CHROs: An Underutilized Resource for Corporate Boards
Written by Jeff Hodge and Bob Lambert
Executive Director, Lisa Connell
Managing Editor, Mary Barnes
Chief Human Resources Officers (CHROs) represent an untapped resource regarding corporate governance, which could add significant effectiveness to many corporate boards.The strongest CHROs, by virtue of their strategic view of inter-related issues across the breadth of the enterprise and their deep knowledge and understanding of all aspects of talent would add substantially to the dialogue at the board level. Outstanding CHROs understand all aspects of how companies work and interact, while often being a key, guiding hand when major transformations are taking place involving all manner of change—from significant acquisitions to layoffs. They understand the implications of cultural change and how to keep the company on track to a desired outcome.