Often I hear about how companies view their human resources.
That they are the most important asset in the business and without them, success wouldn’t happen.
But when you dig deeper and look at the amount of investment (re: training) made on their people, the opposite seems true.
And I can understand that through my interactions with the group of HR Directors from hotels in Bangkok a few months ago.
From startups helping organizations find the right trainer or coach to a psychology-driven talent assessment platform to an online leadership development platform, the TechHR Singapore event to be held on 28th February, 2019 at Marina Bay Sands will showcase the best of best from the startup and HR technology world.
Startups will get a chance to participate in the conference, showcase at the Startup Zone, meet investors one-2-one, attend exclusive masterclasses and your product will be covered exclusively in People Matters channels.
Singapore, 2 Jan 2019 – Roboroy the power packed much awaited AI recruiter is now launched and commercially available.
X0PA AI , Singapore headquartered company founded in 2017 by Nina Alag Suri and Prof Jussi Keppo promises to transform the way hiring is done.
“Machines will do what machines do best and give humans the tools to enable them to accomplish superhuman tasks.These are exciting times for the convergence of humans and machines and we at X0PA are excited to work with AI in the human space.”
Says Nina Alag Suri, CEO and founder of X0PA Ai.
With the exponential growth in technology, the demand for tech talents has outstripped supply.
Based on the data from Singapore government, the number of Infocomm Jobs (Employed and Vacancies) has gone up 106% in 2016 compared to 2002.
And this situation isn’t just unique to Singapore.
With that backdrop, the entrance of GetLinks is welcoming.
In marketing and sales, technology makes market research and communication easier by automating numerous processes and in finance, it helps companies avoid human mistakes.
This trend hasn’t bypassed the Recruitment industry.
However, many startups’ HR departments are still facing certain obstacles due to the lack or insufficiency of Standard Operation Procedure or SOP.
Considering that well-managed and low employee turnover is crucial for running a successful business, companies need to have an efficient SOP.
It is no surprise that Singapore’s SMEs are having a tough time to find and retain talents.
The Labour Market second quarter report by the Ministry of Manpower (MOM) revealed that the number of job vacancies continued to rise in the past years, culminating to 56,700 as of June 2018.
The recent 2018 budget announcement has also made hiring talents more challenging for SMEs.
The People Matters TechHR Startup Program every year unfailingly showcases many innovative early-stage startups in the HR technology space every year.
The startups are chosen on the basis of factors such as a sharp vision for the product and a deep understanding of the talent problem it is solving.
In India, over the years, the program has brought to fore many early-stage startups in the HR technology space that have gone to raise funding and get the desired attention from investors and recruiters alike.
It is tough not to read another technology article without Artificial Intelligence (AI) being mentioned.
To that extent, it is not surprising to see companies using that word more and more loosely.
On one spectrum, you have Oracle CEO Mark Hurd, who said that “it’s just nonsense” to believe that many tech companies are serious about their efforts to develop AI technology.
Artificial intelligence (AI), as a recruitment tool, has been rapidly rising and revolutionizing the recruiting process.
Similarly to sales representatives and marketers that had profited from automation tools such as HubSpot and Salesforce, recruiters are now progressively turning to AI for hiring talents.
Today, the recruitment automation scene incorporates approximately 70 different types of tools such as Gusto, Culture Amp, Luminoso, Smashfly, BreezyHR, and more.
Transformation is never a straight-line process.
We all have seen that the HR function has pushed itself to adopt and adapt to the evolving trends of the business ecosystem.
From taking a much larger role to leading organizational transformations, HR function needs to spearhead the organizational change from “doing digital” to “being digital.” It is time for HR to lead from the front!