Document Type
Report
Abstract
The 2021 HR@Moore Survey of CHROs examined a number of aspects of the CHRO role, ELT and Board climate, and CEO Generativity. Results showed that the COVID crisis may have resulted in CHROs spending more time as a Strategic Advisor. In addition, over time CHROs are spending less time with the board around executive compensation and more time on CEO and executive succession. In addition, many reported spending time with the board on DE&I issues. Finally, CHROs continue to come into their role as direct outside hires, and while more CFOs are internally promoted, relative to CHROs, the number of outside CFO hires is rising. Our results show that boards tend to exhibit both higher average levels of cohesion and diversity and inclusion climate relative to Executive Leadership Teams (ELT). Finally, a CEO’s Generativity, or the degree to which he or she shows concerns for future generations, continues to show positive relationships with both Board and ELT climate as well as CEO succession commitment and effectiveness. However, unlike last year’s survey, generativity was not related to the diversity (in terms of both women and racial minorities) of the ELT and both the short-term and long-term CEO succession pipeline. The HR@Moore Survey has examined the changing Chief Human Resource Officer (CHRO) role for over 10 years. In addition, for the past 2 years the survey has asked CHROs to report their CEO’s “Generativity,” a characteristic describing the extent to which the CEO engages in acts which promote the wellbeing of younger generations to ensure the company’s long-term survival. The 2021 survey was sent to almost 400 CHROs and 150 of them responded. This report summarizes the results regarding the CHRO’s time spent in a variety of roles and dealing with a number of issues. In addition, in a follow-up to last year’s survey, we again report on CEO Generativity and its relationships with a number of aspects of the Executive Leadership Team and talent pipeline.
Publication Date
2021
Disciplines
Business
Copyright
© 2021, University of South Carolina
Publication Info
2021.