Why do you need Next Gen HR?
Many businesses are under immense pressure to retain top talent, whilst also transforming to stay competitive in the Generative-AI era.
Businesses are being pushed to deliverthe same targets with fewer people, in a market where human capital is critical.
Next Gen HR
Key reasons employees are leaving organisations
Employee engagement and well-being
Remote and hybrid work
Skills gap and talent development
Diversity, equity and inclusion
Competitive job market
Increase in meetings during 2022, with the digital intensity of the working day increasing exponentially.
Of the global workforce are considering leaving their job this year.
Of CEOs agree the ability to retain talent is a challenge in the current economic environment.
Artificial Intelligence
A branch of computer science aiming to build machines that mimic human intelligence
HR Applications: Sorting through resumes to identify top candidates
Tech Enablers: Workday Power BI, SAP
Machine Learning
A subset of AI where computers learn from data to make decisions and predictions without explicit programming
HR Applications: Predicting employee attrition or performance based on historical performance
Natural Language Processing
Making sense with words
HR Application: Analysing employee feedback or survey responses to understand sentiment
Tech Enablers: Qualtrics, TechWolf
Generative AI
AI systems used to generate new unique content
HR Applications: Generating responses to common employee queries or generating learning content
Tech Enablers: Isier, Vee
Large Language Models
A type of generative AI that focuses on generating text
HR Applications: Automating responses to common HR queries or drafting job descriptions
Tech Enablers: GitHub
AI Prompting
AI prompting can be used to distil complexity, unleash creativity, craft correspondence, as a coding assistant
HR Applications: Write emails, vulgarize complex concepts, write job descriptions
Tech Enablers: ChatGPT
Rich insights on the capabilities, experience and attributes of our people.
Use data to continually evaluate where augmentation will impact our jobs/skill needs, to drive effective workforce planning.
Access diverse and extended talent pools beyond traditional borders with the skills/attributes we need.
Repetitive tasks are automated e.g. writing high quality JDs, freeing up time for tasks requiring human touch.
Workers have access to an AI-powered career coach to guide and accelerate their careers.
AI helps us to serve up L&D recommendations in the flow of work, personalised to unique needs.