{"id":29249,"date":"2024-09-04T12:06:36","date_gmt":"2024-09-04T06:36:36","guid":{"rendered":"https:\/\/ascent-hr.com\/?p=29249"},"modified":"2024-09-26T10:39:27","modified_gmt":"2024-09-26T05:09:27","slug":"the-impact-of-ai-on-talent-management","status":"publish","type":"post","link":"https:\/\/ascent-hr.com\/en-sg\/resources\/in-the-press\/the-impact-of-ai-on-talent-management\/","title":{"rendered":"The impact of AI on talent management"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"29249\" class=\"elementor elementor-29249\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-3adb1cf2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3adb1cf2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div 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has_subtitle\" ><h1 style=\"text-align: left;line-height: 50px;font-weight:700\" class=\"consulting-custom-title\">The impact of AI on talent management<span class=\"subtitle\">by Bareena Irwin Tamang, L&D Lead (AscentHR)<\/span><\/h1><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9d54bbc elementor-widget elementor-widget-stm_post_details\" data-id=\"9d54bbc\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"press\" data-widget_type=\"stm_post_details.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"post_details_wr  consulting_elementor_post_details\">\n    \n<div class=\"stm_post_info\">\n\t<div class=\"stm_post_details clearfix\">\n\t\t<ul class=\"clearfix\">\n\t\t\t<li class=\"post_date\">\n\t\t\t\t<i class=\"fa fa fa-clock-o\"><\/i>\n\t\t\t\tSeptember 4, 2024\t\t\t<\/li>\n\t\t\t<li class=\"post_by\">Posted by:\t\t\t\t<span>AscentHR<\/span>\n\t\t\t<\/li>\n\t\t\t<li class=\"post_cat\">Categories:\t\t\t\t<span>Authored Article, In the Press<\/span>\n\t\t\t<\/li>\n\t\t<\/ul>\n\t\t<div class=\"comments_num\">\n\t\t\t<a href=\"https:\/\/ascent-hr.com\/en-sg\/resources\/in-the-press\/the-impact-of-ai-on-talent-management\/#respond\"><i class=\"fa fa-comment-o\"><\/i>No Comments <\/a>\n\t\t<\/div>\n\t<\/div>\n\t\t\t<div class=\"post_thumbnail\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"988\" height=\"550\" src=\"https:\/\/ascent-hr.com\/wp-content\/uploads\/2023\/10\/Express_Computer_in_the_press-988x550.webp\" class=\"attachment-consulting-image-1110x550-croped size-consulting-image-1110x550-croped wp-post-image\" alt=\"Press thumbnail with Express Computer logo\" srcset=\"https:\/\/ascent-hr.com\/wp-content\/uploads\/2023\/10\/Express_Computer_in_the_press-988x550.webp 988w, https:\/\/ascent-hr.com\/wp-content\/uploads\/2023\/10\/Express_Computer_in_the_press-350x195.webp 350w\" sizes=\"auto, (max-width: 988px) 100vw, 988px\" \/>\t\t<\/div>\n\t<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-cb6113e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cb6113e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-a363c59\" data-id=\"a363c59\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a2925f8 elementor-widget elementor-widget-heading\" data-id=\"a2925f8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Published in<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-de43b20 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"de43b20\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-0b78a4a\" data-id=\"0b78a4a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8f5f335 elementor-widget elementor-widget-image\" data-id=\"8f5f335\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.expresscomputer.in\/guest-blogs\/the-impact-of-ai-on-talent-management\/115681\/\" target=\"_blank\" title=\"link to the Express Computer website article\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"220\" height=\"60\" src=\"https:\/\/ascent-hr.com\/wp-content\/uploads\/2023\/10\/Express-Computer-logo.webp\" class=\"attachment-medium size-medium wp-image-22442\" alt=\"Express Computer Logo\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-f64ea27\" data-id=\"f64ea27\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-da938d2 elementor-widget elementor-widget-text-editor\" data-id=\"da938d2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p1\">Artificial intelligence (AI) and predictive algorithms have a significant impact on several aspects of talent management, including recruitment and onboarding, employee engagement, performance management, learning and development, and employee retention.<\/p>\n<p class=\"p1\">This article aims to offer a glimpse into AI-powered HR processes, specifically into the <b>talent management<\/b> sphere. Talent management is a broader term that encompasses the entire employee lifecycle, including performance management, employee development, retention, and succession planning. Talent management addresses the overall management and development of existing talent within a company.<\/p>\n<p class=\"p1\">Numerous prominent entities within the Human Resources Outsourcing (HRO) sector have embraced advanced AI-driven solutions to revolutionise performance management. Across the industry landscape, various organisations have recognised the transformative potential of artificial intelligence in optimising performance management processes. These forward-thinking companies are embracing innovation and efficiency in their operational paradigms by strategically deploying AI tools and systems to augment multiple facets of performance management like:<\/p>\n<h4 class=\"p1\"><b>Performance Analytics for informed decision-making <\/b><\/h4>\n<p class=\"p1\">Performance management systems driven by AI and predictive algorithms can boost HR analytics and offer valuable insights into employee performance from multiple perspectives. This can translate into more accurate performance evaluations and lead to increased efficiency. Moreover, technology-driven performance metrics can offer better insights and lead to objective assessments of employees\u2019 performance.<\/p>\n<h4 class=\"p1\"><b>Real-time and personalized feedback for operational efficiency <\/b><\/h4>\n<p class=\"p1\">AI-enabled performance management systems can help organisations go beyond conventional feedback cycles that may typically happen monthly, bi-annually, or annually. AI-powered performance management platforms enable real-time feedback mechanisms, allowing continuous performance assessments and timely interventions.<\/p>\n<p class=\"p1\">Imagine a wearable device specifically designed for warehouse personnel meant to enhance their productivity at work. Like a fitness wristband that records information about an individual\u2019s physical fitness and activity, the wearable device can track the precise location and hand movement of warehouse employees and nudge them with vibrations. The device triggers these prompts when it identifies that employees are doing something wrong, like when they try to touch or retrieve a wrong package. This device has already been developed and patented by a retail e-commerce giant but is not yet available in the market.<\/p>\n<h4 class=\"p1\"><b>Personalised feedback for continuous improvement<\/b><\/h4>\n<p class=\"p1\">AI-powered talent management tools can generate personalised feedback for employees based on their performance data. This doesn\u2019t mean that AI will remove managers\u2019 role in giving feedback altogether. It can assist managers with better insights, improving accuracy, removing bias, and fostering a culture of continuous improvement and growth.<\/p>\n<h4 class=\"p1\"><b>Quicker Employee recognition <\/b><\/h4>\n<p class=\"p1\">AI-driven performance metrics can speed up certain processes and decisions. For example, it can enable faster identification of high-performers and reward them quickly rather than being confined to annual evaluations. These systems can assist managers in bridging skill differences among team members and even arrive at well-informed plans for managing promotions and compensation.<\/p>\n<h4 class=\"p1\"><b>Objective and predictive performance assessment <\/b><\/h4>\n<p class=\"p1\">Provided the AI model is configured well, giving utmost importance to data transparency, one of the biggest advantages of an AI-enabled system is its ability to evaluate employee performance objectively. The outcome produced by such AI-modeled systems can reduce bias, enhance impartiality, and promote fair and equitable assessments as the results are based on objective data. These systems can also predict future performance trends based on historical data, helping organisations anticipate challenges and develop proactive strategies.<\/p>\n<h4 class=\"p1\"><b>Learning and Development <\/b><\/h4>\n<p class=\"p1\">AI can play a crucial role in employee growth and development aspect as it can deliver personalised learning experiences. For instance, an AI-powered chatbot can provide personalised learning support through adaptive content and customised training recommendations, taking into consideration the individual employee\u2019s learning requirements, preferences, and objectives. Such systems can augment L&amp;D professionals in facilitating better discussions and improving overall learner engagement.<\/p>\n<h4 class=\"p1\"><b>Employee Retention<\/b><\/h4>\n<p class=\"p1\">Keeping track of employees\u2019 sentiments and the overall work atmosphere in an organisation is becoming critical for anticipating employee turnover and taking quick measures to improve employee engagement and retention. To achieve these outcomes, organisations need to gather and analyse massive data from various sources within and outside the organisation to understand the prevailing employee sentiments. An AI-powered system can efficiently process such large amounts of data.<\/p>\n<p class=\"p1\">For instance, Natural Language Processing (NLP) tools can be deployed to analyse employees\u2019 feedback from surveys and social media platforms, helping organisations address factors causing employee dissatisfaction before they lead to turnover. There are plenty of such platforms and HR tools that can help an organization keep a pulse of the workforce and devise retention strategies to mitigate employee turnover risks.<\/p>\n<h4 class=\"p1\"><b>Conclusion<\/b><\/h4>\n<p class=\"p1\">The traditional methods of performance evaluations may not be enough to keep pace with the changing business landscape. Organisations need to embrace the AI-driven emerging trends in performance management to remain competitive. However, organisations need to implement these tools and technologies thoughtfully, considering factors such as data privacy and ethical considerations in performance evaluation to ensure that data is being used responsibly. Adopting this business principle can foster transparency in AI-driven decisions. While the benefit of AI for HR is profound, organisations need to maintain a good balance between technology usage and the human touch in managing talent effectively.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e4afd74 elementor-widget elementor-widget-text-editor\" data-id=\"e4afd74\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h5 class=\"p1\"><strong>About the Author<\/strong><\/h5>\n<p class=\"p1\"><span class=\"s1\"><strong>Bareena Irwin Tamang<\/strong>, L&amp;D Lead at Ascent HR Technologies Private Limited (formerly known as Ascent Consulting Services Pvt. Ltd.), is an experienced Senior training lead with over 14 years of experience in the Customer Service Industry, and Learning &amp; Development domain in the HR industry. She has strong skills in the areas of coaching, employee learning and development, employee training, customer service training, soft skills and behavior training, and recruitment. Bareena has completed her MBA in Human Resources from the Welingkar Institute of Management Development &amp; Research.<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9d56954 elementor-widget elementor-widget-stm_post_bottom\" data-id=\"9d56954\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"stm_post_bottom.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"post_bottom_wr  consulting_elementor_post_bottom_info\">\n    <div class=\"post_bottom media\">\n\t\t<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9d56a47 elementor-widget elementor-widget-stm_post_about_author\" data-id=\"9d56a47\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"stm_post_about_author.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"about_author_wr  consulting_elementor_post_about_author\">\n    <\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-9d56c19 elementor-hidden-tablet elementor-hidden-phone\" data-id=\"9d56c19\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9d5724f elementor-widget elementor-widget-stm_sidebar\" data-id=\"9d5724f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"stm_sidebar.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<div class=\"stm_sidebar consulting_elementor_sidebar\">\n\n            \t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"17483\" class=\"elementor elementor-17483\" data-elementor-post-type=\"stm_vc_sidebar\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-86c5a23 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"86c5a23\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-86c64eb\" data-id=\"86c64eb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9c694df elementor-widget elementor-widget-heading\" data-id=\"9c694df\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Other Press Articles<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6853d8a elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"6853d8a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ecc6a9d elementor-widget elementor-widget-stm_news\" data-id=\"ecc6a9d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"stm_news.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"consulting_posts_box consulting_elementor_posts\n\t\t\t\tlist\t\t\t\t\">\n\t\t\t\t\t<ul class=\"consulting_posts posts_per_row_\">\n\t\t\t\t\t\t<li class=\"post_item\">\n\t<div class=\"post_inner\">\n\t\t\t\t<div class=\"news_item_info\">\n\t\t\t<h5 class=\"news_item_title line_none\">\n\t\t\t\t<a href=\"https:\/\/ascent-hr.com\/en-sg\/resources\/in-the-press\/the-growing-gap-between-education-employability-in-young-india\/\">The Growing Gap Between Education &#038; 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learning<\/p>\n","protected":false},"author":2,"featured_media":22443,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[280,158],"tags":[],"categories_case_studies":[],"class_list":["post-29249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-authored-article","category-in-the-press"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The impact of AI on talent management - AscentHR<\/title>\n<meta name=\"description\" content=\"Explore how AI is transforming talent management, enhancing recruitment, employee engagement, and performance evaluation in today&#039;s competitive landscape.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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