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[EN: BRIEF] Building C-suite relationships, lessons from Panera, AI disrupting HR, CEOs’ election predictions

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EN:BRIEF
 
News and resources for senior HR executives.
 
 
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An HR Manager's Guide
to Forging Strong
C-Suite Relationships
 
When HR leaders advance to the C-suite, they must learn to navigate a whole new web of relationships. Here are insights from two experienced CHROs on successfully forming connections with their executive teams and navigating the inevitable conflicts.
 
 
 
 
 
 
 
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Build an Internal Talent Marketplace to Empower Workers, Reduce Turnover
 
A well-run internal talent marketplace (ITM) can make it easier to match your current employees with new roles inside your company. This encourages workers to move to different positions that align with their passions and skills. Here are six steps to create a successful ITM, plus barriers to watch out for.
 
 
 
 
 
 
 
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Panera's Founder:
Find the Right Blend of Discovery and Delivery
 
Ron Shaich, the founder of the Panera Bread and Au Bon Pain restaurant chains, is credited with defining the $100 billion fast-casual segment. People + Strategy sat down with Shaich to discuss his insights on leadership, transformation and entrepreneurship. 
 
 
 
 
 
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The Top Five HR Trends to Watch for in 2024
HR teams must stand ready to understand and harness five fast-moving trends in 2024. Learn more on January 31 when Aon's leaders will delve into these emerging trends that will shape the market this year.
Join us. Register today!
 
 
 
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4 Ways AI Will Disrupt the HR Function in 2024
 
Last year was an AI exploratory year for most companies. But in 2024, nearly two-thirds of CHROs plan to invest in AI to streamline their HR processes. As one executive said, companies should shift their focus from "What's my AI strategy?" to "What's my AI win?" Here's what several are planning.
 
 
 
SHRM'S NEW AI CONFERENCE, MARCH 4-6:  THE AI + HI PROJECT »
 
 
 
 
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Leadership-Level Listening: 3 Skills to Build, 4 Bad Habits to Break
 
Too often, leaders neglect to enhance their listening skills as they advance, which can lead to alienating key talent and missing critical information. Here's how to turn that around.
 
 
 
 
 
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RECENT RESEARCH
 
 
CEO 2024 Predictions: Inflation, Recession and the Election
 
 
 
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Most CEOs expect a
mild recession this year

Recession fears have persisted since the start of the pandemic. While two-thirds of 210 CEOs recently surveyed predict a recession in 2024, the vast majority (59 percent) expect it to be mild. One year ago, at the start of 2023, a full 95 percent of CEOs wrongly forecast a recession in the coming year.
 
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Inflation predicted to
keep trending down

After reaching its highest level in decades—above 8 percent in 2022—the rate of inflation plummeted to 3.1 percent by the end of 2023. Now, nearly two-thirds of CEOs (64 percent) predict inflation will continue to subside in 2024, most likely gradually. Only 7 percent think that inflation will get worse this year.
 
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Who do CEOs expect to
win the White House?

When asked who they think will win the presidential election (not who they want to win), 38 percent of CEOs predict a victory for former President Trump, followed by 28 percent who expect a Biden reelection and 21 percent who foresee a Nikki Haley victory. In the December 2022 survey, 81 percent of CEOs predicted Ron DeSantis would be the next president.
 
 
SOURCE: CEO CONFIDENCE INDEX, CHIEF EXECUTIVE MAGAZINE,  DEC. 2023 SURVEY.
 
 
PODCAST PERSPECTIVE
In Your HR Career Path,
'Start With the End in Mind'
 
In this recap of our January  People + Strategy podcast, the chief diversity officer at Lenovo shares his views about the best route to a CHRO position. Plus, you'll learn his thoughts on retention, mentorship and the new office experience. 
 
 
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CALVIN CROSSLIN
 

Chief diversity officer at Lenovo and
president of the Lenovo Foundation

 
 
"I AM A FAN OF TAKING STRETCH OPPORTUNITIES AND STRETCH ASSIGNMENTS. AND SOMETIMES THAT MEANS MOVING AROUND COMPANIES AND MOVING AROUND INDUSTRIES."
 
 
 
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