HR leaders are caught between 2 dueling priorities: Growing their companies while simultaneously cutting costs

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Current end HR leaders faced with a harder Balongcing Act. They asked to push big new initiatives across the organization to develop the bottom line, like Ai adoptionBut it is also expected to spend as much as possible as possible.

The top Priority Priority Priority Priority For Christs in the next two years Market Extensionwith 69% of this group who ranks it as a great concern, according to a New survey from Korn Ferrya consulting company, surveying 750 HR leaders from around the world. That’s a 25% increase in the past 24 months. But the second highest priority business rank is the recovery of cost and productivity, with 56% of HR leaders who reported an important issue.

“It seems like priorities with priorities that are in the tension,” Laura Manson-Smith, Global Leader of Organization Strategy consulting Korn Ferry. “In one side, they support the business to grow, but at the same time, they need to keep quality standards while encouraging productivity and recovery.”

And these priorities of visiting can be a problem when businesses do not take care. About 60% of saying they struggle to stay away from the old ways of thinking, and only 40% involved in disturbing ideas in their business. The problem is worse when it comes to technology; While 42% of Christ is primarily in AI investments for HR Space, only 5% HR teams are fully willing to implement it effectively. That said, Manson-Smith said the best executives of the company he worked with their entire operation structures to deal with all descriptions.

Antidote can change alignment between chros and executives they report. Today, only 30% of Chros says the leaders they work with their needs change.

“Companies are used in CEO and the CFO strong companions, but in some of the best organizations, we see that it is CEO, CFO, and CRO, all three working together,” says. “That’s when making the decision is more balanced and allowed them all to prompt the two goals for short and long-term purposes.”

Brit Morse
Brit.morse@fortune.com

This story originally shown Fortune.com

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