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Where to Start? Talent Marketplaces, LXPs, & Degreed

Degreed

Yes, the learning experience platform (LXP) and the talent marketplace each are used in the realm of human resources and talent management. They maintain talent profiles and typically feature communication tools that facilitate collaboration. Conduct succession planning. So, where should you start?

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AI in HR: 2024 Guide to Opportunities and Applications in HR

Analytics in HR

The use of AI in HR is growing fast. A recent survey by Eightfold AI of more than 250 HR leaders found that 92% plan to increase their use of AI in at least one area of HR. Let’s explore the state of AI in human resources, its opportunities and challenges, and the implications for HR professionals.

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How HR Chatbots Can Improve HR Processes (Includes Company Examples)

Analytics in HR

HR chatbots are software programs that use artificial intelligence (AI) to handle various human resource functions like answering basic questions, performing tasks, and offering support. According to Precision Reports, the HR chatbot market is projected to grow considerably between 2023 and 2030.

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Recession-Proof Your Workforce With Succession Planning and Upskilling

Eightfold

During a recession, HR teams are often tasked with maximizing the use of the current workforce so their organizations can still achieve goals even under financial constraints. . HR teams must be prepared, proactive, and predictive in planning for the workforce impacts of a recession, writes Cignex’s Ankita Singh. .

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Next in Line: How to Get Succession Planning Right

Eightfold

Losing senior leadership — or any important personnel member — without adequate succession planning can leave organizations in a vulnerable position. . Additionally, organizations that do have succession plans in place tend to limit discussion and decision-making to the C-suite. . Why Succession Plans Are Important.

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2023 trends: Skills will be at the heart of talent planning

Eightfold

In 2023, workforce planning can’t happen in a talent data silo. Skills-driven workforce planning will require organizations to rethink how they approach their most fundamental talent programs across the entire employee life cycle. This makes planning for future workforce needs tricky. But making that transition isn’t simple.

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How DICK’S Sporting Goods Uses AI to Elevate Team Skills in a Changing Workplace

Eightfold

It found that 50 percent of the workforce would need reskilling or upskilling by 2025 to meet the new responsibilities created by technology and automation. Skills are the throughline connecting all aspects of the employee life cycle,” said Jason Cerrato, Senior Director of Product Marketing at Eightfold AI.