With the rising use and need for Artificial Intelligence (Al), Khadijat Alabi, speaks on how to leverage AI for data-driven decision making and what Human Resources professionals get from leveraging AI for data-driven in decision making.
She also spoke about predictive analytics in Human Resources and some of the benefits of AI.
Below are the excerpts:
Can we meet you?
My name is Khadijat Alabi. I have a degree in Accounting (BSc.) with a Human Resources Management program MBA from Williams Paterson University of New Jersey.
I alongside three others authored a journal article titled ‘Predictive Analytics in HR: Leveraging AI for Data-Driven Decision Making’
Can you speak on the title of your journal article – Predictive Analytics in HR: Leveraging AI for Data-Driven Decision Making’?
Predictive analytics in Human Resources is a rapidly evolving field that leverages artificial intelligence and data-driven decision- making to revolutionize the way HR decisions are made. By utilizing advanced algorithms and machine learning techniques, HR professionals can now predict future outcomes with greater accuracy, leading to more informed and strategic decision- making.
Through predictive analytics, HR departments can forecast employee turnover, identify high-potential candidates, and even anticipate future skill gaps within the organization.This valuable insight allows HR leaders to proactively develop retention strategies, succession plans, and targeted training programs to address potential gaps in the workforce.
Furthermore, predictive analytics enables HR to optimize recruitment processes by identifying the most effective sources for talent acquisition, improving candidate selection processes, and enhancing overall workforce planning.
What benefits does HR Professionals get with AI-driven predictive analytics?
AI-driven predictive analytics can provide valuable insights into emerging industry trends and technological advancements, allowing HR to anticipate shifts in skill requirements and proactively plan for reskilling and upskilling initiatives. This not only helps in addressing talent shortages but also ensures that the organization is well-prepared to capitalize on new opportunities in the evolving landscape.
Furthermore, AI can facilitate scenario planning and predictive modeling to assess the potential impact of various business decisions on the workforce, empowering HR to make informed strategic choices that drive organizational success. By integrating AI-enabled predictive analytics into strategic workforce planning, organizations can optimize their talent strategies, mitigate risks, and capitalize on emerging opportunities in the dynamic global marketplace.
What are some of the benefits organizations get in integrating Artificial Intelligence and Productive Analytics into Human Resources?
By harnessing the power of AI and data- driven insights, HR can align their strategies with organizational goals, maximize employee productivity, and drive overall business success.
By integrating Al and predictive analytics into their HR processes, organizations can make data-driven decisions that lead to improved hiring outcomes, increased employee engagement, and enhanced work delivery. With the help of predictive analytics, organizations can make immediate decisions based on real-time data and also forecast future requirements.
What’s your concluding note?
The integration of predictive analytics in HR practices holds substantial promise to reshape the landscape of talent management and organizational development. By harnessing the depth of insights provided by predictive analytics, organizations can cultivate proactive, data-driven, and agile approaches to talent acquisition, retention, learning and development, and organizational design.
Embracing the transformative role of predictive analytics in HR is pivotal for organizations aiming to thrive in an ever evolving and competitive global marketplace. Strategic workforce planning is a critical aspect of human resource management, and AI-enabled predictive analytics can play a pivotal role in this domain.
Khadijat Alabi can be reached via khadijatalabi2021@gmail.com