Human Resource Executive Online, September 27, 2011, Tuesday

Human Resource Executive Online

September 27, 2011, Tuesday

Human Resource Executive Online (full article)

HR's Struggle to Find Successors

By David Shadovitz

Despite HR's role as the steward of talent management and development, a recent study suggests that HR leaders are doing a far better job developing CEO and CFO successors internally than their own HR successors.

A recent study of Fortune 500 companies by Patrick Wright, a professor at Cornell University's School of Industrial and Labor Relations, found that only 36 percent of CHROs were internally groomed, compared to 54 percent of chief financial officers and 65 percent of chief executive officers.