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Beating The Talent Crunch: How AI Can Redefine Your People Strategy

Dec 11, 2023 - forbes.com
The article discusses the potential of artificial intelligence (AI) in addressing the global talent crunch. The author suggests that AI can make roles more attractive by relieving employees of mundane tasks, improve recruitment processes by identifying suitable candidates, and help in building people's knowledge of AI. However, the author also warns of the biases associated with AI-based decision-making and the need for careful management and risk oversight of AI systems.

The author believes that AI can help in redefining talent strategies and can be a game-changer in business and talent transformation. By capitalizing on the benefits of AI in recruitment and retention processes, employers can achieve extraordinary business outcomes and overcome the talent crunch.

Key takeaways:

  • Artificial Intelligence (AI) can be a game-changer in addressing the global talent crunch, helping to make roles more attractive and improving recruitment processes.
  • AI can make work more exciting by relieving people of mundane tasks and creating entirely new job categories.
  • AI can improve the quality of recruitment processes by tracking the performance and retention rate of hires over time, but it's important to be aware of potential biases in AI-based decision-making.
  • Investing in building people’s knowledge of AI is crucial, with bespoke learning programs being a potential differentiator in today’s competitive talent market.
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