Millennial people leaders are coming for the C-suite. In fact, they’re already there. With accelerated CHRO turnover—thanks to a myriad of factors, including higher retirement and burnout—a new cohort of younger professionals is rising to the top, bringing a new vision for the future of HR.
These newly minted executives have markedly different generational ideas for talent strategy, influenced by their lived experiences in and out of the workforce. They’ve experienced the Great Recession, crushing student loan debt, a heightened push for social justice, digital transformation, and much more. Coupled with HR’s recent pivot from a mainly compliance-focused function to one that's expected to serve as a trusted, strategic business partner, millennial talent heads are broadening HR’s scope by centering data, holistic wellness, and the acutely human element of human resources.
