LinkedIn reveals the top 10 fastest growing C-suite roles in the UK
New data from LinkedIn, reveals the top 10 fastest growing C-suite roles in the UK.
Chief Human Resources Officer (#1), Chief Revenue Officer (#2), Chief People Officer (#3) and Chief Communications Officer (#4) roles top the list having seen the biggest growth in share of hires out of all C-suite roles in the past year compared to the previous year, as companies hired executives to help navigate the global pandemic and manage business performance.
Janine Chamberlin, UK Country Manager at LinkedIn said: “This list provides a unique insight into how business priorities are changing and the C-suite roles needed most to help companies adapt to the future of work. After what has been another tumultuous year, it’s positive to see Chief Human Resources Officer and Chief People Officer roles catapulted to the top of this list, as business leaders have seen first-hand the strategic nature of these positions and how critical they are to defining what the new world of work looks like. Likewise, the rise in demand for Chief Communications Officers also reflects the huge change that businesses are experiencing and the need to keep a multitude of stakeholders - internally and externally - informed and engaged.”
The UK’s top 10 fastest growing C-suite roles:
1. Chief Human Resources Officer - Responsible for developing and executing human resource strategy in relation to the overall business plan, Chief Human Resources Officer (CHRO) share of hires grew by56% over the past year. Working hand-in-glove with the CEO, CHROs guided their organisations through the pandemic, manoeuvring talent as many businesses were forced to adapt, and worked through the intricacies of the furlough scheme. Now they are playing a crucial role in defining their future of work policies and processes.
2. Chief Revenue Officer - In charge of a company’s revenue streams and accountable for driving integration and alignment between all revenue-related functions, the Chief Revenue Officer helped businesses navigate the uncertainty of the pandemic and find new ways to drive profitability and growth. LinkedIn’s data highlights that demand for executives in this role increased by 48%.
3. Chief People Officer - With many businesses rethinking what the future of work looks like, Chief People Officers are at the heart of this organisational change advising on people, culture and workplace strategies. Demand for Chief People Officers has risen by 45%, as companies have become more cognisant of the health and wellbeing of their employees.
4. Chief Communications Officer - Responsible for corporate reputation, building trust and everything an organisation communicates internally and externally to a myriad of stakeholders - including employees, shareholders, media, investors and industry bodies - Chief Communications Officer hires grew by 35% over the past year.
5. Chief Growth Officer - Blending the expertise of marketing, sales, product development and finance, the Chief Growth Officer helps businesses achieve their strategic objectives. As companies consider new avenues to growth, Chief Growth Officer hires have increased by 33%.
6. Chief Innovation Officer - Focused on managing the process of innovation in an organisation and working to originate new ideas, Chief Innovation Officer roles grew by 31%.
7. Chief Product Officer - Chief Product Officer roles have increased by 29% as company’s focus on bolstering product strategy, developing new products and enhancing customer experience to stay ahead of the competition.
8. Chief Sales Officer - Responsible for leading a company’s sales function to meet revenue and growth targets, Chief Sales Officer roles increased by 29%.
9. Chief Compliance Officer - Tasked with designing, implementing and monitoring compliance processes to ensure businesses are compliant with laws and regulations, Chief Compliance Officer roles grew by28%.
10. Chief Marketing Officer - Focused on building brands, creating awareness of products and services and delivering value to customers and clients, the Chief Marketing Officer (CMO) role grew by 22% over the past year.
