Drastic changes have taken place in the HR and talent landscape since COVID-19 hit. Widespread layoffs, the shift to remote work, bias mitigation, and continuous need for employee development has created even more of a need for better technology in the sector.
Sierra Ventures Managing Partner Tim Guleri shared his thoughts with HR Tech Outlook about how Artificial Intelligence (AI) has become even more important for HR transformation and how the technology is driving the future of talent acquisition and development.
In the article Tim discusses how AI can:
- Massively increase productivity
- Reduce bias throughout the talent journey
- Foster agility and flexibility
Companies like Phenom People, a Sierra Ventures Portfolio Company, are leading the way with their AI-powered talent experience management platform. In their chatbot report, Phenom People analyzed 20 million candidate interactions across 100+ customers with a chatbot and found that 95% more job seekers became leads on career sites with a chatbot with 40% more applications being completed.
Learn more insights and trends in HR Technology in the article.