Benchmark Report on HR and Business Strategy Misalignment

This benchmark report, produced by 3Sixty Insights in collaboration with Eightfold AI, investigates the misalignment between HR leaders and business strategies, highlighting the resulting short-term and long-term challenges. The report is based on two surveys: one involving 500 HR leaders at the VP level and above in companies with over 5,000 employees, and another with 1,200 employees across six countries. Findings indicate that 82% of HR leaders experience misalignment, particularly in business strategy development, C-suite collaboration, and talent strategy alignment. Only 18% of HR leaders report effective execution in these areas, which adversely affects employee satisfaction, currently at 61%. The report emphasizes the need for HR departments to align their goals with business objectives and understand workforce skills better. It also discusses the potential role of AI in addressing these challenges and improving HR practices. Overall, the report outlines critical insights and recommendations for enhancing HR's strategic role within organizations.