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CAHRS Top 10 July 2024

1. AI & Talent Management Practical Applications:
Performance Management
CAHRS
The adoption of artificial intelligence (AI) in human resource management has the potential to reshape many areas of the function, but probably none more so than talent management. Companies face pressure to move fast, yet many questions remain about how to best leverage AI and how to do so responsibly. In this CAHRScast, ILR Shool’s William J. Conaty Professor of Strategic Human Resources and CAHRS Director Brad Bell shares examples of how AI is currently being applied in performance management, along with his thoughts on future directions to keep an eye on.

2. The age of GenAI
How Work Preferences Are Shifting
Boston Consulting Group
In order to successfully navigate the evolving landscape of GenAI, leaders must prioritize adapting to shifting work preferences. This includes fostering flexibility, enhancing opportunities for skill development, and leveraging AI to automate routine tasks. By doing so, companies can meet employees' expectations for meaningful work and continuous learning.

For more talent-management based information on the changing environment of human resources, take a look at these CAHRS working group notes from the “Transformation Working Group Series – The Evolving HR Operating Model.”

3. The HR Gap
Between Intention and Reality
eCornell
ILR School HR Studies Associate Professor Rebecca Kehoe delves into the prevalent gap between HR policies and employees' real-world experiences, offering insights into its causes and suggesting actionable steps. Her discussion equips HR managers and frontline leaders with strategies to enhance the implementation of HR policies, fostering a more harmonious and effective work environment.
 

4. An AI-First Mentality
Why HR Needs one
Workday
CAHRS partner company Workday emphasizes the critical need for an AI-first mentality in HR functions. They argue that harnessing AI can streamline HR processes, enhance decision-making with data-driven insights, and improve employee experiences through personalized solutions. By adopting AI technologies, organizations can unlock greater efficiency and effectiveness in managing their human capital.

5. WFH
The Studies are in
Korn Ferry
This article discusses the insights gained from studies on remote work, such as the impact of remote work on employee productivity, engagement, and well-being, highlighting key findings and trends shaping the future of work. The organization provides valuable perspectives and data-driven strategies for leaders navigating the complexities of remote and hybrid work environments.

For further information about the new world of flexible work, be sure to take a look at the ILR School Executive summary “What are the Associated Impacts of Return to Office on Talent Pipelines?"

6. ‘Covering Culture’
Is it Undermining your Organization’s Well-Being Efforts?
Deloitte
Concealing one's true identity at work can negatively impact employee well-being and undermine workplace wellness initiatives. It discusses the importance of fostering an inclusive environment where individuals feel comfortable being themselves, which can lead to greater productivity and overall satisfaction. The article suggests strategies for organizations to promote authenticity and inclusivity to improve employee well-being and organizational performance.

7. Ikea Lost $5,000 When Each Worker Quit
So It Began Paying More
Bloomberg
CAHRS partner company Bloomberg discusses how IKEA implements various strategies to reduce employee turnover in its stores. Through initiatives like "culture of care" training, career development opportunities, and flexible work arrangements, IKEA aims to create a supportive and fulfilling work environment for its employees. These efforts have proven successful, contributing to higher job satisfaction and lower turnover rates among IKEA store workers.

8. A Brilliant Alternative
Trading Degree and Experience Requirements
Inc.
Companies like Google, Apple, and CAHRS partner firm IBM are shifting their focus from degree-based hiring to alternative credentials like bootcamps, coding schools, and apprenticeships. This shift is driven by the need for skilled workers in rapidly evolving industries and a recognition that traditional degrees may not always reflect an individual's true capabilities. By embracing alternative pathways to talent acquisition, organizations are diversifying their talent pools and fostering innovation within their teams.

9. A new Approach to Problem-Solving
Humana’s HR transformation
Human Resource Executive
Humana’s HR transformation centered on a novel problem-solving approach, integrating design thinking and Agile methodologies. This initiative fostered collaboration, innovation, and rapid adaptation within the organization's HR department. By embracing this new mindset, Humana streamlined processes, enhanced employee experience, and achieved significant business outcomes.

10: Shaping HR Leadership
CAHRS Advisory Board Member Weighs in
The HR Digest
Christy Pambianchi, Executive Vice President & Chief People Officer at CAHRS partner Intel, emphasizes the critical role of HR leadership in driving organizational success. She advocates for a strategic approach that focuses on people development, diversity, equity, and inclusion to create a thriving workplace culture. Pambianchi's insights underscore Intel's commitment to fostering strong HR practices that empower employees and drive business growth.

CAHRS recently held a working group on Succession Planning & Leadership Development, where members shared tips and challenges related to building leadership capability across all levels of employees.