The Josh Bersin Company

Workday Rising, Precision Talent Acquisition, The Future Role of the CHRO

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Dec 14, 2024
Explore compelling insights from a recent trip to Europe, focusing on the innovative concept of Precision Talent Acquisition. The discussion highlights the evolving role of CHROs, emphasizing strategic workforce planning over traditional methods. Economic factors are slowing down hiring cycles, but AI is transforming existing roles into 'super workers.' The importance of cultural fit alongside technical skills is underscored, showcasing how talent acquisition should be viewed as a growth function in today's labor market.
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INSIGHT

Workday's Integration Success

  • Workday impresses with product integration, creating a cohesive solution.
  • Despite not being perfect, Workday's human capital management system demonstrates significant improvement.
INSIGHT

Competition and Expansion in HR Tech

  • SAP and Oracle are adapting well to AI, with SAP offering AI-driven career planning and performance tools.
  • The market is expanding with companies like Eightfold moving beyond talent intelligence.
INSIGHT

Slowing Hiring Cycles & Super Workers

  • The hiring cycle is slowing down due to economic factors and increased productivity from AI.
  • This productivity doesn't necessarily mean layoffs, but rather creating "super workers."
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