837: Career Success in the AI Era, with Deepali Vyas
Nov 19, 2024
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Deepali Vyas, Global Head of FinTech, Payments and Crypto at Korn Ferry and founder of Profolios.ai, shares her insights on navigating career success in the AI era. She discusses why video resumes will dominate recruitment and offers tips for overcoming camera shyness. The conversation highlights how organizations can leverage AI for equity in hiring and the value of strong personal branding. Deepali also introduces her initiative, Fearless Plus, aimed at supporting young professionals in their career journeys.
Generative AI tools have dramatically changed job applications, increasing competition and necessitating innovative presentation methods like video profiles to stand out.
Video profiles are becoming essential in recruitment, allowing candidates to showcase their personality and communication skills beyond traditional resumes.
Demonstrating the ability to connect technical skills to business outcomes is crucial for candidates, emphasizing the importance of storytelling in data science.
Deep dives
AI's Impact on Job Applications
The reliance on AI tools has drastically changed the job application landscape, increasing the average number of applicants per job posting from 250 to 2,500. This surge in applications is primarily driven by candidates utilizing generative AI technologies, such as ChatGPT, to optimize their resumes and improve their chances of passing through Applicant Tracking Systems (ATS). Consequently, candidates need to find innovative ways to stand out amid the influx of applications, transitioning from traditional resumes to more dynamic methods of presenting their qualifications. Emphasizing the shift toward video profiles and personalized branding can greatly enhance a candidate's visibility and appeal to employers.
The Rise of Video Profiles
Video profiles are emerging as the next frontier in job applications, appealing to both younger generations and surprising demographics like Baby Boomers, who value the storytelling aspect of video. This format allows candidates to convey their personality, communication skills, and emotional intelligence, which are critical in today's job market. Platforms such as Profolios.ai aim to simplify the video creation process, enabling individuals to create polished elevator pitches quickly and effectively. By engaging with platforms that support video submissions, candidates can differentiate themselves from those relying solely on traditional text-based resumes.
Differentiating Skills in the AI Era
While technical skills in data science and AI remain essential, the ability to connect those skills to tangible business outcomes is becoming increasingly important. Candidates are now expected to demonstrate 'commercial DNA,' which refers to their capacity to articulate the value of their technical work in a business context. This shift highlights the need for data professionals to enhance their storytelling abilities to effectively communicate insights drawn from their analyses. As the market evolves, candidates who can illustrate how their work impacts organizational goals will stand out more than those who focus only on technical proficiency.
Navigating Changes in the Workforce
Recent layoffs in the tech sector have created a significant opportunity for professionals in financial services and other non-tech industries to recruit tech talent. However, these candidates must be cautious and educated about the regulatory and compliance frameworks inherent in these industries. Understanding how to adapt to a more structured business environment is crucial for successful integration into new roles. Ultimately, candidates who approach this transition with awareness of both technical capabilities and industry-specific constraints will have better prospects for long-term success.
Leadership Transparency and Development
Effective leadership in the changing business landscape relies heavily on transparency, inclusivity, and the development of team members. Green flags for potential employers include open communication regarding decision-making processes and an emphasis on collaborative efforts within teams. Leaders who give credit to their subordinates foster a secure environment where everyone can thrive and contribute meaningfully. As careers shift towards becoming more portfolio-based, professionals will benefit from seeking out mentors and organizations that prioritize development and personal branding opportunities.
Deepali Vyas, Global Head of Applied Intelligence (Data Science & AI) and FinTech at Korn Ferry, talks to Jon Krohn about the best ways for data science and AI professionals to get seen and hired. Hear why video, not text, is the future of recruitment, how to get over camera shyness, and how to make a winning impression on job recruiters.
Interested in sponsoring a SuperDataScience Podcast episode? Email natalie@superdatascience.com for sponsorship information.
In this episode you will learn:
(09:49) On using GenAI to get hired
(27:44) The future of video in recruitment
(40:36) Tips for the camera-shy
(44:15) How Fearless+ started
(54:51) How AI helps organizations to ensure equity
