Blue Rock Search

How Today’s CEOs Are Planning for Workplace Culture Shifts

What are CEOs really thinking about all the changes of recent months and years? The 2024 KPMG U.S. CEO Outlook Pulse Survey aims to uncover just that, with in-depth answers from 100 CEOs about what’s on their minds. This year’s survey, among other things, reveals a continued focus on culture and supporting people as the engine that makes the whole business run.

 

On the heels of a few highly stressful years, today’s CEOs are looking for ways to relieve labor market pressures and reduce employee burnout. 78% are focused on upskilling current employees, while 70% are dropping degree requirements for certain jobs, and 69% are investigating how AI can help fill the gaps. Some of these pressures are complicated by the presence of five different generations overlapping in the workplace; CEOs report these intergenerational dynamics are having the most impact in career pathing (58%), learning and development (57%), and adopting tech capabilities (53%).

 

CEOs are also looking for ways to reduce employee burnout that can lead to lower productivity, disengagement, and/or turnover. 74% of CEOs report offering more mental-health-centric initiatives, and 56% are implementing manager training to help leaders better manage and mitigate burnout among their teams. There’s also more of a focus on community-building, with 60% attempting to facilitate connection and support among employees.

 

These cultural efforts can pay dividends. Among surveyed CEOs, 88% say their organization’s financial success, including profitability and growth, depends on their company having a strong ethical culture. And 76% say that their focus on ethics, integrity and compliance can serve as a market differentiator and deliver financial value.

 

For more details, plus survey results on topics including generative AI, the economic outlook, sustainability, and more, you can download the full report from KPMG.

 

HR teams tend to lead the way in these culture-building initiatives, but they’re not siloed away or in specific industries alone. This focus on well-being, upskilling, and reducing burnout can be just as relevant for higher education teams adapting to new frontiers, franchises looking to scale successfully, private equity firms and portfolio companies seeking to address issues and create value, and more.

 

Across all our practices at Blue Rock Search, we’re committed to ensuring that every organization has the visionary and forward-looking leadership they need to meet today’s challenges with creativity and strategic thinking. If your team is in search of your next mission-critical leader, contact us to learn how we can help!

 

About the Author

After a 25-year career in Corporate Human Resources and HR Executive Search, Ruben Moreno and his two partners co-founded Blue Rock Search based on a simple but ambitious vision of creating a firm that would “Change Lives and Organizations One Relationship at a Time.”  Ruben leads the Blue Rock HR & Diversity Executive Search practice specializing in the identification, assessment, recruitment, and onboarding of Chief HR Officers and Chief Diversity Officers and their respective teams — inclusive of leaders in Talent Acquisition, Total Rewards, HRBP’s, Learning & OD, HR Technology, HR Operations, and HR Analytics. Ruben has helped place hundreds of HR Executives and built deep relationships within the CHRO community across multiple industry verticals. His clients consider him a trusted partner who takes the time to understand their business and add value beyond executive search.

Are you looking for top talent in human resources?

Contact us to learn more about how we can deliver the talent you need to succeed. Our systems, processes, and tools are designed to flex to the unique needs and expectations of any search.

Are you a professional looking for a new opportunity?

Contact us to discuss your career options or browse our open positions.

Scroll to Top