In order to step up the game, one must develop a deeper understanding of emerging trends and figure out how to reap maximum benefits from them. So, keep up the pace with dynamic tech novelties and use them as to gain competitive advantage.
The future is now
Artificial intelligence is seen as the next big thing in HR, although the AI capable of performing intellectual tasks is still light years away. Then again, remarkable achievements have been made in the areas of problem-solving, natural language processing, social intelligence, creative tasks, and planning. This has been made possible by other tech accomplishments, such as the surge in big data and analytical software tools. Possible applications involve predictions about the performance of potential candidates, identification of productivity issues, or assessing the work done by current employees.
Until AI inevitably enters the spotlight, we have various other tech tools to take advantage of. First off, we come across performance appraisal tools, as well as gamified performance appraisal platforms that Millennials seem to adore. These platforms allow us to set up a tracking framework, conduct reviews on an ongoing basis, and make them an integral part of managing HR. That way, good work is rightfully recognized and praised, while errors are identified early on. This boosts productivity across the board and ultimately impacts the bottom line.
Furthermore, technology offers a helping hand in the hiring department. It enables us to anticipate how well the candidates will fit into company culture and meet job requirements. What is more, it empowers entrepreneurs to evaluate the way company-wide changes and small-scale tweaks will affect the collective. This can be pulled off with a survey and advanced business intelligence software. Namely, the first step is to ask the right questions and gather the related data. The next stage revolves around making sense of it and conducting a thorough analysis. This is as close to a crystal ball as one can get.
The importance of digital transformation cannot be stressed enough. It is reflected in the company culture and the employee experience, which is expected to increasingly mirror swell consumer experience. So, although technology has infused every aspect of modern business, the human-centered approach is perceived as the best way to embrace the winds of change. Financial perks and material benefits wane in the dazzling presence of a personal and compelling work experience. It is marked by creative tech utilization, one which transforms the methods of workers’ engagement and motivation.
Social platforms in the league of Facebook and Twitter are widely used in the hiring process, either to scout for candidates, handle background checks, or advertise open positions. It has never been more important for businessmen to embrace social media as a powerful business tool. A bulk of top talent, especially younger candidates, spends a great deal of time on these digital highways and leaves trace that can be analyzed. In this day and age, everything is going digital, even though that does not mean face-to-face communication has become completely obsolete.
The next level HR
The rise of HR tech is the defining trait of the business times we live in. The name of the game is constant improvement, learning and change. If you really mean business, you have to utilize technology to keep track of your employees, as well as to attract and retain talent. Beyond everything else, one should strive to nurture an extraordinary, meaningful job experience in order to harness the full power of your HR. That way, a businessman is in a position to make the company future-proof and get ahead of the curve.
- Paul L. Marciano
- Publisher: McGraw-Hill Education
- Edition no. 1 (07/05/2010)
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- Michael Bungay Stanier
- Publisher: Page Two
- Alan Willett
- Publisher: AMACOM
Last update on 2020-03-19 / Affiliate links / Images from Amazon Product Advertising API
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