Why Chief Human Resources Officers Make Great CEOs
Once seen as a back-office function, HR has gained importance in recent years, with more and more chief human resources officers (CHROs) serving as the CEO's key adviser and with management theorists highlighting talent strategy as the prime determinant of corporate success. Research by Korn Ferry's Ellie Filler and the University of Michigan's Dave Ulrich shows that the traits of CHROs match up closely with those of CEOs on a multitude of leadership traits-more closely, in fact, than those of any executive except for COOs. Their data and analysis lead them to a provocative prescription: More companies should consider CHROs when looking to fill the CEO position. This reprint contains two additional Idea Watch articles. "Is Your PC 'Made in Kazakhstan'?" is a visual analysis showing that the "techiest" manufacturing economies today are not in countries such as China, but instead are in small countries with less diversified economies. "Taming Scheduling Software" discusses multiple research findings indicating that if companies want to maximize productivity and minimize employee stress, they need to add human decision making to the software's results.