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HR succession planning is broken and your company's next CHRO will probably come from outside

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. s-next-chro-will-probably-come-from-outside.html
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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
"Executives that want to bring in a really transformational CHRO have to go to a headhunter."
The article from Fortune, published on February 12, 2025, discusses the challenges and inefficiencies in HR succession planning, particularly within the role of the Chief Human Resources Officer (CHRO). It highlights that a significant number of CHROs are hired from outside the company rather than being promoted internally, which indicates a failure in succession planning. The piece points out that only 30% of CHROs were promoted internally in the last year, a stark contrast to other C-suite positions like CFOs, where internal promotions are more common. The article suggests that this external hiring trend reflects broader issues in identifying and developing internal talent for top HR roles, potentially due to a lack of strategic focus on HR leadership development and the complexities of the CHRO role itself. It calls for companies to reassess their approach to grooming future HR leaders to ensure a more robust and effective succession pipeline.

Read the Full Fortune Article at:
[ https://fortune.com/2025/02/12/hr-succession-planning-broken-chro-hired-outside/ ]