HR Leaders Must Build A Human Capital Strategy To Navigate Critical Moments
Gartner, Wednesday, August 14th, 2024
Organizations are navigating critical changes from digitization brought by new technologies such as AI, to cost cutting approaches, hyper-growth settings, environmental, social, and governance (ESG) demands and more.
Chief human resource officers (CHROs) must develop a human capital strategy for these different scenarios that builds confidence among leadership and demonstrates the value of HR.
To do so, HR leaders need to identify a number of factors: the scenario's assumptions within which they operate, the initiatives to prioritize and the metrics that determine success. Gartner has identified nine business scenarios that CHROs should develop a strategy around.