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Showing posts with the label machine learning

Future of Work and HR Analytics

The fourth Industrial revolution is disrupting the business ecosystem greatly. It's different from the prior three industries that civilization has observed so far - Steam, Electric, and Information Technology. The present disruption is a blend of the digital, physical, and biosphere worlds and agnostic to geography, size, and industry. Companies are required to change or respond proactively to stay fit for the future or risk getting close to disappearance. In the time of such disruptions and complexities, businesses need to be constant learners and active to technological advances in order to thrive. Artificial Intelligence, digital technologies, and the capability to shine on data assets will be integral to the future of business. Data assets are becoming instrumental in making informed and fair decisions to respond to the fast-changing corporate world. This radical shift will not be conceivable without the Human Resources function evolving into a new avatar that takes a v...

Top 4 Examples of How HR Professionals Are Using Analytics to Solve Problems

Hired to deliver on human resources, reduce time to hire, get the best PO (Person-Organization) and PJ (Person-Job) fits for their company, performance evaluations, grievances, and basically manage everything from their on-boarding to their leaving – HR is a part of an employee’s whole journey in a company. Advanced analytics is paving way for HR personnel to hire smarter, work smarter with managing staff, and seek smart opportunities for themselves to speed up all procedures. Here are 4 case studies that reveal successful application of big data analytics in HR: Telecom Company Cuts Hiring Time by Half and Hires 100 High-Impact Experts Within Three Years – a leading European telecom company sought to contend with international media and IT players by adopting the internet telephony revolution and developing businesses in both digital television and mobile networks. McKinsey worked with the HR director to develop a three-year program to turn the telecom corporation into a peo...