- Posted inStatistics and trends
- on14 Jan 2016
Despite boards consistently ranking human capital as a top priority, two thirds of HR professionals believe the chief HR leader is undervalued by the CEO, and almost half believe the HR leader is considered less important to the board than the top financial leader such as the CFO. This is according to the sixth annual Harvey Nash Human Resources Survey, representing the views of 1,253 HR leaders from over thirty countries.
When assessing how HR is seen by the wider business, beyond the board, two-thirds of HR leaders are happy with the image and reputation of their function, suggesting that whilst operationally HR is performing well, its strategic value is not being fully seen by the top tier of the organisation.
The survey reveals differences in approaches between the HR leaders who feel valued and undervalued by the board, with the valued leaders being more likely to:
- Focus on employee engagement as a strategy (64% versus 58% for undervalued HR Leaders)
- Develop Very Strong relationships with the operations of the business (62% vs 50%) and Sales (39% vs 28%)
- Consider Culture and Values the single most important function of HR (27% vs 22%)
- Want HR to assume direct responsibility for HR …Read More
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