According to a study by Cornell University, only 36 percent of CHROs in the U.S. were promoted from within their organization, while 54 percent were hired from outside. The same study finds that 65 percent of CEOs and 54 percent of CFOs were promoted from within.
If you don’t find this discrepancy disturbing, you should. These findings suggest that strong internal candidates for the top HR role are being overlooked.
When HR leaders take the time to develop an HR succession plan, they save companies the time and expenses associated with finding outside candidates and also elevate the overall talent of HR.
In this presentation, Patti Johnson, CEO of PeopleResults, and Michael Peel, CHRO & Administrative Officer for Yale University, dissect what often gets in the way of HR execs being promoted from within and what HR leaders should be doing to groom potential successors.
This webinar is intended not only for HR leaders, but also for high-potential HR talent who hope to one day assume the top HR spot at their organizations.
CEO of People Results
CHRO and Administrative Officer for Yale University