Insights on Corporate Talent, Learning, and HR Technology
Two exciting AI announcements for HR today: SeekOut Assist and Eightfold Copilots for HR.
SeekOut Announcement: Giving Recruiters SuperPowers
SeekOut, a fast-growing recruiting and talent intelligence vendor, introduced one of the most exciting new applications of Generative AI today: Seekout Assist. This new product, which builds on the company’s powerful talent intelligence platform, ... Read more»
This week we saw another flurry of panic about AI. Elon Musk and a number of senior researchers wrote a letter asking the world to “slow down” for six months before advancing GPT4 (published by The Future of Life Institute). Goldman Sachs published a note that claims 300 million jobs will be affected by ... Read more»
Well, ready or not, GPT and Generative AI are arriving fast. And among the many places it appears, HR technology may be one of the first. As Bill Gates describes in his recent post, ChatGPT and its Generative AI cousins are going to totally change the way we use technology (bigger than Windows). And ... Read more»
This week we met with Workday at the company’s annual Innovation Summit and I walked away very impressed. Not only is Workday clear-eyed and definitive about its AI product strategy, the company is entering one of its strongest product cycles in years. I have never seen so many Workday features reach maturity and it’s clear ... Read more»
Microsoft is betting the farm on OpenAI and ChatGPT with the biggest upgrade to Microsoft 365 in decades. The new release, entitled Microsoft 365 Copilot, delivers Generative AI tools and chat embedded in every module in the suite: Word, Excel, PowerPoint, Outlook, Teams and Viva. They call it “Your Copilot for Work.”
And ... Read more»
On March 14, 2023 the United States will celebrate Equal Pay Day, the symbolic day dedicated to raising awareness of the gender pay gap, which is the difference between the average earnings of men and women for the same work. And according to most studies, this “pay gap” has a way to go.
In ... Read more»
Human Resources is one of the most complex, imperfect areas of business. Virtually every decision we make about people (who to hire, who to promote, how much to pay someone, how to develop someone) is based on judgment, experience, personal bias, and some amount of data. And since well over 50% of all corporate spending ... Read more»
Two Economics PhD candidates at MIT just published a fascinating study of the impact of ChatGPT on white collar productivity. And the results are pretty spectacular. (Note this is not peer reviewed yet.)
The team asked 444 white collar workers to do writing and editing tasks along the lines of marketing, grant writing, data analysis, ... Read more»
While journalists worry about generative AI (chatbots and Large Language Models), Microsoft is powering ahead. This week the company took a big step and introduced OpenAI embedded into Microsoft Dynamics and also introduced development tools to let you build intelligent chatbots on your own data.
This opens the door on the a massive ... Read more»
If there’s one topic I’ve learned to respect in business, it’s the critical role of culture. And this word, which many people define in different ways, almost always defines business performance, success, and even failure.
Over the last two years we have convened eleven in-depth, multi-week design meetings with more than 3,000 HR professionals. (We ... Read more»
It’s time for a new operating model for Human Resources, one we name “Systemic HR.” Bear with me as I explain this important change.
Business Challenge #1: Slower Growth, Labor Shortage
2023 represents a pivotal year. As we exit the pandemic and 15 years of low interest rates, companies are looking for new pathways to ... Read more»
LinkedIn Learning has been one of the most fascinating success stories in HR Technology. It all started in 2015 when LinkedIn acquired Lynda.com, a pioneering provider of high-quality video learning designed for creative professionals.
I knew Lynda.com well before the acquisition, and when they became part of LinkedIn I had to ask myself “what ... Read more»
While I’m not formally trained as an economist, I spend so much time with companies HR departments I feel like we are “micro-economics” experts. So in a confusing time of paradoxical data (low unemployment during growing layoffs), let me explain what’s happening.
The US Labor Market Is A Churning Engine
While it’s tempting to think ... Read more»
Why do we have a labor shortage as we enter an economic slowdown? It’s an interesting paradox.
For the first time I can remember we’re entering a global economic slowdown yet the unemployment rate has dropped to the lowest it’s been in 53 years (3.4%) There is a shortage of people to take the jobs ... Read more»
