CEOs and CHROs began 2023 facing a multitude of exceptional challenges. A weakening economy, a stubbornly tight labor market, persistent inflation, banking instability, war, and a new cultural dynamic in which workplace talent is dispersed globally make the job of managing modern workforces exceptionally trying and turbulent. Navigating these challenges will require an honest, hard look at their talent strategy, and those who succeed will be willing to make some hard and sometimes significant changes to emerge out of 2023 in a position of strength.

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