Leading with Purpose: Betty Larson on HRβs Role in Business Success at Merck
In this episode of Career Club Live, host Bob Goodwin sits down with Betty Larson, EVP & CHRO at Merck, to discuss the evolvingΒ ...
Executive VP & Chief Human Resources Officer, Merck
Search every verified Betty Larson interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Betty Larson, Executive Vice President and Chief Human Resources Officer at Merck, appeared on the podcast *Career Club Live* on January 10, 2025. During the conversation, Larson discussed her approach to HRβs role within the company, describing a framework she referred to as the "80/20 rule." She stated that 80% of HR work should be embedded in the business to help execute strategies and ensure the organization has necessary capabilities, while the remaining 20% involves working on the business itself. Larson also emphasized the concept of "return on time investment," noting that HR processes take managers away from their teams and that the company should evaluate whether the outcomes justify the dollarized cost of that time. Larson was born and raised in Mount Prospect, Illinois, a suburb of Chicago. In the interview, she advocated for agility in achieving outcomes, advising that organizations should stay focused on intended goals while being willing to shift activities in response to changing environments. She also encouraged assuming good intent in interpersonal interactions, remarking that much drama could be eliminated by doing so.
“We often talk about this 80/20 rule: 80% of the work that we do in HR has to be in the business β helping execute strategies and make sure the organization has the capabilities it needs today and tomorrow β and the other 20% is really working on the business.”
“We talk all the time about the return on time investment: even when you engineer an HR process you're taking a manager away from their team, and if the company was spending the dollarized equivalent of that person's time in this process, what outcomes would we expect?”
In this episode of Career Club Live, host Bob Goodwin sits down with Betty Larson, EVP & CHRO at Merck, to discuss the evolvingΒ ...
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