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Simply the right thing to do
Global companies are very keen to get as high ESG ratings as possible (Environmental, Social and Corporate Governance) because it affects shareholder value. But Marc Ramos, Chief Learning Officer at Cornerstone, points out that ESG is really significant for HR and learning, not necessarily from a metrics and compliance perspective, but from a cultural one. He says ESG is important because it simply is the right thing to do. It shows that the organisation is honest about and believes in taking care of employees, the earth and the future. This is attractive to external talent and helps to retain staff, regardless of which sector, market or size of business you’re in.
Another crucial area for any high-growth company is digitalisation, but get ready for the next wave, which will focus on individualisation. New generative AI solutions like ChatGPT, Google’s Bard and others will significantly change work. These cutting-edge tech solutions will increase productivity and make work more exciting and fun for employees.
Read more about why ESG and technology really matter for your talent management in the Talent Health Index report: https://www.cornerstoneondemand.com/uk/resources/article/your-holistic-guide-to-talent-success-uk/
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AI as universal as electricity
Marc Ramos, Chief Learning Officer at Cornerstone, believes AI will become as universal and ubiquitous as electricity. We’re right at the beginning, and there is a lot of hype, fear and anxiety, so governments and other entities are putting controls in place. But there are also tremendous values with AI, not least from a talent, HR and learning perspective. Here are some areas where Marc already sees advancements in AI.
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Time to make wise choices on technology
There is a lot of new and fascinating technology coming out on the market. For many organisations in manufacturing, health sciences and retail, it’s time to make some wise and interesting choices. When it comes to talent, learning and HR, you need to consider if these latest and greatest technologies will enable you to:
