Insights on Corporate Talent, Learning, and HR Technology
As I discuss in this week’s podcast, People Analytics has grown up. Historically this domain was defined by engagement surveys, retention and turnover studies, and industrial and organizational psychologists. Today, thanks to a new breed of vendors (and AI), a new era has emerged. And I like to think of it as “Systemic People ... Read more»
HR software makes up one of the largest technology markets in the world. By our estimate this is a $250 billion market, consisting of payroll systems, core HR platforms, recruiting, training, benefits, and hundreds of other applications. And over the last five years, as companies have adapted to hybrid work and the pandemic, the market ... Read more»
This week Microsoft unleashed a massive array of product announcements (50 in total) around the use of Copilots throughout our daily lives. And while we all may understand the idea, now these tools are real. And it’s clear to me that Microsoft has gotten their groove and is executing quickly with a laser focus.
While ... Read more»
Everywhere I go companies are focused on building a skills-based organization. Originally fueled by the need to hire and build digital skills, today companies are looking for skills in AI, new energy technologies, batteries, genomic sciences, and a vast array of new platforms, products, and industry processes.
Why is this happening? There are two enormous ... Read more»
This week I spent a few days at the ASU/GSV conference and ran into 7,000 educators, entrepreneurs, and corporate training people who had gone CRAZY for AI.
No, I’m not kidding. This community, which makes up people like training managers, community college leaders, educators, and policymakers is absolutely freaked out about ChatGPT, Large Language Models, ... Read more»
I just completed more than 20 in-depth interviews with HR Technology vendors to understand their AI strategies. And as I describe in the video below, I believe the results will be dramatic. Not only are vendors reinventing their offerings, new AI-centric systems have a completely different architecture, user interface, and design.
While it’s still ... Read more»
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»
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»
