How Trump's Technology Executive Orders Will Reshape HR

Olivia Rhye
11 Jan 2022
5 min read

The recent U.S. executive orders—Executive Order 14144 on cybersecurity, Executive Order 14178 on digital financial technology, and Executive Order 14141 on artificial intelligence infrastructure—underscore a national push for technological innovation. These directives will have profound implications for corporate HR functions, influencing recruitment, compliance, training, and organizational strategy.

The Positive Impacts

Enhanced Security Protocols Executive Order 14144 focuses on strengthening cybersecurity, prompting companies to implement more robust security measures. This ensures greater protection of employee data and sensitive HR information, reducing the risk of data breaches and enhancing trust within the workforce.

Skill Development and Training The emphasis on cybersecurity, digital finance, and AI necessitates upskilling the workforce. Companies must invest in specialized training programs to ensure HR teams and employees stay updated with the latest technologies and compliance requirements.

Attracting Top Talent Organizations that align with national priorities in innovation and technology will become more attractive to top-tier candidates. A forward-thinking approach to HR can position businesses as industry leaders in cybersecurity, fintech, and AI, making them magnets for skilled professionals eager to work on cutting-edge projects.

Increased Collaboration The executive orders encourage partnerships between private firms and government agencies. This cross-sector collaboration provides HR with access to best practices, shared resources, and innovative solutions, ultimately improving workforce management and operational efficiency.

The Challenges to Consider

Heightened Compliance Requirements With stricter cybersecurity and fintech regulations, HR will face an increased compliance burden. Ensuring that all employees adhere to new policies will require additional administrative oversight and coordination with legal and IT departments.

Resource Allocation Concerns Implementing these new technological directives will demand significant investment in training, policy updates, and infrastructure. HR departments may need to redirect budgets and resources, potentially limiting initiatives in other key areas.

Managing Resistance to Change The integration of new technologies often meets resistance from employees accustomed to traditional systems. HR will play a crucial role in change management, ensuring smooth transitions through effective communication and support programs.

Breakdown of Executive Orders and Their HR Implications

Executive Order 14144: Strengthening Cybersecurity

  • Recruitment: HR will have to prioritize hiring cybersecurity professionals to meet new security mandates.
  • Training: Organizations will have to provide cybersecurity education for employees at all levels.
  • Compliance: HR must collaborate with IT to ensure adherence to evolving security policies and conduct regular audits.

Executive Order 14178: Advancing Digital Financial Technology

  • FinTech Hiring: Companies will have to attract and retain professionals skilled in blockchain, fintech, and digital payments.
  • Cross-Departmental Collaboration: HR must facilitate better integration between finance, IT, and legal teams to implement new fintech initiatives.
  • Employee Education: Continuous training programs will be necessary to help employees adapt to evolving financial technologies.

Executive Order 14141: AI Infrastructure Development

  • AI Talent Acquisition: HR will have to recruit and retain data scientists, AI engineers, and machine learning specialists.
  • Reskilling & Upskilling: HR must lead initiatives to equip employees with AI-related skills, ensuring they can work alongside AI-driven systems.
  • Ethical and Legal Considerations: HR will be responsible for developing policies addressing AI ethics, data privacy, and automation’s impact on jobs.

The Synergistic Effects on HR Strategy

  • Integrated Talent Acquisition: By targeting overlapping skill sets in cybersecurity, fintech, and AI, HR can streamline hiring efforts.
  • Comprehensive Training Programs: Companies can develop cross-functional training to prepare employees for rapid technological shifts.
  • Cultivating an Innovation-Driven Culture: Encouraging employees to embrace digital transformation fosters a more agile and competitive workforce.

The combined impact of these executive orders will drive HR transformations in recruitment, compliance, training, and interdepartmental collaboration. While challenges such as compliance costs and workforce adaptation must be managed, companies that proactively embrace these changes will be better positioned for success in an increasingly technology-driven landscape.