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CHROs identified as key change agents for executives with potential to increase productivity by 11%
New York, January 17, 2023–(BUSINESS WIRE)–Accenture’s (NYSE:ACN) new report finds that CEOs believe the combination of data, technology and talent is critical to driving growth. Only 5% of large global organizations are effectively unlocking that value. of this combination. A company that realizes this opportunity will earn a top-line productivity premium of 11% of his.—The ultimate engine of profitability and revenue growth.
In addition, the report “The CHRO as a growth Executive” highlights the power of the human element. The 11% productivity premium drops to his 4% when companies adopt data and technology solutions that don’t put people at the center, as a key source of competitive differentiation and growth. It highlights the great influence people have.
Top growth drivers identified by surveyed CEOs include improved performance and productivity (38%) driven by data, technology and AI. Access and create top talent (38%). Facilitating collaboration between business units (35%). Also, the company’s digital enhancement of his core (34%).
This report shows that CHROs are the key catalysts that unlock the value of this combination of data technology and talent for growth, and that talent is at the heart of their reinvention. His 89% of surveyed CEOs say CHROs should play a key role in ensuring long-term profitable growth. However, less than half (45%) of CEOs report that they are creating the conditions for CHROs to be able to do so.
Ellyn Shook, Accenture Chief Leadership and Human Resources Officer, said: “Recognizing that people are at the heart of the business, these CEOs foster the connections, skills and environment for CHROs to lead the entire C-suite and drive business growth. When An extraordinary human experience. “
According to the study, CHROs with strong skill sets and connections, and working in the right environment, are nearly twice as likely as their peers to effectively connect data, technology, and people, leading to mutual impact. are four times more likely to build strong relationships that give Starting with the CEO and working with the CFO, CTO and COO, the entire executive team
Yusuf Tayoub, Group Chief Executive, Accenture Operations, said: “This research highlights the tremendous benefits of close collaboration between executives, especially as it relates to employees as companies adapt to new ways of working.”
The survey provides a roadmap for how leading CHROs will work differently to accelerate change, helping the 5% of companies to maximize the combination of data, technology and talent growth. It outlines the conditions a CEO must make to join.
About research
Accenture Research conducted a global survey of 1,140 CEOs and CHROs in 12 countries: Australia, Brazil, Canada, China, France, Germany, India, Japan, Singapore, Switzerland, UK and US. Respondents came from 12 industries: Banking, Telecommunications & Media, Consumer Goods & Services, Energy, Healthcare, High Tech, Insurance, Life Sciences, Public Sector, Retail, Software & Platforms, and Utilities. The findings were further validated through interviews with his 17 CEOs and CHROs from large organizations and multiple industries around the world.
About Accenture
Accenture helps the world’s leading businesses, governments and other organizations build their digital cores, optimize operations, accelerate revenue growth, enhance citizen services and create tangible value at speed and scale. is the world’s leading professional services company that supports We are a talent and innovation leader with 738,000 employees serving clients in over 120 countries. Technology is at the heart of today’s change. We are one of the world leaders in helping drive that change because of our strong relationships with the ecosystem. We combine technology strength with unrivaled industry experience, functional expertise and global delivery capabilities. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Accenture Song enable you to deliver tangible results. These capabilities, along with our culture of shared success and commitment to creating 360 degrees of value, enable us to help our clients succeed and build trusted and lasting relationships. Our success is measured by the 360 degree value we create for our clients, each other, our shareholders, our partners and our community. Please visit www.accenture.com.
Copyright © 2023 Accenture. all rights reserved. Accenture and its logo are trademarks of Accenture.
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contact address
Katie Rosati
Accenture
+1 917 452 6662
kathryn.rosati@accenture.com
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