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Thursday, May 16, 2024

AI set to revolutionise HR processes in 2024

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The transformative power of artificial intelligence (AI) in the field of human resources (HR) was the primary topic of conversation at a recent meeting among strategic people and HR leaders. Industry reports are beginning to showcase how these conversations align with the evolving reality. HR is no longer a purely administrative function; it must lead transformative initiatives, with many professionals believing that generative AI (Gen AI) is crucial to this evolution.

According to a survey by the Conference Board, 61% of 194 surveyed chief HR officers plan to invest in AI to streamline HR processes in 2024. This rapid adoption of AI is anticipated to result in the largest upskilling and reskilling undertaking in HR history, extending to other departments as well. However, certain preparatory steps must be taken before this skills-building process can…

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