What does it take to shape the people agenda of an organization in hypergrowth mode? What kind of CHRO is more likely to be successful in an environment that can often be in a state of ‘controlled chaos’?
For the last few years, as central banks have opened the taps of cheap money, the world has been awash with liquidity. A flood of capital is chasing good business ideas and there is a wave of hypergrowth companies rushing to become unicorns.
Hypergrowth companies can be start-ups or scale-ups but, in both cases, speed is a defining factor. For hypergrowth CEOs who have a clear business vision and easy access to capital, the biggest bottleneck is often people. This is where a strong Chief Human Resources Officer (CHRO) can make a significant difference in the development of the company.
Our team at Kingsley Gate interviewed eight CHROs of some of the most successful hypergrowth companies in Asia to share their experience and lessons learned. The picture they painted was highly consistent.