Boards and executive teams have come to rely on their HR Directors as trusted advisors and strategic business partners. But to what extent? How has the role of the HR Director changed, especially post COVID? Which issues are central to their daily work? What impact do their values and experience have on the organization? Which conditions make up their working environment? These are just some of the 30 questions included in the recent survey.

Principal Connections (www.principalconnections.ie) asked 124 people in HR executive positions for their opinions and have published the results in an extensive and inspiring report which captures the views of those who understand the role and function best.

Some takeaways from the research program may have been expected, others quite unforeseen. Four in five feel valued in their current role, yet only three in ten are formal members of the board, even though leadership, strategic vision and EI are the today’s top competencies. HR Directors are now more greatly involved in business transformation and change but employee engagement and retention is the topic most likely to keep them awake at night.

According to Principal Connections: “The role of the HR Director is one of the most important functions for organizations worldwide. HR Directors and their teams lead the way in people-based decision making. They take the sentiment of an entire workforce and use it to help shape a workplace. By creating somewhere people want to work, HR Directors are propelling a virtuous circle where people are motivated to give their best and this leads to even higher quality talent being attracted to the organization, and contributing to its future. This also leads to better products, services and a better customer experience, and of course more bottom-line revenues.”

The report can be found at: https://www.principalconnections.ie/hr-directors-consensus-2023/

Founded in 1984, Agilium Worldwide LLC is an international executive search group of independent, owner-managed retained executive search firms, with members who are active in virtually every market. Agilium Worldwide ranks among the world’s top 40 executive search organizations.

Agilium Worldwide’s member firms offer personalized, specialized, client-oriented services. By eliminating the formally structured, pre-programmed approach they can remain proactive and secure prompt, skilled and expert service to their clients, to help them find the “Perfect Fit” – the right person for the right position, at the right time, at the right location.

Agilium Worldwide member firms are trusted advisors to companies from the Fortune 500, as well as to upcoming and start-up companies around the globe. Clients get the best of both worlds: an entrepreneurial approach with global reach and local perspective.

Source : https://agiliumworldwide.com/news-views

Members of the Agilium Worldwide Executive Search Group are once again proud to be included in Hunt Scanlon’s list of top global recruiting providers – GLOBAL 40 (https://huntscanlon.com/global-40/) – and to be nominated one of the leading global talent providers worldwide.

Hunt Scanlon Media’s list is based on the results of a detailed and extensive reviewing process by their analysts. The GLOBAL 40 list of global talent providers and executive search consultants names those providers that are currently dominating the recruiting business worldwide, satisfying both complex and sensitive recruitment needs and supporting CHROs, chief talent officers, talent acquisition specialists, company directors, and top decision-makers in finance, IT, sales, and marketing.

Hunt Scanlon Media is the most widely referenced, single source for information in the human capital and talent management sectors, interfacing daily with more than 365,000 human capital professionals in around 180 countries. A team of trusted, experienced reporters and editors track who is making news and what’s driving the market, around the clock.

Founded in 1984, Agilium Worldwide LLC (https://www.agiliumworldwide.com/) is an international executive search group of independent, owner-managed retained executive search firms, with members who are active in virtually every market. Agilium Worldwide ranks among the world’s top 25 executive search organizations. 

Agilium Worldwide’s member firms offer personalized, specialized, client-oriented services. By eliminating the formally structured, pre-programmed approach they can remain proactive and secure prompt, skilled and expert service to their clients, to help them find the “Perfect Fit” – the right person for the right position, at the right time, at the right location.

Agilium Worldwide member firms are trusted advisors to companies from the Fortune 500, as well as to upcoming and start-up companies around the globe. Clients get the best of both worlds: an entrepreneurial approach with global reach and local perspective.

In a recent survey, Agilium Worldwide asked its member firms in 27 countries and five continents about their experience with hiring CEOs. One of the questions dealt with the candidate’s track record and looked specifically at experience gained through failure as opposed to success. It asked: “What is the general attitude in your country towards experience gained from, for example, a new business venture that fails, a line of business that is shut down, or a launch that doesn’t succeed?” The majority responded that such experience was mostly regarded positively, even to the extent that “what doesn’t kill you makes you stronger” and with a healthy portion of humility, “significant lessons can be learnt from our mistakes”. In some countries though, where there is more failure and risk aversion, this kind of experience is almost always regarded negatively.

We tend to have a flawed perception of leaders, expecting them to be so good that nobody else can come close. Taking over as the CEO of a major company is analog to having reached the top of the corporate ladder. You should have everything figured out by then. In reality though, you will make mistakes and not always succeed. Failures are magnified by the high level of leadership and responsibility and, not only that, they are unduly dissected by the media.

Main areas where top leaders often fail include not being honest and owning their mistakes, being too patient, and not accepting opposing viewpoints. So why don’t we take examples of leadership failures and analyze the details, then use them to create leadership lessons for success in the future? The best leaders look for the lessons within their mistakes. And we ask ourselves, is the best CEO fit always someone with zero imperfections, or can it equally be someone with gaps that can be filled feasibly by other executives? In a world that isn’t perfect even superheroes can get their strategy wrong! Expecting a leader to never make a mistake is unrealistic.

Founded in 1984, Agilium Worldwide LLC (https://www.agiliumworldwide.com/) is an international executive search group of independent, owner-managed retained executive search firms, with members who are active in virtually every market. Agilium Worldwide ranks among the world’s top 25 executive search organizations. 

Agilium Worldwide’s member firms offer personalized, specialized, client-oriented services. By eliminating the formally structured, pre-programmed approach they can remain proactive and secure prompt, skilled and expert service to their clients, to help them find the “Perfect Fit” – the right person for the right position, at the right time, at the right location.

Agilium Worldwide member firms are trusted advisors to companies from the Fortune 500, as well as to upcoming and start-up companies around the globe. Clients get the best of both worlds: an entrepreneurial approach with global reach and local perspective.