Vijay Bankar

These days the market is inundated with a plethora of HR Tech options with solutions championed by AI. Almost every vendor flaunts their offerings, expatiating the salient AI features of their product. And how it would successfully address our concerns relating to people management. And the fortuitous arrival of Generative AI seems to be the 'next-gen' nascent technology within the HR Tech landscape. It will offer use cases limited only by the fecundity of our imagination. The often cited main benefits of AI tools, as Sir Humphrey Appleby would say, "thereby releasing their overlords for the more onerous duties and profound deliberations that are the inevitable concomitant of their exalted position." 😃😃 Given the rapid innovations in product capabilities, purveyors do not fit into one category. It leads to misapprehension about the categorization due to overlap. The absence of clear demarcation makes it inscrutable and incomprehensible for lay people to understand t

A report on “ Global Human Capital Trends 2014 ” (pdf) prepared by  Deloitte , which surveyed 2,532 business and HR leaders in 94 countries concludes that the most important and urgent concern for HR professionals today is developing “leadership” pipeline to achieve strategic objectives. In fact, it has appeared as ‘ highly urgent’  at number one in the list of concerns followed by ‘Retention and engagement’, and ‘Reskilling HR’. The report states that “Building global leadership is by far the most urgent: Fully 38 percent of all respondents rated it “urgent,” almost 50 percent more than the percentage rating the next issue “urgent.” Companies see the need for leadership at all levels, in all geographies, and across all functional areas. This continuous need for new and better leaders has accelerated.” Now, as an HR professional we have two choices available, first, recruiting from other organizations and second, proactively develop leadership pipeline. We may also lo