Lars Haggstrom

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Where to start: Attracting the best Gen Z talent

Jan 7, 2025 | imd.org | Lars Haggstrom

By 2025, Gen Z will account for over a quarter of the global workforce. As a cohort, Gen Z does carry some defining characteristics. The most prominent is a high level of dissatisfaction with their economic and financial prospects. A McKinsey study found that, among Gen Z in the US, only 37% believed that most people have significant economic opportunities, while one-quarter believed that they would never retire. Just 41% believed that they would own a home one day.
The CHRO agenda: How the role is evolving

Dec 11, 2024 | imd.org | Lars Haggstrom

What contribution will CHROs make to their businesses over the next five years? That is the central question we explore in a new series of in-depth interviews with four CHROs. While each faces a unique set of business challenges, all take center stage in their organization’s efforts to navigate turbulent but exciting times. They are helping their businesses adapt successfully to a changing world – and, in some cases, achieving dramatic growth.
The CHRO agenda: Enabling rapid growth

Nov 13, 2024 | imd.org | Lars Haggstrom

As a maelstrom of forces reshape business conditions, CHROs are being forced to reassess their role. The emphasis in the media is often on the threats facing businesses: disruption to business models and established ways of working, rather than seeking and seizing opportunities. Nevertheless, company leadership, including the CHRO, must stay aware of those opportunities. One organization currently experiencing rapid growth is the Swedish military defense and civil security company, Saab.
The CHRO agenda: A playbook for an unpredictable world

Oct 30, 2024 | imd.org | Lars Haggstrom

“CHROs today need to spend much more time thinking about tomorrow,” says Jay Connolly, early in our conversation about the changing role. Connolly is Global Chief People Officer at Baker McKenzie, the global legal firm. He has held the post since 2021, having previously held CHRO roles elsewhere in the sector stretching back to 2004. Over those two decades, he’s seen the role change significantly – largely owing to external factors.
The CHRO agenda: The strategic business partner

Oct 23, 2024 | imd.org | Lars Haggstrom

“I don’t think HR is a support function. It’s an active contributor to the business.”Nadim Penser, Senior Vice-President Brand and Communications, Human Resources, and Safety, Health, Environment and Quality (SHEQ) at Epiroc, the Stockholm-based mining and construction equipment and solutions company, is bullish about the contribution that CHROs can make to a fast-changing business environment.
The CHRO agenda: Enabling growth, engaging people

Oct 2, 2024 | imd.org | Lars Haggstrom

With revenue growth of an incredible 33% for 2023, in line with the pattern of recent years, Dutch semiconductor manufacturer ASML is a company that is rapidly transforming itself. This is a process to which Cristina Monteiro has been integral since joining as CHRO 12 months ago. As part of a new series on the changing role of the CHRO, we spoke to Cristina about the changing dynamics of HR, the role of the CHRO in flux, and what lies ahead.
6 ways to land your dream job – even if you are an introvert - I by IMD

Jan 4, 2024 | imd.org | Melitta Campbell |Tania Lennon |Lars Haggstrom |Jennifer Jordan

There are introverts in all spheres of life. Lady Gaga and Beyoncé in the world of entertainment, Barack Obama in politics, and so many in business that a much-cited Myers-Briggs Foundation study in the early 1990s went as far as to suggest that up to 98% of chief executives fell into this category.
Six ways to build more inclusive organizations

May 29, 2023 | imd.org | Lars Haggstrom |Merete Wedell-Wedellsborg |Su-Mei Thompson

But leaders who refuse, or who are reluctant to, engage with inclusion and dismiss it as “woke” are missing out on business opportunities for new markets and greater productivity – as are leaders who, at the other end of the spectrum, indulge in “virtue-signaling” about EI&D but don’t actively change organizational processes to achieve the right outcomes. It’s not enough to comply with regulations on issues like board diversity and equal pay.
How successful organizations are able to hire and fire at the same time

May 19, 2023 | imd.org | Michael Wade |Amit M. Joshi |Merete Wedell-Wedellsborg |Lars Haggstrom

Over the course of 2022, US employers announced more than . Meanwhile, economists estimated that businesses across the country were five million employees short of requirements. Hiring and firing are not mutually exclusive strategic mindsets, but rather a consequence of most strategies being implemented. A simplistic model of employment assumes businesses recruit staff when they’re doing well and let people go when they’re under pressure.
Transforming LEGO Group HR, brick by brick

Feb 16, 2023 | imd.org | Louise Muhdi |Merete Wedell-Wedellsborg |Lars Haggstrom

For example, the LEGO Group has recently reorganized its digital technology division, with 800 people changing jobs. “That required a huge amount of support, so we were able to deploy a large segment of our HR partners to provide it,” Shuster explained.