88% organisations are undergoing digital transformation BUT just 25% understand what it really means. Many companies mistake digital transformation as synonymous with AI, IoT, Blockchain, Deep Learning, Virtual Reality or any other new age technology. As predictions abound that machines will run the world in the future, it’s no surprise then that the most crucial element, people, is often subsumed to give technology a larger-than-life image.
When the world began tinkering with artificial intelligence and machine learning, they were hardly a threat. Then Deep Blue and AlphaGo came along. The world began to realize that it is possible that under certain defined situations, AI could be smarter than human beings are. Then AlphaGo Zero came along and nightmares of world dominance re-emerged.
Our workplaces have gone through some seismic changes over the past few years and the pace of change doesn’t look like it’s slowing down anytime soon. From the invention of email sometime in the 1960s or 70s (depending on what story you believe) to instant messaging, social media, and now, artificial intelligence. We’ve come a long way since the Mad-Men-esque days of typewriters and switchboard operators.
Skills shortages across Europe have been making headlines for the past few years, but since the result of the Brexit referendum, the issue has really been thrust into the spotlight.
#AI #Recruitment #TalentAcquisition #TalentManagement
Artificial Intelligence has been a topic of conversation for decades. You do not have to go too far back to see cinema that hinted at it in the 1940’s to films that pushed us out of our comfort zone for AI, like “Star Wars” and “Blade Runner”. As we think about AI from a sci-fi point of view, it is fun, innovative and entertaining. The same should be said for bringing AI to the masses in a more meaningful way, like around engagement and interaction with talent and within teams.
It’s common to hear that organizations value talent. In fact, it is common sense to relate talent to success. Hence, organisations seem to be interested in recruiting and hiring talent for growth purposes and tend to promote talent management as part of their business strategy. So far so good, right?
Well, what if I told you that talent is not always that easy to manage and even more shocking is that not every organisation is really interested in talent as such, like they might think. I know, this sounds strange and out of place, but talking about talent is not that simple.
The workplace is converging, and so are future skill and talent requirements. Today, the auto industry is hiring more electrical and 3D printing engineers than hardcore manufacturing or mechanical engineers. Google is strengthening hardware capabilities further – recently paying $1.1B to acquire 2,000 HTC engineers. Irrespective of the industry and size, Business Intelligence and cloud skills are becoming a norm. It’s a new world with new rules. What does this agile business environment mean for Human Resources?
#Employee Engagement #CompanyCulture #People #Talent #Teams
As someone who helped to produce and parent the Millennial generation I probably shouldn’t be surprised by their list of clear-cut “wants” from their careers, and yet I can’t help sometimes feeling that the list is a bit excessive. We were never so finicky!
Let’s remind ourselves what we know about this generation that by 2020 will represent 40% of the working population:
It simply doesn't feel right to miss out on the current trend of writing about the death of employee performance reviews - if nothing else, they seem to make for such catchy headlines. Just recently, for example, Accenture claimed it was doing away with annual performance appraisals, and not to be left behind, Josh Bersin, Deloitte and PWC are suggesting we'll soon see radical changes in this domain. However, in the words of Andrew Lloyd Webber: "I've got news for you" and my news is: organisations will never do away with performance reviews because if they do, they will fail.