DECEMBER 2018HR TECH OUTLOOK8A New Technological World: The Impact on Your Day-to-Day HR FunctionsBy Ragu Bhargava, Co-Founder and CEO, Global Upside CorporationRaise your hand if your LinkedIn feed is not filled with titles like "how virtual reality will revolutionize HR." We have all read those articles in frustration as we scroll to the bottom and not one sentence provides the answer. Even as various companies have begun implementing these new age technologies, the question remains: what is the actual, real life impact of new technology for you as a human resource professional?Find Talent More EffectivelyEarly on, a lot of AI was built around resume sorting. And it is still known today for resume sorting, because it can be frustrating to spend days going through a stack of resumes to come out the other end with no candidates or ones that are no longer available. AI can enable you to take immediate action, so you don't lose out on the best candidates.But as companies are realizing, there is more to AI than meets the eye. With real time feedback, you can play with a job description or advertisement to adjust the size and features of a talent pool. In times of low unemployment rates, you can more effectively recruit passive talent using this real time feedback. AI tools can source profiles, companies that may have layoffs or low earning reports, and the length of time a candidate has been in their job, providing a shortlist of potentially receptive candidates.Spice Things Up for Improved EngagementFrom educating new hires on company procedures to improving current employees' skills, training is a critical aspect of any business strategy. But the typical training session angles toward an inefficient use of time for employees without significantly improving skills. The Ragu BhargavaIn MyOpinion
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