{"id":13131,"date":"2024-10-28T12:50:49","date_gmt":"2024-10-28T12:50:49","guid":{"rendered":"https:\/\/topat10.com\/?p=13131"},"modified":"2024-10-28T12:50:49","modified_gmt":"2024-10-28T12:50:49","slug":"heres-why-chros-should-consider-rotational-programs-for-their-the-top-talent","status":"publish","type":"post","link":"https:\/\/topat10.com\/?p=13131","title":{"rendered":"Here\u2019s why CHROs should consider rotational programs for their the top talent"},"content":{"rendered":"\n<div>\n<p>Executives often get to the C-suite with years of niche managerial or <a href=\"https:\/\/fortune.com\/2023\/01\/24\/top-skills-employers-are-looking-for\/\" target=\"_self\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/fortune.com\/2023\/01\/24\/top-skills-employers-are-looking-for\/\" rel=\"noopener\">technical training<\/a> specific to their role and industry. That level of expertise is crucial to helping them climb the <a href=\"https:\/\/fortune.com\/2024\/08\/05\/leaders-climb-corporate-ladder-ceo-csuite-skills\/\" target=\"_self\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/fortune.com\/2024\/08\/05\/leaders-climb-corporate-ladder-ceo-csuite-skills\/\" rel=\"noopener\">corporate ladder<\/a>, but can become a hindrance when they get to the top.<\/p>\n<p>The future of business belongs to \u201cmyriad\u201d leaders, or folks with varying professional backgrounds, cross-generational ideas, and <a href=\"https:\/\/fortune.com\/2024\/01\/31\/leaders-want-strategic-and-critical-thinking-more-than-anything-most-of-their-workers-dont-have-it\/\" target=\"_self\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/fortune.com\/2024\/01\/31\/leaders-want-strategic-and-critical-thinking-more-than-anything-most-of-their-workers-dont-have-it\/\" rel=\"noopener\">problem-solving skills<\/a>, according to a recent <a href=\"https:\/\/bridgepartnersllc.com\/leader2030\/\" target=\"_blank\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/bridgepartnersllc.com\/leader2030\/\" rel=\"noopener\">study<\/a> from Bridge Partners, an executive search firm. When asked which abilities are most crucial to leadership teams over the next five years, 56% of executives said more diversity in professional backgrounds (different industries, functions), followed by cognitive diversity (different ways of thinking and problem-solving) at 55%, and then ethnic and cultural diversity at 33%.\u00a0<\/p>\n<p>To find these \u201cmyriad\u201d leaders, experts recommend that recruiters prioritize looking for soft skills in executives during the hiring process, like strategic thinking, agility, and the ability to collaborate effectively. And companies shouldn\u2019t hesitate to hire outside-of-the-box candidates. For CEOs, that could mean looking past the traditional sales-to-C-suite pipeline and considering people who have worked in other departments.<\/p>\n<p>\u201cFuture successful leaders have sat in different seats, gone to different functions, different organizations, different industries, even lived in multiple countries,\u201d Ryan Whitacre, a partner at Bridge Partners, tells <em>Fortune<\/em>. \u201cIt\u2019s those sorts of perspectives that we see being first and foremost, for the next five years.\u201d<\/p>\n<p>Mary Barra, CEO of General Motors who\u2019s held the position for nearly a decade, is a great example of this, he says. While she has more than 30 years of experience at the company, she\u2019s held roles in manufacturing, product development, operations, human resources, and even on-site as a plant manager, according to her LinkedIn.<\/p>\n<p>For companies looking to better develop the leaders they already have, one of the best ways to do so is through rotational programs, the study points out. That means placing top talent for a limited period of time on teams they may not usually work with, or have little familiarity with.\u00a0<\/p>\n<p>\u201cWe see organizations like GE having done this for many years,\u201d says Whitacre. \u201cThey\u2019ll intentionally take someone from HR, and move them to the business so they\u2019re exposed to different parts of the company and are able to adapt whenever needed.\u201d<\/p>\n<p><strong>Brit Morse<\/strong><br \/>brit.morse@fortune.com<\/p>\n<p>Request your invitation to <em>Fortune<\/em>\u2019s premier event, the Fortune Global Forum, convening in New York City Nov. 11-12. <a href=\"https:\/\/fortune.com\/conferences\/fortune-global-forum-2024\/?utm_source=email&amp;utm_medium=newsletter&amp;utm_campaign=chro-daily&amp;utm_content=2024102513pm?utm_source%3Demail&amp;utm_medium=newsletter&amp;utm_campaign=term-sheet&amp;utm_content=2024102512pm&amp;tpcc=NL_Marketing&amp;tpcc=NL_Marketing\" target=\"_self\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/fortune.com\/conferences\/fortune-global-forum-2024\/?utm_source=email&amp;utm_medium=newsletter&amp;utm_campaign=chro-daily&amp;utm_content=2024102513pm?utm_source%3Demail&amp;utm_medium=newsletter&amp;utm_campaign=term-sheet&amp;utm_content=2024102512pm&amp;tpcc=NL_Marketing&amp;tpcc=NL_Marketing\" data-type=\"link\" data-id=\"https:\/\/fortune.com\/conferences\/fortune-global-forum-2024\/?utm_source=email&amp;utm_medium=newsletter&amp;utm_campaign=chro-daily&amp;utm_content=2024102513pm?utm_source%3Demail&amp;utm_medium=newsletter&amp;utm_campaign=term-sheet&amp;utm_content=2024102512pm&amp;tpcc=NL_Marketing&amp;tpcc=NL_Marketing\" rel=\"noopener\">Fortune Global 500<\/a> executives and international policy leaders will discuss managing workforces in an AI-powered economy, climate and energy issues, global trade, and the future of democracy. Request your invitation <a href=\"https:\/\/fortune.com\/conferences\/fortune-global-forum-2024\/?utm_source=email&amp;utm_medium=newsletter&amp;utm_campaign=chro-daily&amp;utm_content=2024102513pm?utm_source%3Demail&amp;utm_medium=newsletter&amp;utm_campaign=term-sheet&amp;utm_content=2024102512pm&amp;tpcc=NL_Marketing&amp;tpcc=NL_Marketing\" target=\"_self\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/fortune.com\/conferences\/fortune-global-forum-2024\/?utm_source=email&amp;utm_medium=newsletter&amp;utm_campaign=chro-daily&amp;utm_content=2024102513pm?utm_source%3Demail&amp;utm_medium=newsletter&amp;utm_campaign=term-sheet&amp;utm_content=2024102512pm&amp;tpcc=NL_Marketing&amp;tpcc=NL_Marketing\" data-type=\"link\" data-id=\"https:\/\/fortune.com\/conferences\/fortune-global-forum-2024\/?utm_source=email&amp;utm_medium=newsletter&amp;utm_campaign=chro-daily&amp;utm_content=2024102513pm?utm_source%3Demail&amp;utm_medium=newsletter&amp;utm_campaign=term-sheet&amp;utm_content=2024102512pm&amp;tpcc=NL_Marketing&amp;tpcc=NL_Marketing\" rel=\"noopener\">here<\/a>.<\/p>\n<p><em>Today\u2019s edition was curated by Emma Burleigh.<\/em><\/p>\n<h3>Around the Table<\/h3>\n<p><em>A round-up of the most important HR headlines.<\/em><\/p>\n<p><span style=\"font-weight:400\">Santander is rolling out a wave of job cuts at its U.K .headquarters as it looks to trim costs. <\/span><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-25\/santander-starts-round-of-uk-job-cuts-as-part-of-savings-drive?srnd=phx-economics-v2&amp;sref=2jPYL79S\" target=\"_blank\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/www.bloomberg.com\/news\/articles\/2024-10-25\/santander-starts-round-of-uk-job-cuts-as-part-of-savings-drive?srnd=phx-economics-v2&amp;sref=2jPYL79S\" rel=\"noopener\"><i><span style=\"font-weight:400\">Bloomberg<\/span><\/i><\/a><\/p>\n<p><span style=\"font-weight:400\">Spirit Airlines plans to lay off workers as the company dials back its flight schedules and sells aircrafts to stay afloat amid financial pressures. <\/span><a href=\"https:\/\/www.wsj.com\/business\/airlines\/spirit-airlines-agrees-to-sell-23-planes-7aa9cce3?mod=business_feat1_airlines_pos1\" target=\"_blank\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/www.wsj.com\/business\/airlines\/spirit-airlines-agrees-to-sell-23-planes-7aa9cce3?mod=business_feat1_airlines_pos1\" rel=\"noopener\"><i><span style=\"font-weight:400\">WSJ<\/span><\/i><\/a><\/p>\n<p><span style=\"font-weight:400\">Bed Bath &amp; Beyond\u2019s parent company Beyond Inc. will fire 20% of its workforce. <\/span><a href=\"https:\/\/www.businessinsider.com\/bed-bath-and-beyond-owner-layoffs-2024-10\" target=\"_blank\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/www.businessinsider.com\/bed-bath-and-beyond-owner-layoffs-2024-10\" rel=\"noopener\"><i><span style=\"font-weight:400\">Business Insider<\/span><\/i><\/a><\/p>\n<p><span style=\"font-weight:400\">Striking Boeing workers\u2019 demand to reinstate a defined-benefit pension plan shows that employees long for old retirement perks that have been largely replaced by 401(k)s. <\/span><a href=\"https:\/\/www.washingtonpost.com\/business\/2024\/10\/25\/pensions-boeing\/\" target=\"_blank\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/www.washingtonpost.com\/business\/2024\/10\/25\/pensions-boeing\/\" rel=\"noopener\"><i><span style=\"font-weight:400\">Washington Post<\/span><\/i><\/a><\/p>\n<h3>Watercooler<\/h3>\n<p><em>Everything you need to know from <\/em>Fortune<em>.<\/em><\/p>\n<p><b>Bullying and bickering. <\/b><span style=\"font-weight:400\">A new study has found that general counsel staffers at major companies <\/span><a href=\"https:\/\/fortune.com\/europe\/2024\/10\/25\/bosses-subtle-sabotage-employees-office-housework-workplace-gaslighting\/\" target=\"_self\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/fortune.com\/europe\/2024\/10\/25\/bosses-subtle-sabotage-employees-office-housework-workplace-gaslighting\/\" rel=\"noopener\"><span style=\"font-weight:400\">are bullying each other through \u201csubtle sabotage<\/span><\/a><span style=\"font-weight:400\">,\u201d leading to mental health issues. \u2014<\/span><i><span style=\"font-weight:400\">Ryan Hogg<\/span><\/i><\/p>\n<p><b>Fumbled.<\/b><span style=\"font-weight:400\">\u00a0A Shark Tank entrepreneur <\/span><a href=\"https:\/\/fortune.com\/2024\/10\/25\/showpo-ceo-shark-tank-worst-job-application-ever-tiktok\/\" target=\"_self\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/fortune.com\/2024\/10\/25\/showpo-ceo-shark-tank-worst-job-application-ever-tiktok\/\" rel=\"noopener\"><span style=\"font-weight:400\">criticized the \u201cworst job application\u201d she\u2019s ever received<\/span><\/a> i<span style=\"font-weight:400\">n a TikTok video<\/span><span style=\"font-weight:400\">, calling out ChatGPT prompts and proofreading mistakes. <\/span><i><span style=\"font-weight:400\">\u2014Orianna Rosa Royle<\/span><\/i><\/p>\n<p><b>Election plans. <\/b><span style=\"font-weight:400\">HR and workplace experts weigh in on <\/span><a href=\"https:\/\/fortune.com\/2024\/10\/25\/election-office-bosses-handle-political-divided-workforce\/\" target=\"_self\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/fortune.com\/2024\/10\/25\/election-office-bosses-handle-political-divided-workforce\/\" rel=\"noopener\"><span style=\"font-weight:400\">how bosses should handle political division in the office<\/span><\/a><span style=\"font-weight:400\">, from starting meaningful conversations to navigating tension. \u2014<\/span><i><span style=\"font-weight:400\">Sheryl Estrada <\/span><\/i><\/p>\n<\/div>\n<div data-cy=\"subscriptionPlea\">This is the web version of CHRO Daily, a newsletter focusing on helping HR executives navigate the needs of the workplace. <a href=\"https:\/\/www.fortune.com\/newsletters\/chro-daily?&amp;itm_source=fortune&amp;itm_medium=nl_article_tout&amp;itm_campaign=chro_daily\" target=\"_self\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/www.fortune.com\/newsletters\/chro-daily?&amp;itm_source=fortune&amp;itm_medium=nl_article_tout&amp;itm_campaign=chro_daily\" rel=\"noopener\">Sign up<\/a> to get it delivered free to your inbox.<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Executives often get to the C-suite with years of niche managerial or technical training specific to their role and industry. That level of expertise is crucial to helping them climb the corporate ladder, but can become a hindrance when they get to the top. The future of business belongs to \u201cmyriad\u201d leaders, or folks with [&hellip;]<\/p>\n","protected":false},"author":649,"featured_media":13132,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[123],"tags":[],"class_list":["post-13131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Here\u2019s why CHROs should consider rotational programs for their the top talent | Unlock Informed Choices with Us<\/title>\n<meta name=\"description\" content=\"CHROs must think outside-the-box when it comes to training better business leaders.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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