Transforming HR and People Analytics with AI – An Insight222 Webinar
myHRfuture Blog
by Justin Shemeley, Andrew Elston, and Jasdeep Kareer
1w ago
    Artificial Intelligence (AI) continues to reshape industries worldwide, and Human Resources (HR) is no exception. In our most recent webinar, industry experts Justin Shemeley, a Global People Analytics Leader at Ernst & Young (EY); Andrew Elston, a Principal Consultant specialising in Workforce Planning at HSBC; and our very own Jasdeep Kareer, a seasoned Data Science and People Analytics practitioner and now a Senior Director at Insight222 discussed the evolving role of AI in HR and its impact on organisational strategies. The Current Landscape of AI in HR  The conver ..read more
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Ethical Considerations in Using AI for HR
myHRfuture Blog
by Jasmine Panayides
2w ago
    With the exponential growth in people analytics, the ethical implications of gathering and workforce intelligence in human resources (HR) management have become a critical area of focus. Organisations are increasingly leveraging AI to streamline HR processes such as recruitment, performance evaluation, and employee engagement. And with the advent of generative AI large language models, such as ChatGPT, ethical concerns of its usage, particularly regarding privacy protection and data security, are paramount. As such, countries worldwide are imposing stringent standards on data c ..read more
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Revolutionising Workplace Experience through Employee Insights and Analytics
myHRfuture Blog
by David Green
1M ago
    With all the data we hold on our employees, from the interactions they make within the organisation to their performance metrics and engagement levels, there is a huge opportunity for HR leaders to use this valuable information to revolutionise the workplace experience. As such, during our most recent Digital HR Leaders Podcast series sponsored by Worklytics, we asked each guest, "How can HR leaders harness the power of employee insights and analytics to revolutionise the workplace experience?" A question we posed deliberately due to its substantial weight in discussio ..read more
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Investing in the Right Approach to Upskilling HR
myHRfuture Blog
by Naomi Verghese
1M ago
    As the HR function continues to evolve into a strategic business partner, it's increasingly important for HR leaders and professionals to continuously upskill and expand their knowledge. With technological advancements, changing workforce dynamics, and an ever-evolving business landscape, traditional HR practices may no longer suffice to support an organisation’s goals and objectives effectively. The Need for a Strategic, Data-Driven Approach Figure 1. The percentage of companies that report they have a data-driven culture for people data and analytics, 2021–2023. (Source: Upsk ..read more
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Partnering with Finance to Drive Greater Business Impact with People Analytics
myHRfuture Blog
by Jasmine Panayides
1M ago
    The decisions we make today shape the strategic capabilities of tomorrow. To secure investment and buy-in from senior executives, it's crucial to demonstrate the tangible financial benefits of people analytics. Our Insight222 People Analytics Trends 2023 report highlights that Leading Companies are already leveraging people analytics to drive financial outcomes. The Power of HR-Finance Collaboration To effectively scale and advance people analytics, partnering with finance is essential. This collaboration translates HR data into actionable business insights, aligning them with f ..read more
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How EDLIGO Enhances Organisational Performance with Skills-Based Models
myHRfuture Blog
by David Green and Dr. Lassaad Essafi
2M ago
    A skills-based approach to talent management is increasingly recognised as a strategic asset in today's fast-evolving business landscape. As organisations face unprecedented changes driven by rapid technological advancements, globalisation, and shifts in workforce dynamics, the traditional role-based hiring and development models are becoming less relevant. Instead, focusing on skills not only enables companies to align their workforce more closely with current and future business needs but also enhances their agility and competitiveness. According to the World Economic Forum, 5 ..read more
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How to Empower HR Through Data Literacy
myHRfuture Blog
by Jay Dorio
2M ago
    As we continue on our journey through the digital era, the influence of data in shaping business decisions and strategies continues to grow more prominent. We all know that we can’t rely solely on intuition and experience. Instead, we must continue to harness the power of data to gain valuable insights and make informed decisions.  As such, data literacy is set to be the most in-demand skill in the workplace by 2030, our Insight222 Upskilling the HR Profession: Building Data Literacy at Scale research found that "85% of C-suite executives believing that being data-literate ..read more
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Using AI to Transform your HR Strategies
myHRfuture Blog
by Jasmine Panayides
2M ago
    New technologies are playing an increasingly important role in shaping the way organisations operate. We are seeing sales teams using AI-powered tools to improve their lead generation and customer acquisition processes, while marketing teams are leveraging data analytics and automation to optimise their campaigns and create more personalised consumer experiences.  (Source: The Future of Work: Intelligent by Design Eightfold AI’s 2022 Talent Survey) According to a recent study, 78% of HR leaders report integrating AI into at least one function of their HR duties. This integ ..read more
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Five Ways HR Creates a Thriving Organisational Culture
myHRfuture Blog
by David Green
2M ago
    The concept of culture varies depending on who you ask, but one thing remains true—organisational culture is a key factor in any company's success and sustainability.  Fig. 1 MIT Sloan Management Review and CultureX It is what sets a company apart from its competitors and can be the deciding factor in attracting top talent, retaining employees, and ultimately driving business performance.  But what is the anchor that holds organisational culture together?   High-performing organisational cultures do not emerge spontaneously but are e ..read more
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6 Steps to Ethically Sound People Analytics
myHRfuture Blog
by Dirk Petersen
2M ago
    In late July 2017, a Who’s Who of Silicon Valley people analytics leaders came together at Intel. No one foresaw that Cambridge Analytica would soon raise the profile of data ethics to a new level of urgency. In fact, the leaders that day confirmed what similar groups had found at meetings earlier that month in London (hosted by Cisco), Amsterdam (ABN AMRO), and New York (Pfizer): people data ethics is important, but it’s not urgent. At that Intel meeting, the people analytics leaders from 55 companies came to the realisation that people data ethics is important, because of its ..read more
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