07/16/2024 | Press release | Distributed by Public on 07/16/2024 11:20
AI will create a significant step change in the way HR operates, driving smarter decisions and fostering a more human-centric approach.
From virtual assistants streamlining administrative tasks to personalised learning and development initiatives, AI is already making waves in the HR space. In fact, a third of HR leaders told us they use generative AI (GenAI) tools such as ChatGPT in their roles, and 78% want to integrate AI more within HR tasks.
While adoption rates are still in their infancy, HR leaders are excited about the technology, with the majority anticipating that AI will create more jobs, improve job satisfaction, and foster stronger c-suite relationships.
Our new eBook, Unlocking the power of AI in HR, is a practical guide for HR leaders to understand the benefits AI can deliver now - and in the future - with tips and advice from industry experts. It covers the key considerations around the ethical use of AI at work, the future impact of AI in HR on skills and jobs, and current use cases for the technology.
In this article, we discuss:
When we talk about AI in HR, we're referring to a family of smart technologies and techniques that can help automate, streamline, or enhance many HR processes and functions. Intuitive technology with the ability to take the guesswork out of decision-making, easily interpret data, and highlight issues and opportunities well ahead of time.
Automation and AI are frequently paired together, and although there's an element of automation within AI tech, AI adds a whole other layer of assistance on top.
As Ben Eubanks, Chief Research Officer at Lighthouse Research & Advisory and author of Artificial Intelligence for HR, puts it: "Automation is repeating what we've already done, AI is about using what we've already done to predict possible future outcomes, such as matching candidates to job openings, or even matching development opportunities to the workforce."
Artificial intelligence has made significant strides in certain areas of HR, particularly in recruitment, training, performance management, and analytics.
"AI finally makes use of big data in a way we can handle," says Perry Timms, Founder and Chief Energy Officer of PTHR. "Some great examples in HR are AI to help people access knowledge to create organisational wisdom in decision-making based on prompted parameters - like capability gaps."
AI's automation capabilities are also invaluable in streamlining tasks like writing policies, job adverts, and responses to applicants, saving time and effort.
"Gone are the days of working from scratch, [GenAI] recently helped us write over 400 job profiles which was a core feature of our new global career model," reports Claudia Sneddon, Global Talent Acquisition Director at Expleo Group
By harnessing the predictive capabilities of AI, HR leaders can make data-driven decisions, anticipate future trends, and proactively address challenges in talent management, workforce planning, and employee engagement, ultimately driving organisational success and competitive advantage.
However, the human element remains key, with HR leaders' many years of experience still very much valid to utilise the outputs from the tech to make intelligent decisions.
"Savvy HR leaders are using AI to make predictions, and then using their own judgement, expertise and knowledge to make the decision." - Ben Eubanks, Chief Research Officer at Lighthouse Research & Advisory
The landscape of AI tools and software in HR is evolving rapidly, with new applications and use cases emerging steadily.
In terms of the tech itself, there are two main approaches: standalone AI software and AI-enabled solutions. Standalone software focuses solely on AI-driven tasks like talent acquisition and performance evaluation, often requiring integration. AI-enabled solutions seamlessly integrate technology like natural language processing and machine learning into existing HR platforms, extending the capabilities of those platforms.
Both approaches offer distinct advantages. Read on for our summary of the seven ways AI is already being used in HR today and how it can benefit HR.
The magic of AI lies in its ability to understand, adapt, and interact in ways that resonate with human behaviour and needs. In our eBook, we explore how AI not only has the ability to generate a more human experience when interacting with technology, but can actually empower HR leaders to work in a more human way.
AI can personalise experiences, understand emotions, and anticipate user needs through advanced algorithms and learning capabilities. This makes interactions with HR technology - for both HR and employees - feel more intuitive and human-like.
While AI isn't a silver bullet for every HR challenge, implementing it wisely, ethically, and strategically will free HR up to be less process-driven, and more people-focused. The panacea most people professionals have been striving towards for a long time.