New research by global talent acquisition and management firm Alexander Mann Solutions has revealed that 96% of senior HR professionals believe that Artificial Intelligence (AI) has the potential to enhance talent acquisition and retention.
However, 57% of those polled were not comfortable with the current pace of technological transformation in their talent function, believing the innovation within their organisation too slow.
Meanwhile, one in four admitted that while they believed that AI would enhance the efficiency of their department, they currently did not use such programmes in their HR or talent acquisition function.
Laurie Padua, Director of Technology and Operations Consulting at Alexander Mann Solutions, commented on the need for a greater focus on innovation:
“It is certainly promising to see that an astounding 96% of senior HR leaders understand the benefits of utilising Artificial Intelligence in their HR and talent functions. Artificial Intelligence technologies and data analytics tools both hold significant opportunities for candidate sourcing, selection and retention. And with figures from LinkedIn’s 2016 Global Recruiting Survey finding that 46% of HR leaders are still struggling to attract candidates in high demand talent pools, it’s clear that organisations which embrace technology will have an edge over their competitors.
“With the ‘race to innovate’ intensifying across a wide range of professional sectors, and the business benefits of the early adoption of Artificial Intelligence programmes becoming increasingly clear, it is somewhat unsurprising that 57% of senior HR professionals are not comfortable with the current pace of transformation within their own function. However figures from our latest insight suggest that there is a disconnect between HR’s willingness to innovate, and tangible adoption of Artificial Intelligence technology. Companies who embrace change and are quick to adopt these technologies will have far greater access to in-demand talent pools, while those who fail to act are likely to fall behind.”