levels for stages in an
organisation. Even if he from HR he would haven't know about the other
functions of an organisation. A good CEO is person worked from an employee
level. Whether a CEO, AVP, top most management should not think they can do what
ever they want. They are still worker to an organisation not he owner of an Co.
Since I have seen some CEO who thinks they are great. They even think if CEO
isn't there Co. Co. can't work. But if an low level or middle level employee
don't come for work CEO can't even sit the office.
Posted by:
Life
Wednesday, November 26, 2008
9
I fully agree with this & it is a Welcome Move for those who deserves.
Posted by:
G.M.K.Guru
Wednesday, November 26, 2008
10
The articles gives us a new path to think a little differently.
How ever i would beg to differ here. As pointed out above that CEOs are most of
the time involved in staff management and development than strategic planning.
This statement is not true in real sense. The CEO surely involves a lot into
people management activities, but he does that keeping in mind, company's
vision, objectives as well as short and long term goals.
Where to expand the business?, what kind of products are required to strengthen
the business?, whether company should focus on increasing market share or
increase profits?, what kind of government regulations are likely to impact the
company's goals?, How to allocate budgets to advertising and marketing
intitiatives of the company, How to tackel corporate governance?. There are
umpteen questions and issues which come under perview of a CEO.
CEO is one person who is directly responsible for maintaining the profitability
of the company. And that eye for detail is best gained by those executives who
have gained exposure to direct sales and marketing and business development
initiatives.
To expect an HR person to come up with solutions to my above questions will be a
too tall task for him.
HR person does plays an extremely key role in development of an organisation,
but i would still go with old school of thought to have CEO from
marketing/sales/finance background
How ever i would beg to differ here. As pointed out above that CEOs are most of
the time involved in staff management and development than strategic planning.
This statement is not true in real sense. The CEO surely involves a lot into
people management activities, but he does that keeping in mind, company's
vision, objectives as well as short and long term goals.
Where to expand the business?, what kind of products are required to strengthen
the business?, whether company should focus on increasing market share or
increase profits?, what kind of government regulations are likely to impact the
company's goals?, How to allocate budgets to advertising and marketing
intitiatives of the company, How to tackel corporate governance?. There are
umpteen questions and issues which come under perview of a CEO.
CEO is one person who is directly responsible for maintaining the profitability
of the company. And that eye for detail is best gained by those executives who
have gained exposure to direct sales and marketing and business development
initiatives.
To expect an HR person to come up with solutions to my above questions will be a
too tall task for him.
HR person does plays an extremely key role in development of an organisation,
but i would still go with old school of thought to have CEO from
marketing/sales/finance background
Posted by:
Shad Zaman
Wednesday, November 26, 2008
11
I agreee to your last point partially - not only HR but it has to be an
outstanding guy from any field who should take up the CEO role.
I am completely in agreement to the other thought that you have on the present
condition - it is primarlity due to the greed and irratioal risk taking by some
people at the top which has eroded shareholders value.
outstanding guy from any field who should take up the CEO role.
I am completely in agreement to the other thought that you have on the present
condition - it is primarlity due to the greed and irratioal risk taking by some
people at the top which has eroded shareholders value.
Posted by:
vikas
Wednesday, November 26, 2008
12
It is impractical and a passing "Catch the Straw panic reaction while sinking
" proposition. While competence of HR people are not questioned, to make them
CEO/COO's because of present melt down is not logical or workable.
The present failure is due to greedy set of failure to have integrity and
vision.
what is required is more open.. and bolder ... audit of performances of
CEO/COO's at all levels and weeding out ruthlessly the inefficient and
incompetent one's.
However an odd outstanding HR guy can make to top on his own steam, other
things remaining equal!
" proposition. While competence of HR people are not questioned, to make them
CEO/COO's because of present melt down is not logical or workable.
The present failure is due to greedy set of failure to have integrity and
vision.
what is required is more open.. and bolder ... audit of performances of
CEO/COO's at all levels and weeding out ruthlessly the inefficient and
incompetent one's.
However an odd outstanding HR guy can make to top on his own steam, other
things remaining equal!
Posted by:
bob bob
Tuesday, November 25, 2008
13
Yes , a true move, the time demands it, the head should be able to influence the
employees and should always have some option with him to overcome the crisis.
employees and should always have some option with him to overcome the crisis.
Posted by:
Lallu
Tuesday, November 25, 2008
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