2. Connect new dimensions of data, technology and people to unlock potential High-Res CHROs are nearly 2x more likely to effectively connect data, technology and people than their peers. Leveraging this growth combination is the primary accelerator for improved financial and non-financial outcomes. 14 To achieve this, these CHROs: • Maximize people-related data: High-Res CHROs bring insights that connect talent more directly to business outcomes and ultimately unlock people’s potential. They do this by spotting productivity trends, uncovering engagement drivers and applying predictive insights from skills data to proactively meet demand and help their people grow. At the same time, these CHROs connect external signals with enterprise data that allows faster decision- making, influences long-term strategy and informs actions on broader social issues. • Innovate through technology and ecosystem: High-Res CHROs know every business is a digital business. In addition to continuously reinventing their HCM/HR digital core to optimize processes and increase personalization, they use innovative technology, such as the metaverse to enhance people’s experiences at work. And they don’t do it alone: the efficiencies gained through an ecosystem of partnerships, platforms and scalable solutions can free up capital and fuel new investments – making them a foundation for growth. Our research shows that companies adopting next-generation AI and digital tools, in combination with enabling partnerships and ecosystems, are 2.6x more likely to increase revenue by 10% or more than peers who are not. 15 24
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