Could you be the next CEO?

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There is also limited opportunity for advancement to the position of CEO for HR professionals who have spent their entire careers in HR – but Ulrich suggested a solution to this.

“Gaining [business literary] skills may come from assignments as business leaders,” he said.

Companies such as Zurich Insurance and Nestlé focus on job rotations at executive level, which Ulrich recommends upcoming HR professionals should look into.

He also suggested that there are three key content areas that HR professionals can add value to during business discussions:
  • Talent (competence and commitment of the workforce)
  • Leadership (leadership brand throughout the organisation)
  • Organisation (creating the right capabilities and culture)
“Too often HR focuses only on talent, without the value they can create from shaping culture,” said Ulrich. “We also propose process skills such as coaching individual leaders, facilitating change processes, and delivering integrated solutions to talent, leadership, and organisation.”

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