If “HR is dead,” what shall we make of this?
More human resource executives are being asked to serve on corporate boards because of their specialized knowledge of critical issues, such as executive pay, leadership succession and integration following a merger, The Wall Street Journal reports. In the first 11 months of 2009, 7% of the U.S. board placements were current or former HR heads, compared with 3.8% in 2004, according to search firm Spencer Stuart.
So many of our current economic problems center around compensation and risk, creating an opportunity for savvy HR people to play a role in solving them.