CEOs are fond of saying that people are their company’s most important asset. But most corporate boards of public companies—while rich with finance wizards and strategy masters—have declined to bring on people experts, like chief human resources officers.
That’s an absurd situation for Dan Kaplan, senior client partner for the CHRO practice at Korn Ferry, a leadership advisory firm. Kaplan has been pushing for more boards to embrace CHROs for nearly two decades. In a former role at a different company, he started an institute that sought to place more HR leaders on corporate boards and now runs “a smaller effort” with the same goal at Korn Ferry. He’s not alone—Kaplan joins a chorus of voices who say that because human capital management has become a top and fraught board-level issue, more boards should have directors with an HR background.
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