Attracting and retaining enough employees at all levels to meet the needs of a company's growth, developing a robust leadership pipeline, and transferring key knowledge are among the top talent management challenges.
AI helps to raise to a new level the hiring, upskilling, and reskilling processes.
AI-powered talent management software is often based on three key components:
AI-based tool for workforce skills assessment. Managers use it for a clear understanding of the skills and capabilities of their workforces to be transparent with employees about the skills that are needed, especially when the workers don’t possess them.
AI-driven career path with integrated LMS/LXP for upskilling & reskilling. The tool identifies the skill set a person needs to excel in their role and their skill gap, then connects the person with training content from LMS or LXP that corresponds to that gap.
AI-powered workforce forecasting tool. It can accurately forecast talent gaps which your company may face in the near future. It benchmarks your employees' skills set with competitors to align with industry trends. AI provides recommendations for internal mobility or redeployment strategies.