But the first step is finding the right CHRO to make that a reality. So reports Forbes.
"A great CHRO will take risk. Yes, lots of risk," writes Kristy McCann of the Forbes Coaches Council. "When values are being compromised and employees are leaving, they call out the issues; they don't just continue to apply Band-Aids."
A top notch CHRO also must be a "change champion who has the agility and ability to disrupt, pivot and try new things, just like an entrepreneur," McCann adds. But the firm's top leadership also needs to provide sufficient resources to HR to ensure it can get the job done.
"When you hire a great CHRO, ensure they have a budget for all employees," McCann writes. "It is often hard to hire and retain employees if they do not have the long-lasting benefits they need to help them grow in their careers. A solid HR budget will upskill, retain and provide a means to a great culture."