Quick Challenge to HR: do you already analyse the free text data in exit interviews and performance appraisals?
Probably not as it is unstructured but most of the value is probably hidden there. And hubris to expect you can adopt AI if you can't analyse unstructured data but for those that can the linked article below covers:-
- Personalisation
- Workflow automation
- Improved recruitment
- Better prediction models
With added advantage of better analytics to plan, organise, direct and measure/control.
Also see "Unlocking HR Analytics".
: AI will get to know your company almost better than you do. Whether it’s predicting future turnover rates, reduced (or increased) employee engagement levels, concerns about internal employee communications, project completion problems, and any other unexpected hidden issues that would usually take years to surface, artificial intelligence will (most likely) be one step ahead of you. And when it comes to cost savings and overall organizational efficiencies, that’s a very good thing.
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