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Best Practices for Successful Workforce Planning During Economic Uncertainty

Eightfold

Heightened financial uncertainty has businesses of all sizes struggling to strategically plan for the long term. Company leaders are asking themselves, “Do I plan for leaner times, greater growth, or both?”. The answers to these questions directly impact workforce planning. Key to that is scenario planning. .

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AI Ethics: Implications for Human Resource Leaders

Engagedly

As 76% of HR leaders express concern that their companies risk falling behind competitors within the next 12 to 24 months without adopting AI solutions, the discourse around generative AI ethics gains prominence. AI, beyond automating tasks, empowers human potential and yields rapid, precise outcomes.

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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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Contingent workers: The hidden stars of a nimble workforce in 2023

Eightfold

Contingent talent brings elasticity to the workforce. The last few years have been difficult for talent-planning teams, and it doesn’t look to get more manageable anytime soon. . The challenge, said Rebecca Warren , Director of Customer Success at Eightfold AI, is changing the perception of a contingent workforce.

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New year, new priorities: 5 common CHRO themes

Eightfold

HR leaders have been under immense pressure to quickly deliver against a mountain of shifting priorities that include virtual work, record hiring demand, growing resignations, promoting well-being, DEI enablement, and so much more. . As we enter this year, economic uncertainty requires that HR leaders be ready to pivot again.

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10 rising tech skills that could benefit any workforce

Eightfold

“You need digital transformation to survive,” said Hicham Zahr , Head of Insights and Analytics at Eightfold AI, in a podcast. By staying informed about the skills in high demand that are likely to continue growing in importance, HR leaders can make more informed decisions about their workforce planning and development efforts.

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Talent Management, COVID, and the Finance Sector: How HR Can Respond

Eightfold

Boards are asking CFOs planning to retire to stay,” Trentmann reported. In light of these challenges, HR leaders should seek to get a comprehensive view of the individual skills each member of the workforce brings to the table, then compare those against the skills the organization will need in both the short term and the long term.