The infographic highlights a significant opportunity for corporate boards to enhance their focus on talent development through automation. Despite only 5% of corporate directors feeling effective in talent development, the potential for HR task automation is substantial. Current technologies can fully automate 30% of HR tasks and mostly automate an additional 26%, leaving 44% as other tasks. This automation can free up HR to provide strategic insights into human capital issues, such as succession planning and talent risk. The collaboration between the CEO, CFO, and CHRO is crucial in making major decisions on human and financial capital allocation. By leveraging automation, HR can transition from a transactional role to a strategic partner, aligning more closely with the board's objectives. This shift not only optimizes HR functions but also enhances the board's ability to focus on long-term talent strategies, ultimately driving organizational success.
