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Even with this uptick in HR experts who know how to work with data, only about 29% of professionals are taking advantage of insights from peopleanalytics. One reason for this is that many organizations have not progressed beyond simple reporting to applying more advanced analytics of seeking trends and generating predictions.
The company is also refining its data analytics operations, and it is deploying advanced manufacturing using IoT devices, as well as AI-enhanced robotics. PepsiCo also plans to evolve its network modeling to become more “prescriptive,” anticipating events and making planning adjustments rather than reacting to market conditions, she says.
Given the lack of historical precedents to an event like this, most businesses have established war rooms—very, very agile war rooms to cope with issues right now in the supply chain, in workforce management, in cash and finances. And this again, for subsectors again will also change in a lot of places. Anushruti: Completely agree, Moni.
“We want to look at growth, attrition, sales performance in our sales organization, we’re looking at diversity by ethnicity and gender and ensuring that our practices are attracting a diverse talent pool…employee and leadership engagement (through CultureAmp), and in addition, when people leave the organization, why are they leaving? ”.
As in the current business environment, many promotional activities, programs and events have been cancelled or put on hold. Listen to Dhritiman Chakrabarti, Advisor – PeopleAnalytics, BRIDGEi2i talk about the role of HR teams in mitigating the COVID-19 crisis and the redefinition of work in the new era.
In the post-COVID era, they can be empowered with a high standard of data and analytics sophistication to cope and thrive. By allowing that, they could have a steady demand forecast based on sensing algorithms and react faster to such events. Subscribe Now. Transcript. Anushruti: Hello, everyone.
Secondly, I think there is a strong need for insurers to be much more prepared and coordinated in case of events like these pandemics and how it disrupts the world economy. Equally, the entire set of consumer-facing activities need to be a lot more digital, be it for consumers to submit claims, or get their customer queries resolved.
But I think it has another implication – the word unprecedented kind of admonishes any people or organizations that are either too comfortable with, you know, our ignorant of history or too intellectually lazy to comprehend how even one event can deterministically lead to another. Listen Now.
Ria: Artificial Intelligence, I think is coming in to a greater and greater role in the world, not just in terms of its natural progression or its natural power to transform our technological landscape, but in light also of these global pandemics and these kinds of a Black Swan events that we’re seeing in the world arise.
Hi , It’s been an eventful quarter at BRIDGEi2i; from big new logo wins to inspiring client transformation stories shaping up and notable recognition from the industry, it’s been all action. BRIDGEi2i is pioneering this massive shift from traditional peopleanalytics to AI powered Talent transformation through its AI for Talent practice!
Hi , It’s been an eventful quarter at BRIDGEi2i; from big new logo wins to inspiring client transformation stories shaping up and notable recognition from the industry, it’s been all action. BRIDGEi2i is pioneering this massive shift from traditional peopleanalytics to AI powered Talent transformation through its AI for Talent practice!
Melita: So Mukesh, right now, we are in the COVID-19 outbreak event, which is one of the most unprecedented events of our time, and it has impacted all of us. So, I think it is a Black Swan event, and you know it has got all the businesses unprepared. It has impacted people in 200 countries. Mukesh: Thank you, Melita.
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