IBM’s Artificial Intelligence Strategy Is Fantastic, But AI Also Cut 30% Of Its HR Workforce

Ginni Rometty is CEO, president and chairman of IBM. She has held the top job since 2012.

When she joined the company in 1981, total headcount across IBM was roughly 350,000. By 1994, under the direction of CEO Lou Gerstner, headcount dropped to around 225,000.

When she took over as CEO from Sam Palmisano—who had enjoyed a ten-year run as IBM’s top dog—the global employee population at the company had swollen to nearly 450,000 people. Some of it was organic. A lot of it was by acquisition.

Source: https://www.forbes.com/sites/danpontefract/2019/04/06/ibms-artificial-intelligence-strategy-is-fantastic-but-ai-also-cut-30-of-its-hr-workforce/#4063ab77126a

Spotlight: Small Businesses Can Be Less Foggy About Cloud Computing with BambooHR

Managing HR is an important function for any business. But small businesses often rely on spreadsheets and outdated processes. Cloud system BambooHR aims to fix this problem.

In addition to the company’s solutions, they also promote a culture of freedom and work-life balance. Read more about the unique team environment in this week’s Small Business Spotlight.

Source: https://smallbiztrends.com/2019/04/cloud-based-hr-software-bamboohr.html

The Awesome Influence of Women in HR

Whether they’re eliminating traditional performance reviews, improving employee engagement or putting more women in upper management, female HR leaders are making a difference. Meet some of the women influencing HR.

Organizations are transforming how they manage their workforces, and women in C-suite human resources positions are leading the way.

Source: https://www.workforce.com/2017/01/10/awesome-influence-women-hr/

AI: The New Engine Of HR

An organization is only as good as its people, and therefore, effective human resource management is vital for the success of a business. This is the reason why millions upon millions of dollars are poured into HR efforts each and every year. Everyone wants the best piece of the talent cake.

However, nothing comes without a struggle, and with the changing job market, alongside a widening skills gap, employers are starting to call for better and more effective ways to attract, acquire, and retain top talent. Artificial intelligence (commonly dubbed as AI) is here to answer that calling.

Source: https://www.entrepreneur.com/article/331073a

Why Every Company Needs An Artificial Intelligence (AI) Strategy For 2019

There’s no doubt that artificial intelligence (AI) is a transformative technology – perhaps even the most transformative technology available today. But if you think the transformative nature of AI is limited to global tech giants and blue-chip companies, think again. AI is ultimately going to transform every business, in every industry.

Perhaps you read that last sentence and thought to yourself, well, not my business. My retail business [or HR consultancy, B2B service provider, fashion design business, disaster relief charity, football club or whatever] has nothing to do with AI. I repeat, think again. Even if you can’t yet imagine how AI will impact your organisation, trust that, in the not-too-distant future, it most definitely will.

Source: https://www.forbes.com/sites/bernardmarr/2019/03/21/why-every-company-needs-an-artificial-intelligence-ai-strategy-for-2019/#67de3eac68ea

Growing role of Artificial Intelligence in HR tech

As a concept, Artificial Intelligence (AI) has been around for decades. However, it was in the last 20 years that the successful application of Machine Learning (ML) enabled the boom of AI. The ability of a machine to perform cognitive functions associated with the human mind, AI is used everywhere from Siri conversing with a user to IBM Watson’s autonomous weaponry.

Source: https://yourstory.com/2019/03/growing-role-of-artificial-intelligence-in-hr-tech-dbmgzercm1

How Artificial Intelligence is Humanizing HR

Artificial intelligence (AI) is the inevitable next step for high-growth companies, and no one disputes its ability to drive efficiencies, scale and effectiveness. However, the topic of ‘AI in Human Resources’ evokes excitement and dread at the same time. Excitement for all it could help us achieve, and dread about the potential ‘dehumanization’ of AI. We explore how AI will make HR more human.

As artificial intelligence becomes more sophisticated and its ability to perform human tasks accelerates exponentially, business leaders are trying to comprehend what this means, not just for organizations, but for people as well.

Source: https://www.hrtechnologist.com/articles/digital-transformation/how-artificial-intelligence-is-humanizing-hr/

HR experts share the skills they say employees will most need in the future

As the future of work changes, it’s more important than ever for employees to make sure they have the skills required to keep up. That was the message this week from People Matters TechHR 2019, Asia’s largest human resources conference.

The remarks out of that Singapore event form part of a growing discourse around the impact technology and automation will have on the jobs landscape. It’s estimated that by 2030, 75 million to 375 million workers (3 to 14 percent of the global workforce) will need to switch occupational categories, according to one McKinsey report.

Source: https://www.cnbc.com/2019/03/01/hr-experts-share-the-skills-employees-will-most-need-in-the-future.html